UN General Assembly
2000

However, the process of globalization is not a sufficient answer to the quest of the developing countries to reach progress and development for better living conditions of their people. It is clear that the impact of globalization benefits, primarily, States having strong economies and advanced technology, while leaving the least developed countries with little, if any, means to cope with such reality. The developing countries, especially the least developed countries, that cannot catch up with globalization's speed will be left behind. The rich countries will get richer and more developed, and the poor countries will get poorer and poorer. Therefore, the Royal Government of Cambodia calls all Member States of the United Nations to unite their efforts and resources to make sure that the benefits of globalization are expanded more equally among the international community and to maximize the positive impact of this phenomenon in order to enable the least developed countries to follow the trend of globalization. Another aspect of finance for development is the crushing burden of debt that weighs on the developing