After the Second World War, at Bretton Woods, the United States tried to resurrect three of the pillars on which the 19th century LIEO
had been built: free trade, the gold standard, and free capital mobility.
This first LIEO
was the first truly global economic system, and was immeasurably aided by the plunging costs resulting from the inventions of railways, telegraphy, and steam engines.
As to the LIEO
program, this was renamed in the 1980s as the 'export-oriented industrial' (EOI) policy under the World Bank-supported 'structural adjustment program' (SAP).