The "New" Ideology in the 1960s

By mid-decade the ideology had begun to change in fundamentally new ways. Adherents had developed a new self-awareness and self-confidence. The vast increase of new sovereign states provided the alliance with many more members and thus increased the political importance of the emerging ideology. Adherents simply added the new version of the trade issue and new proposed solution to other policy analyses already in the ideology. As would be expected of the international organization most concerned with trade matters, the General Agreement on Tariffs and Trade (GATT) was the first institution to make the international community aware of trade related global income "gaps." By 1961 even the GATT was calling for the industrialization of the third world as one means for dealing with the poorer nations&s; declining share of world trade. Continuing GATT interest in the declining relative volume of third world trade reflected the fact that liberal economists treated the problem as a real dilemma.