UN General Assembly
1952

107. We shall now add two new considerations of no less importance, which are the natural sequel to what I have just set forth. The first is that it is by a bold and sweeping programme of economic development that we can best ensure that the great world revolution of which I have spoken is directed towards the goal of international co-operation and solidarity, for the benefit of all and for the prevention of social struggles and international conflicts. The second is that the under-developed countries are today conscious of the fact that their natural wealth is just as vital to the industrial countries as are the equipment, machinery, technical knowledge and capital of the latter countries to themselves. They are aware of their strength and consequently of the fact that they can negotiate on an equal footing with the industrial countries and demand that the economic problem which faces the world, the problem of expansion, production, conservation, transformation and distribution of wealth, shall be solved for the benefit of all, as an undertaking of common concern, by the co-ordination of all the available resources.