It was meant to be a revision of the international economic system in favour of Third World countries, replacing the Bretton Woods system, which had benefited the leading states that had created it – especially the United States.
Tatanan ini bertujuan sebagai revisi sistem ekonomi internasional agar mendukung negara-negara Dunia Ketiga, menggantikan sistem Bretton Woods yang menguntungkan negara-negara perintisnya, khususnya Amerika Serikat.