UN General Assembly
1959

34. The problem facing us in this field is urgent. Of the eighty-two States Members of the United Nations, no less than sixty have an average income of $120 per person, as contrasted with an average income in the more advanced countries of about $800 per person. The dangers inherent in this disparity, which is not only great but growing, have been seen by many leading statesmen, who consider the potentialities of this situation to be far more explosive than those of the cold war itself. No solution of this situation can be visualized until the flow of international investment for capital formation in the under-developed countries is substantially increased.