The Brandt Report

The Brandt Report

In 1977, Robert McNamara (the president of the World Bank) calls upon

Willy Brandt to be the head of the "independent Commission for

international development issues." Brandt accepted this assignment. He

assembled a group of international statesmen and leaders to take a

close look at the failure of the global economy and the problems

plaguing developing nations, the north-south commission. The Brandt

Commission made a set of recommendations to governments, international

agencies, and the global public. It proposed a restructuring of the

global economy, along with a new approach to the problems of

development, including an emergency program to eliminate poverty in

developing nations. The report over two years to compile. On February

12, 1980 the Commission presents its "North-South Report" to the

Secretary-General of the United Nations in New York. The Brandt

Commission offered the international community a vision for balancing

the creation of wealth with the provision of public services,

anticipating new foundations for the future of civilization.

The Brand Report wanted a balance in developmental policies and

demands that the countries of the South be integrated into the global

Economic system. They expected this will bring about needed

improvements in economic and social conditions in disadvantaged

countries. They also wanted rich industrial countries of the North to

share their means and power with the countries of the South. The

Report contains a number of proposals for the reform and

transformation of the world economic system.The Brandt Reports also

called for prompt and urgent action for the poorest nat...

... middle of paper ...

...ead of promoting accessible, balanced exports of goods and

resources between rich and poor nations to build cooperation and

enlarge international markets, trade has been hampered by local

subsidies and protectionist barriers, driving down the export

prices of developing nations

* Rather than making global economic rules and institutions

equitable for every nation, restoring confidence and trust

throughout the world, money and finance remain unregulated at the

global level, resulting in currency instability, recession, and

financial risk in developing nations

The report contains little real substance, a collection of 'well

intentioned' formulas but a bit over ambitious. The report has made

little difference, yet still are good points which the future

generation must think about.