UN General Assembly
1981

216. Day after day we see the gap widening between the developed and the developing countries, and it is the present world economic system which causes this. It has an adverse effect oh the developing countries and on their growth rates. We need a new international economic order that will guarantee justice to the developing countries, so that they may be masters of their own wealth and avoid becoming victims of unemployment and inflation originating from the advanced countries. It is essential now to work fQr real progress so as to ensure the establishment of a new international economic order on a democratic basis that will allow the developing countries to promote their own potential, to raise their standard of living and to put ail end to their balance of payments problems. These problems are caused by the fact that the cost of the industrialized products bears no relation to the prices of primary commodities.