Triple

Given a phrase, classify it is english named entity (e.g., persons, organizations, works of art) in Latin script, or not (e.g., literals, dates, URLs, verbose phrases). For disambiguation, the statement where the phrase occurs as object is also given. Please return a JSON object with `phrase` (string, the phrase being analyzed) and `is_ne` (boolean, indicating whether the phrase is a Named Entity).

Phrase: new international economic order | Statement: [Indira Gandhi Prize, awardFor, new international economic order]

Target entity: new international economic order
Context triple: [Indira Gandhi Prize, awardFor, new international economic order]

• A. ordoliberal economic order
  The ordoliberal economic order is a German school of thought that advocates a strong legal framework to ensure competitive markets, limit monopolies, and balance free enterprise with a robust regulatory state.
• B. Rethinking the International Order
  "Rethinking the International Order" is a work by Dutch economist and Nobel laureate Jan Tinbergen that examines and proposes reforms to the global economic and political system to promote greater equity and stability.
• C. Shaping the World Economy
  "Shaping the World Economy" is an influential economics book by Jan Tinbergen that applies quantitative models to analyze and guide international economic policy and development.
• D. International Trade Organization
  The International Trade Organization was a proposed post-World War II specialized agency intended to regulate international trade and complement the IMF and World Bank, but it never came into existence after its charter failed to be ratified.
• E. New World Order
  The New World Order was a hugely influential villainous wrestling faction in World Championship Wrestling (WCW) during the late 1990s, known for its rebellious, outsider image and for revitalizing mainstream interest in professional wrestling.
• F. None of above. chosen
• G. Unsure - the case is ambiguous/there is not enough information to decide.

Generate a one-sentence description of the target entity. 
You are given a context triple in the form (subject, predicate, object), where the object is the target entity. 
# Instructions
Use the triple to infer relevant information about the entity. Describe the entity based on what is most defining, well-known. 
Avoid repeating the information from the triple, unless really essential.
# Response Format
Return only the sentence: "Description: [one-sentence description of the target entity]"

Entity: new international economic order
Triple: [Indira Gandhi Prize, awardFor, new international economic order]

The New International Economic Order was a 1970s United Nations initiative proposed by developing countries to reform global trade, finance, and economic relations in favor of greater equity and sovereignty for the Global South.

Target entity: new international economic order
Target entity description: The New International Economic Order was a 1970s United Nations initiative proposed by developing countries to reform global trade, finance, and economic relations in favor of greater equity and sovereignty for the Global South.

• A. ordoliberal economic order
  The ordoliberal economic order is a German school of thought that advocates a strong legal framework to ensure competitive markets, limit monopolies, and balance free enterprise with a robust regulatory state.
• B. Rethinking the International Order
  "Rethinking the International Order" is a work by Dutch economist and Nobel laureate Jan Tinbergen that examines and proposes reforms to the global economic and political system to promote greater equity and stability.
• C. Shaping the World Economy
  "Shaping the World Economy" is an influential economics book by Jan Tinbergen that applies quantitative models to analyze and guide international economic policy and development.
• D. International Trade Organization
  The International Trade Organization was a proposed post-World War II specialized agency intended to regulate international trade and complement the IMF and World Bank, but it never came into existence after its charter failed to be ratified.
• E. New World Order
  The New World Order was a hugely influential villainous wrestling faction in World Championship Wrestling (WCW) during the late 1990s, known for its rebellious, outsider image and for revitalizing mainstream interest in professional wrestling.
• F. None of above. chosen