Question How does China's one belt one road initiative play into the NEW INTERNATIONAL ECONOMIC ORDER. Another question what about the EUROs motive in the NEW INTERNATIONAL ECONONMIC ORDER?
OBOR doesn't really advance any of the policy positions of the NIEO, but it does maneuver China into a position long held by western nations as a creditor financing development projects in the developing world. Along these lines it has actually made the debt load of developing countries worse. The Euro was primarily a tool to force greater European integration but for small states like Greece, Belgium, and Ireland the Euro also provides a more stable currency under a floating exchange rate than they would have enjoyed. So it was a way to get the currency stability that many developing countries desired after the fixed exchange rate system came apart.
