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Q.

Group 77 or G-77 demanded a [[1]].


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answer is NEW INTERNATIONAL ECONOMIC ORDER.

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Detailed Solution

The term "G-77" or "Group of 77" refers to the 77 emerging nations that missed out on the 1950s and 1960s fast expansion of the western economies. Thus, they formed the G-77 to call for a new international economic system or NIEO. By NIEO, they meant a system that would give them actual sovereignty over their natural resources, more support for international development, more equitable prices for raw materials, and better access for their produced goods to markets in richer nations.
 
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