UN General Assembly
1983

These Interests we all have in common, all of us. But at present It is not clear whether, In the face of the current world economic crisis, the rich nations still understand that they are unavoidably linked with the poor. For we hear of economic projections and of action programmes which talk as if recovery from the present recession must start among the rich, internally and amongst themselves. The poor nations, it is said, will then be "pulled up" by—and after—the rich, when these have overcome their own problems of unemployment, low demand and low production. In the meantime, It is suggested that the transfer of resources from the poor must be reduced in real terms and that any sizeable increase in international liquidity must be rejected for fear of its possible inflationary effects upon the rich countries