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Transition to a New World Economic Order Part I: The Framework

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  • Calkins, Peter H.
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    Abstract

    The idea of a new world order suggests political and economic changes that would improve the lot of all the people in the world. Such a new world order would address all causes of poverty and inequality both within nations and between nations. Desirable changes would modify present competitive patterns of organisation and substitute more cooperative systems and processes. Writers in this area focus particularly on how to change the current state of the world in order to achieve a transition to a more desirable new world order. From an economic point of view, this transition could be interpreted as an attempt to frame new political, economic and social institutions and rules of conduct that would enable the equity goals of the proposers to be achieved.

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    Bibliographic Info

    Article provided by Australian Agricultural and Resource Economics Society in its journal Review of Marketing and Agricultural Economics.

    Volume (Year): 63 (1995)
    Issue (Month): 02 (August)
    Pages:

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    Handle: RePEc:ags:remaae:12336

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    Postal: AARES Central Office Manager, Crawford School of Public Policy, ANU, Canberra ACT 0200
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    Keywords: International Relations/Trade;

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    1. Sugden, Robert, 1984. "Reciprocity: The Supply of Public Goods through Voluntary Contributions," Economic Journal, Royal Economic Society, vol. 94(376), pages 772-87, December.
    2. Alec Nove, 1993. "Transition to the Market and Economic Theory," Problems of Economic Transition, M.E. Sharpe, Inc., vol. 35(9), pages 20-33, January.
    3. Kim, C. S. & Moore, Michael R. & Hanchar, John J. & Nieswiadomy, Michael, 1989. "A dynamic model of adaptation to resource depletion: theory and an application to groundwater mining," Journal of Environmental Economics and Management, Elsevier, vol. 17(1), pages 66-82, July.
    4. Holly,Sean & Hughes Hallet,Andrew, 2010. "Optimal Control, Expectations and Uncertainty," Cambridge Books, Cambridge University Press, number 9780521126335.
    5. Vega-Redondo Fernando, 1993. "Competition and Culture in an Evolutionary Process of Equilibrium Selection: A Simple Example," Games and Economic Behavior, Elsevier, vol. 5(4), pages 618-631, October.
    6. N. Gauzner & N. Ivanov & M. Mikhina, 1993. "The Strategy of Developing Human Resources Under Conditions of the Market Transition," Problems of Economic Transition, M.E. Sharpe, Inc., vol. 36(3), pages 45-68, July.
    7. Richard J. Brazee & Douglas Southgate, 1992. "Development of Ethnobiologically Diverse Tropical Forests," Land Economics, University of Wisconsin Press, vol. 68(4), pages 454-461.
    8. Becker, Gary S, 1974. "A Theory of Social Interactions," Journal of Political Economy, University of Chicago Press, vol. 82(6), pages 1063-93, Nov.-Dec..
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    Cited by:
    1. Calkins, Peter H., 1995. "Transition to a New World Economic Order Part II: Strategies," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 63(03), December.

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