UN General Assembly
1974

233. These developments are upsetting the political and social equilibrium of all countries and damaging their prospects of development. Furthermore, this could mean that, if everyone tries individually to limit the consequences of this situation or to escape them, we would all find ourselves exposed to a danger that might perhaps be even more serious: the danger that, as in the 1930s, international co-operation may give way to narrow self-interest and bring about a reduction in world trade which would be harmful to all countries without distinction. 234. To counter such a serious threat we must rely on the awareness we have today of the ties of interdependence which link the different economic systems. That interdependence, we must not forget, implies also a joint responsibility in the decisions we must take, either collectively or within the framework of our respective national policies, in order to ■ build a world-wide commercial and monetary order which will enable us, on a more stable and above all a more just basis, to go forward together along the path of development.