UN General Assembly
1966

103. The first six years of the tinted Nations Development Decade have been disappointing. The rate of growth still falls short of the 5 per cent envisaged in the resolution adopted by the Genera: Assembly m 1901. The General Assembly and, under its authority, the Economic and Social Council, are required to take vigorous action to reverse this trend during the remaining years of the Decade. This can be achieved only if there is a great* willingness on the part of the developed countries to bring their trade and economic policies into closer harmony with the objectives of the Decade. The developing countries, in their turn, must exert greater efforts and adopt sounder and more progressive economic and financial policies and planning to help them traverse the long and difficult road that lies ahead.