unitex@rubbs.fidonet.org (unitex) (10/11/89)
development of the world economy and take into account the needs of developing countries. Japan intended to enhance co-operation in the fields of monitoring, observation and research, and to allocate approximately $2.25 billion over the next three years to bilateral and multilateral projects. Concerning the 1990 special session of the Assembly, he said a new approach to international economic co-operation was needed. Traditional arguments based on the North-South division were no longer valid. Innovation was also needed for the new international development strategy, which should be realistic, flexible and focused on selected issues of urgent concern. FREDDY CHRISTIANS (Venezuela) said the present Assembly session was the last in the so-called "lost development decade". Year after year, the adverse effects of the international economic situation for the majority of nations had been discussed. There had been several calls for changes in the international economic system; however, changes had not taken place. This Assembly session should be used to analyse that situation. With few exceptions, the developing countries had become poorer. The countries of Latin America and Africa would enter the last decade of this century in perhaps the most difficult socio-economic situation they had ever faced. Developing countries were told that economic adjustment would result in necessary changes that would guarantee sustained growth, he continued. Further, they were told that internal adjustments would overcome the negative trends of growth and development. "That is very far from reality", he said. There must be external changes, as well; there must be co-ordination among international economic policies. One group of nations could not take decisions that would affect the whole world, without global co-ordination. Regarding the debt crisis, he said it must be admitted that some proposals had been put forward. International banks continued, however, to maintain an inflexible position. On environmental questions, he said developing countries were taking measures at the national, regional and international levels, to protect the environment for future generations. The main responsibility on that question lay with developed countries, however, because of their participation in the deterioration of the environment and because they had the financial and technological resources needed. He supported the United Nations conference on environment and development, to be convened in Brazil in 1992. MUSTAFA AKSIN (Turkey) said the uneven and mixed results obtained by the developing countries during the 1980s had taught them useful lessons which should be put to use. Adjustment measures must continue to reduce rigidity in order to accelerate innovative and promising policies for promoting growth. However, adjustment measures had social effects that needed to be cushioned. Developing countries accustomed to old production structures had to display courage and adopt new adjustment policies. Prime responsibility for the economic situation in each country remained with that country itself, he went on. Accommodating an international economic environment, however, was essential to give sound economic policies a chance. Among the constraints hindering sustained growth were foreign debt and a lack of sufficient resource transfers. There was no simple solution to the debt crisis; despite the hope generated by new approaches of IMF, the World Bank and the United States, "we are still waiting for concrete action". Foreign debt should not overshadow other factors, such as protectionism, which hindered growth in developing countries. Reviewing the issues currently before the Committee, he called for action against poverty, "the end result of economic stagnation" caused by structural imbalances and inadequate growth. Environmental questions should be taken up at two levels. Issues such as the ozone layer and climate change required action at the global level, while problems such as deforestation and toxic wastes were primarily of national concern. Even those issues called for concerted action by the international community since environmental degradation affected every one. The responsibilities of industrialized and developing countries differed considerably, and more thought must be given to the question of environmental conditionality attached to assistance given to the developing countries. VICTOR G. GARCIA (Philippines) said the proposition that economic expansion in the North spurred economic improvement in the South was a fallacy. A few countries in the developing world had managed to achieve some growth, and the Philippines economy had grown by 6.8 per cent last year. That growth, however, often meant only an additional transfer of resources to service external debt. The heavily indebted developing countries continued to devote more than one third of their export earnings to debt service obligations, and the improved trade receipts did not go towards the improvement of the material conditions of the people. The developing countries had restructured their economies and * Origin: UNITEX --> Toward a United Species (1:107/501) --- Patt Haring | United Nations | Did u read patth@sci.ccny.cuny.edu | Information | misc.headlines.unitex patth@ccnysci.BITNET | Transfer Exchange | today? -=- Every child smiles in the same language. -=-