UN Proposal for
Pathways of Economic
Development
Melis, Kerem, Dennis, Bakir,
Ibrahim
Introducing Neo-Marxism
Marxism and Neo-Marxism
In political theory, Marxism is critical theory that
studies how capital and its distribution affects
economics and society.
Neo-Marxism is applying Marxism in a modern
context, taking into account the newer forms of
exploitation Marxism describes, such as
neo-imperialism. Neo-marxism also contains
more theories within its umbrella, the most
notable being world systems and dependency
theories.
Introducing Neo-Liberalism
Neo-liberalism
In political theory, Neo-liberalism is a theory that studies how
state intervention in the market affects a country’s
development.
Neo-Liberalism theory states that state intervention should be
minimal, while also removing trade barriers and promote
privatisation for optimal development. It also uses the theory
of comparative advantage by Ricardo in 1817.
Asian Tigers: Hong Kong, Singapore, South Korea and Taiwan.
Export-oriented strategy - Used by the Asian Tigers, the
strategy involves finding a niche in the international economy
and exporting goods to fill, and profit from, that niche.
Resolution to the UN
Forum: UN General Assembly Second Committee (Economic &
Financial)
Question of: Proposing a pathway for economic development
Submitted by: Melis Eraslan, Arda Kerem Karagöl, Efe Dennis
Göğüş, Bakir Alikalfic, Ahamed Ibrahim Ishthiaq
THE BLIS IBDP GLOBAL POLITICS CLASS OF 2024,
Noting that neoliberal models of economics force
underdeveloped (3rd world) states to be dependent on the
export of limited resources, which leads to poorer states
having to sell these labour-intensive products for cheap —
such as sweatshop labour in South Asian states — benefits
rich states and underdeveloped poor states,
Underlining that a core-periphery system, as described by
dependency theory, is observed between poor and rich
countries,
Further noting that intervention by richer states and by
MNCs in neoliberal policies poses as a breach to state
sovereignty, for example: CIA intervention in Chilean
politics to install a neoliberal capitalist set of economics
which caused the state to be dependent on the
US-dominated market, MNCs bribing officials in poor
countries to support these corporations’ interests, foreign
aid from rich countries preventing movements for national
autonomy over economic policy as described by
Neo-Marxist theory,
Recalling that, especially during regional and global economic
crises, neoliberal models have not pointed towards development
for poorer countries or the periphery or semi-periphery in world
systems theory: member states of the Eurozone who have received
bailout agreements and austerity measures from the EU who have
been forced to mass-privatise government-regulated capital (Italy
and Greece being the best examples) face worsened economic
conditions due to skyrocketed amounts of debt, loss of state funds
to MNCs or to core states of the EU (such as Germany), and a
dependency on taxation to provide for governmental operations
which has underdeveloped the populations,
Emphasising that historical colonialism has found modern
channels through neoliberalism — neo-colonialism and
neo-imperialism — highlighted by the exploitation of the
DRC by MNCs (mainly SOCO), which can be seen through a
periphery and the core model, leading to an unfavourable
flow of resources for the periphery, from the periphery to
the core,
1. Calls out the economic dependency poor countries
have formed on the rich,
a. describing a core-periphery world system proposed
by neo-Marxist theorists
b. aiming to give economic and political autonomy to
all countries,
2. Endorses import substitution strategy to economically
develop world peripheries that have been overlooked by
neoliberalism: countries that are dependent on exports,
which are often raw products that are limited in
resources and labour-intensive, should instead develop
and protect industries to produce goods from these raw
products, thus eliminating their dependency on buying
expensive processed goods from rich countries,
3. Invites countries to form a renewed version of the New
International Economic Order, where
a. the focus of the forum is to support the economies of
developing countries,
b. the forum aims to come to equitable discussions and
proposals for developing countries,
c. broad and specific problems both for developing
countries will be discussed,
d. the global economy will be aimed to be reformed so that
neo-colonialism and exploitation of the ‘Third World’
under neoliberalism will be prevented,
4. Encourages better integration of international forums on
development of the 3rd world,
a. joining hands and supporting the United Nations
Conference on Trade and Development (UNCTAD).
b. promoting the renewed New International Economic
Order described in Operative Clause 3,
5. Calls upon government officials of the world:
a. in developed countries (the core in world systems
theory) to upkeep labour laws and control MNCs to
prevent economic exploitation of vulnerable groups in
their countries, and economic exploitation of poorer
countries
b. in developing countries (the peripheries and
semi-peripheries in world systems theory) to promote
national autonomy over economy and to protect their
capital; to keep sovereignty over operating MNCs or
other, more developed states
6. Further calls upon the IMF to support developing
countries by implementing economic policies regarding
loans and debt that does not undermine sovereignty or
economic autonomy,
7. Decides to remain actively seized upon the matter of
the economic sovereignty of developing countries.
