Does the Agenda of Developing Countries Raised in International Forum Be a Failure Concept?

Abstract

The agenda of the developing countries raised in international forum is not a complete failure and futile concept. The issues of developing countries are discussed in world economic forum by United Nations Conference on Trade and Development and Doha Agenda of WTO. The matters of the least developed country and developing countries are frequently discussed and prioritized in the meeting of international society. The Declaration for the Establishment of a New International Economic Order, adopted by the United Nations General Assembly in 1974 and the declaration, A Programme of Action and a Charter of Economic Rights and Duties of States in 1974 played important roles to support it. Yet, NIEO programme supported developing countries for promoting trade, transfer of technology, regulation of MNCs, international monetary system and development aid, and interdependence and cooperation despite the spiteful criticism from the economist of developed countries. This legacy of international order was continuously seen in WTO negotiation forum as well. Sustainable development was important agenda of Doha round of trade negotiation. Many least developed countries are out of membership to WTO, it has a greater challenge to make them participated in trading agreement and implement it structurally and practically. The positive aspect of this round of negotiation is that development of developing countries is possible with their greater level of participation in international trade but not with the support in the form of aid.

Keywords: New International Economic Order, United Nations Conference on Trade and Development, World Trade Organization, Doha Development Agenda