UN General Assembly
1983

13. Existing international institutions and those who have headed them have done valuable work, but these bodies are not wholly representative, nor do they reflect the changes that have occurred in the international economy. No country or set of countries is without dilemmas. The affluent ones which follow market economies have problems of production, unemployment and currency instability. Industrialized countries with planned economies, which do not formally belong to the international monetary system but participate in the global activities of commerce and technological exchange, also face problems of production and renovation. We the developing are caught between the inadequacies of internal and external resources. All these are parts of one global crisis. There is no way out except through dialogue among us all. Each country, however powerful, has more to gain by accommodation and co-operation than by withdrawal into individual isolation or adoption of policies to maintain the solidarity of the strong. That is why we advocate a new international economic order based on equality and justice. Unfortunately, over the past three years the procedural hurdles to the launching of global negotiations have not been overcome.