UN General Assembly
1999

that the process of globalization has also been accompanied by growing inequality within and among countries. We have also seen how movements of short-term capital have produced disastrous economic consequences in some countries. As with the challenges of peace and democracy, it is our firm belief that sufficient resources exist within the world economy actually to address the social progress and the better life for all for which the Universal Declaration of Human Rights calls. Further to this, science and technology continue to develop in such a way that it is difficult to believe that, taken together with the large concentrations of capital that characterize the world economy, the means do not exist within human society to make the required impact on poverty, ignorance and disease. Indeed, it can be argued quite rationally that international peace, democracy and prosperity are a necessary condition for the further rapid growth of the world economy, and with it the further expansion of the corporations, both small and big, which require global markets. Similarly, the revolution in information and