Africa : economic cooperation among developing countries (ECDC)

Abstract

The back-ground to the adoption of resolutions -127(V) somehow explains many of the events in its aftermath. The issue of ECDC appeared as a separate and distinct item of the agenda. The Arusha Program for Collective Self-reliance, containing a First Short medium-Term Action Plan for Global Priorities on Economic Co-operation among Developing Countries was the basic document to the adoption of resolution l27 (V) on Economic Co-operation among Developing Countries (ECDC) at the 5th session of the United Nations Conference on Trade and Development (UNCTAD.) Developments on the international economic scene before and during the fifth session c£ UMCTA served to underline the serious structural world economic imbalance, especially its ominous implications on the economies of most developing countries.