UN General Assembly
1972

25. I am stressing the political and security field inasmuch as in the economic and social spheres the performance of the United Nations is less discouraging. Economic cooperation and assistance, as we understand them today and as we intend to develop them further, are products of the consciousness which was born and raised in this very hall and which has in fact enlarged the scope of Chapter IX of the Charter and converted into reality many ideas originally expressed as timid aspirations. I emphasize this fact because the General Assembly christened and sponsored many initiatives which were later shaped in other organisms of our system because the Economic and Social Council did not bestir itself in time to deal with the multifarious problems of economic development and did not exercise its responsibilities in the area of policy-making and co-ordination.