MUNA Resolution #3

Towards a New International Economic Order

  The General Assembly,

Bearing in mind the purposes and principles of the Charter of the United Nations to promote the economic advancement and social progress of all peoples,

Reaffirming its resolution 70/1 (2015) in which it adopted a comprehensive, far-reaching and people-centred set of universal and transformative Sustainable Development Goals and targets, and its recognition that eradicating poverty in all its forms and dimensions, including extreme poverty, is the greatest global challenge and an indispensable requirement for sustainable development,

Stressing the need to fulfil all financing for development commitments,

Concerned about the multiple interrelated and mutually exacerbating current global crises, in particular the world financial and economic crisis, volatile energy and commodity prices, the food crisis and the challenges posed by climate change, which threaten to further widen the gap between developed and developing countries,

Also concerned that more than half of the workers in the developing world, about 1.5 billion people, live in vulnerable employment situations, and approximately one in five people in the developing regions live on less than 1.25 United States dollars a day,

1. Reaffirms the need to work towards a new international economic order based on the principles of equity, sovereign equality, interdependence, common interest, cooperation and solidarity among all States;

2. Reiterates that States are to refrain from applying any unilateral economic, financial or trade measures that impede the full achievement of economic and social development, particularly in developing countries;

3. Reaffirms the recommitment to broadening and strengthening the voice and participation of developing countries, including African countries, the least developed countries, landlocked developing countries, small island developing States and middle-income countries, as well as countries and peoples under foreign occupation, in international economic decision-making, norm-setting and global economic governance;

4. Also reaffirms that a universal, rules-based, open, non-discriminatory and equitable multilateral trading system can play in stimulating economic growth and development worldwide, thereby benefiting all countries at all stages of development;

5. Decides to continue considering the international economic situation and its impact on development at its seventy-third session.

 Mover: Thailand (5 mins)

Seconder: People’s Republic of China (4 mins)

Speakers: Kenya, Indonesia, Malaysia, Brazil, Botswana, Spain (3 mins each)


https://en.wikipedia.org/wiki/Mercantilism The early economic view of European nations

https://en.wikipedia.org/wiki/Comparative_advantage Wikipedia on Comparative Advantage

https://en.wikipedia.org/wiki/Free_trade Wikipedia on free Trade

https://en.wikipedia.org/wiki/Fair_trade Wikipedia on Fair Trade

http://www.un-documents.net/s6r3201.htm Resolution adopted by the General Assembly  3201 (S-VI). Declaration on the Establishment of a New International Economic Order May 1 1974


http://www.un.org/en/ga/search/view_doc.asp?symbol=A/RES/70/1 Transforming our world: the 2030 Agenda for Sustainable Development

http://www.un.org/en/ga/search/view_doc.asp?symbol=A/70/PV.4 Meeting Transcript of above

http://www.un.org/press/en/2015/ga11688.doc.htm UN Press Release of above

Of side interest is by Richard Wilkinson and Kate Pickett's book The Spirit Level: Why Greater Equality Makes Societies Stronger on how greater equality may lead all to greater well being.