Brazil and IBSA: A Blueprint for Future South-South Cooperation?
The New International Economic Order (NIEO), a formal set of proposals put forth by means of a UN resolution in 1974, created a new push for Southern global influence during the Cold War. The resolution states that the signatories support a new economic order “based on equity, sovereign equality, interdependence, common interest and cooperation among all States, irrespective of their economic and social systems which shall correct inequalities and redress existing injustices.” However, in the antipathetic global political climate of the 1970s, the proposals were largely ignored, if not outright demonized as being too revolutionary.
Initiated in 1964, the Group of 77 (G77) is similar to the younger NIEO, but it has remained active into this century, including summits in 2000 and 2005. Ultimately, however, the group is crippled by the fact that the seventy-seven members are often economically divided into blocs amongst themselves. Countries in the upper echelon of the G77 have therefore developed intra-group relationships with increasing regularity in order to combat trade inequality. One such group, the IBSA Dialogue Forum, composed of India, Brazil, and South Africa, has demonstrated that an advantageous future exists for South-South cooperation, but that it is not necessarily a cure-all to counter Northern misuse of authority.
This analysis was prepared by COHA Research Associate Amy Bratzel.
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Today’s COHA Blog
Changing migration patterns in Latin America have significantly slowed down illegal immigration to the United States. As more education and work-related opportunities reach a larger demographic in Latin America, today’s emigrants prefer to stay close to home. Many Latin American countries have recognized the importance of increased human mobility and now attempt to reflect it in their policies. While economic disparities are still significantly deep in many parts of the region, potential emigrants choose to travel to the neighboring countries and invest in the development of the region.
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Look Forward to COHA Article: A Land Grabber’s Loophole
The face of colonialism has changed. In today’s world, overpopulated countries are outsourcing staple crop production to less developed countries. In Latin America, the lack of legislative restrictions on land rights has allowed for foreigners to strip natives of their food sovereignty. The innovation of leasing, rather than buying, land continues the abuse of the environment and the basic realities facing the indigenous peoples.
The COHA Daily News
Drug Violence Bridges Generations
Tuesday, August 2nd, 2011 | Research Memorandum 11.3
Blog de Octavio Islas 