UN General Assembly
1968

48. It is easy to understand why the developing countries had such high hopes of the United Nations Development Decade and the United Nations Conference on Trade and Development. It has already been sufficiently stressed that the results have not come up to our expectations. But it is very disturbing for the two thirds of the world’s population who live in countries where per capita output is still below $100. For stability and equilibrium are not affected so much by political tensions, the periodic emergence of danger spots and outbreaks of violence as by the difficult conditions of life in the developing countries.