International Agencies and Economic Development: An Overview

Abstract

Unctad I, the United Nations Conference on Trade and Development held in Geneva in the spring of 1964, marked a major milestone in international concern with and approaches to the problems of less developed countries. The principal achievements of this mammoth, contentious, allegedly economic gathering, however, were in the political realm. Economic issues of great importance were raised but not resolved. Instead they were consigned for study and consideration to the elaborate continuing machinery born at Geneva, as well as to various previously established agencies, and eventually to the agenda for UNCTAD II, convened in New Delhi in early 1968.