UN General Assembly
1969

meet present requirements and to enable the United Nations and its specialized agencies to have a prompt, effective and flexible response to the needs of Member States. Should the total resources of the international system be mobilized, break-throughs in priority areas could be achieved. This strongly suggests the establishment of a unified budget for the system or at least a centrally determined level of expenditure for the system in accordance with medium-term plans. 83. We also again urge a shifting of manpower and financial resources from elaborate headquarters activities to field work. Substantive activities could be made more directly relevant to the needs of developing countries. Thus, for example, the establishment of an international investment promotion institute actively seeking sources of private investment for Member States would have a practical value superior to that of dozens of theoretical studies on ways of making such private investment flow to those States. 84. The fragmentation of competence with regard to several major problems between the United Nations and many specialized agencies is a serious difficulty. It is