unitex@rubbs.fidonet.org (unitex) (10/11/89)
If the economic divisions of the world were to be overcome, he
continued, the concept of undivided development should be
implemented. The removal of ideological confrontation from
inter-State relations was gradually narrowing differences in the
area of economic co-operation. The resolution of problems
separating countries with different levels of development must be
dealt with urgently. Concerted approaches must be worked out
with a view to restoring order in international co-operation
efforts. The 1990 special Assembly session should define a new
mandate for international economic co-operation. The
international community should try to generate resources for
continued development of the seriously indebted countries,
including the middle-income ones.
Without debt reduction and real restructuring, national economic
policies and austerity measures would remain only "paper
measures", he said. Poland was in the midst of radical economic
changes to keep step with the political transformation already
accomplished. Emergency measures were being imposed to break
the economy's inertia. A wide-ranging plan, which envisaged
stabilization, liberalization and partial privatization of the
economy, was being worked out in co-operation with the
International Monetary Fund (IMF) and the World Bank. The plan
would require sacrifice and co-operation by the Polish people,
determination by the Government and assistance from the
international community, including credits, grants, debt relief
and unrestricted access to foreign markets. The Polish case was
a good example of what might be done in practical terms to bring
East and West together.
ABDELRAHMAN ELHAQ MUKHTAR (Sudan) said the overall picture was
one of worsening economic conditions, deteriorating social
services and eroding political stability. "In what is now known
as the 'Lost Development Decade', the economies of developing
countries were mired in sluggish growth,
stagnation and even economic regression", he said. That
situation was particularly disturbing in Africa, where the
countries were now embarking on an African alternative framework
for structural adjustment to boost their efforts towards growth
and development. However, for those adjustment efforts to
succeed, there must be adequate international support.
He appreciated the initiatives of some countries of the North to
reduce the debt burden of developing countries, particularly the
initiative of President FranUois Mitterrand of France. Those
initiatives, however, failed to address the root causes of the
crisis. Developing countries needed additional resources to
stimulate growth and development, and hence support their
efforts to reduce the cumulative debt burden. He hoped the
international community would make efforts towards the
stabilization of commodity prices and the increase of financial
assistance on more concessional terms.
He said the least developed countries continued to face serious
structural imbalances and handicaps which required urgent special
and preferential measures in favour of that group. He expressed
deep concern at the slow and inadequate implementation of the
substantial New Programnme of Action for the l980s. The Sudan
attached great importance to preparations for the Second United
Nations Conference on Least Developed Countries, to be held in
Paris in September 1990. International economic co-operation
for development could best be achieved by activating the
North-South dialogue. That was a moral as well as a political
imperative.
KATSUMI SEZAKI (Japan) said his Government continually expanded
its official development assistance (ODA). It was making every
effort to achieve its fourth medium-term ODA target, which
called for disbursement of at least $50 billion from 1988 to
1992, more than double the amount for the previous five years.
The total amount of ODA in 1988 was $9.1 billion. By 1987,
Japan had become the largest donor country for the 29 developing
countries in Asia, Africa and Latin America. Since sustained
development required adequate overall resource flows, in
addition to ODA, Japan was recycling more than $30 billion
during the three-year period beginning in 1987. In view of the
continued stagnation of resource flows, his Government decided
last July to expand the scheme, recycling more than $65 billion
from 1987 to 1992.
Japan actively supported the strengthened debt strategy with its
emphasis on market-oriented debt and debt-service reduction, he
went on. In addition to its recycling programme, his Government
was prepared to provide, under the expanded programme, more than
$10 billion in untied funds, including parallel lending by the
Export-Import Bank of Japan and IMF. For the least developed
countries in sub-Saharan Africa and elsewhere, Japan had provided
$500 million in non-grant assistance since 1987 and had decided
to expand it to some $600 million beginning in 1990. Steps had
also been taken to provide debt-relief grant assistance to least
developed countries by "virtually writing off" ODA loans
amounting to approximately $5.5 billion.
He said global environmental protection should ensure stable
--- CM v4.70
* Origin: UNITEX --> Toward a United Species (1:107/501)
--- UFGATE (maillist 1.0.12)
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From: unitex@rubbs.fidonet.org (unitex)
Subject: <2/4> UN SECOND COMMITTEE HEARS 10 MORE SPEAKERS
To: cwelch@newport.rutgers.edu
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Fido-From : James Waldron
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If the economic divisions of the world were to be overcome, he
continued, the concept of undivided development should be
implemented. The removal of ideological confrontation from
inter-State relations was gradually narrowing differences in the
area of economic co-operation. The resolution of problems
separating countries with different levels of development must be
dealt with urgently. Concerted approaches must be worked out
with a view to restoring order in international co-operation
efforts. The 1990 special Assembly session should define a new
mandate for international economic co-operation. The
international community should try to generate resources for
continued development of the seriously indebted countries,
including the middle-income ones.
Without debt reduction and real restructuring, national economic
policies and austerity measures would remain only "paper
measures", he said. Poland was in the midst of radical economic
changes to keep step with the political transformation already
accomplished. Emergency measures were being imposed to break
the economy's inertia. A wide-ranging plan, which envisaged
stabilization, liberalization and partial privatization of the
economy, was being worked out in co-operation with the
International Monetary Fund (IMF) and the World Bank. The plan
would require sacrifice and co-operation by the Polish people,
determination by the Government and assistance from the
international community, including credits, grants, debt relief
and unrestricted access to foreign markets. The Polish case was
a good example of what might be done in practical terms to bring
East and West together.
ABDELRAHMAN ELHAQ MUKHTAR (Sudan) said the overall picture was
one of worsening economic conditions, deteriorating social
services and eroding political stability. "In what is now known
as the 'Lost Development Decade', the economies of developing
countries were mired in sluggish growth,
stagnation and even economic regression", he said. That
situation was particularly disturbing in Africa, where the
countries were now embarking on an African alternative framework
for structural adjustment to boost their efforts towards growth
and development. However, for those adjustment efforts to
succeed, there must be adequate international support.
He appreciated the initiatives of some countries of the North to
reduce the debt burden of developing countries, particularly the
initiative of President FranUois Mitterrand of France. Those
initiatives, however, failed to address the root causes of the
crisis. Developing countries needed additional resources to
stimulate growth and development, and hence support their
efforts to reduce the cumulative debt burden. He hoped the
international community would make efforts towards the
stabilization of commodity prices and the increase of financial
assistance on more concessional terms.
He said the least developed countries continued to face serious
structural imbalances and handicaps which required urgent special
and preferential measures in favour of that group. He expressed
deep concern at the slow and inadequate implementation of the
substantial New Programnme of Action for the l980s. The Sudan
attached great importance to preparations for the Second United
Nations Conference on Least Developed Countries, to be held in
Paris in September 1990. International economic co-operation
for development could best be achieved by activating the
North-South dialogue. That was a moral as well as a political
imperative.
KATSUMI SEZAKI (Japan) said his Government continually expanded
its official development assistance (ODA). It was making every
effort to achieve its fourth medium-term ODA target, which
called for disbursement of at least $50 billion from 1988 to
1992, more than double the amount for the previous five years.
The total amount of ODA in 1988 was $9.1 billion. By 1987,
Japan had become the largest donor country for the 29 developing
countries in Asia, Africa and Latin America. Since sustained
development required adequate overall resource flows, in
addition to ODA, Japan was recycling more than $30 billion
during the three-year period beginning in 1987. In view of the
continued stagnation of resource flows, his Government decided
last July to expand the scheme, recycling more than $65 billion
from 1987 to 1992.
Japan actively supported the strengthened debt strategy with its
emphasis on market-oriented debt and debt-service reduction, he
went on. In addition to its recycling programme, his Government
was prepared to provide, under the expanded programme, more than
$10 billion in untied funds, including parallel lending by the
Export-Import Bank of Japan and IMF. For the least developed
countries in sub-Saharan Africa and elsewhere, Japan had provided
$500 million in non-grant assistance since 1987 and had decided
to expand it to some $600 million beginning in 1990. Steps had
also been taken to provide debt-relief grant assistance to least
developed countries by "virtually writing off" ODA loans
amounting to approximately $5.5 billion.
He said global environmental protection should ensure stable
* Origin: UNITEX --> Toward a United Species (1:107/501)
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