-
From Boumedienomics to Reaganomics: Algeria, OPEC, and the International Struggle for Economic Equality
- Humanity: An International Journal of Human Rights, Humanitarianism, and Development
- University of Pennsylvania Press
- Volume 6, Number 1, Spring 2015
- pp. 79-92
- 10.1353/hum.2015.0004
- Article
- Additional Information
- Purchase/rental options available:
The New International Economic Order (NIEO) has fallen into neglect. But it is fair to argue that the world of the 1980s was in so many ways created as a reaction to the economic, political, legal, and cultural implications of the NIEO. As a challenge to market capitalism and as the proposition of an international alternative based on state planning and worldwide redistribution under UN supervision, it has been in the 1970s probably more important that International Communism. This paper traces the steps that led Algeria to a prominent role within OPEC and more broadly within the global south as a speaker for the NIEO cause: first its struggle towards independence, then the decision to nationalize natural resources, and finally its effort to internationalize the battle of raw materials producers through NIEO.