Abstract
Just as the Bretton Woods institutions were finding their feet, the United Nations got going right from the start with three pioneering reports on how to stabilize developed economies to achieve full employment, and how to harness the economies of the Third World. This chapter is a critical comparative evaluation of two of these pioneering UN reports on problems of underdevelopment: Measures for the Economic Development of Underdeveloped Countries, (1951), and The Economic Development of Latin America and Its Principal Problems (1950). These two pioneering reports profoundly influenced the development discourse and still stand tall. This chapter also reflects on the fall and rise of the UN in setting global development strategies and internationally agreed development goals (IADGs), such as Agenda 2030 for Sustainable Development Goals (SDGs). The discussion highlights the main thrust of the UN's policy prescriptions and where they differed with other major organizations or schools of thought.
Original language | English |
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Title of host publication | The World Economy through the Lens of the United Nations |
Editors | Jose Antonio Ocampo, Anis Chowdhury, Diana Alarcon |
Place of Publication | U.K. |
Publisher | Oxford University Press |
Pages | 246-274 |
Number of pages | 28 |
ISBN (Print) | 9780198817345 |
DOIs | |
Publication status | Published - 2018 |
Keywords
- United Nations
- United Nations Sustainable Development Goals
- developing countries
- economics
- sustainable development