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Basic Needs and Technology Transfer Issues in the ‘New International Economic Order’
Author(s) -
Hope Kempe R.
Publication year - 1983
Publication title -
american journal of economics and sociology
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.199
H-Index - 38
eISSN - 1536-7150
pISSN - 0002-9246
DOI - 10.1111/j.1536-7150.1983.tb01726.x
Subject(s) - order (exchange) , technology transfer , developing country , business , natural resource , control (management) , economic system , environmental economics , industrial organization , economic growth , economics , international trade , political science , management , finance , law
A bstract .Developing countries have called for the establishment of a new International Economic Order. New perceptions of development are examined as they relate to haste needs and the transfer of technology within such a framework. The approach seeks to reduce and eventually to eliminate dependence on developed country enterprises, thus allowing developing countries to control their natural resources. It seeks to accelerate self‐reliance and to introduce some measure of global management of resources. Technology transferred must be appropriate technology, adapted to local conditions and aimed at meeting specific local needs.