UN General Assembly
1982

declining, and the growth in World Bank lending, including from the International Development Association, is already projected at much lower levels than in the past." This prognosis is gloomy for the developing countries. However, because the economies of the world are interdependent, it is also gloomy for the rich industrialized world. Of sheer necessity the weak must and will, through trade, directly promote the economic well-being of the rich. The rich should therefore continue to be generous in their aid to the poor, for a better world, such help is a necessary priority. As we all now stand watching a world writhing in financial and economic agony, we should not allow our national concerns to override all other interests and so shelve the need to renew the North-South dialogue in an effort to deepen our understanding of the institutional mechanism required to promote the introduction of a new economic order. There can be no doubt that there is a need for the restructuring of the world's economies. Neither the old nor the new economic theories