UN General Assembly
1982

best solution for reflation without inflation. The unsatisfied and growing demands of the consumer market and the unsatisfied and growing capabilities of the work forces of a growing number of developing countries need only the catalyst of expanded credit resources to fuel an expansion of trade through export led growth. Jamaica commends for the consideration of the Assembly the essential features of our Prime Minister's presentation on this subject at the joint World Bank and International Monetary Fund meeting in Toronto in September. There Jamaica emphasized the urgency of introducing emergency measures which would be immediately implemented to assist those member countries which are on the brink of collapse and reinvigorate international trade and investment. Jamaica considers that the Fund's Eighth general Review of Quotas provides a good opportunity to create credit as a means of trade expansion. Accordingly we support the early conclusion of the review of quotas in 1983 as called for by both the Intergovernmental Group of 24 on International Monetary Affairs and the Interim Committee of the Board