UN General Assembly
1971

67. Time, therefore, is not on the side of the third world. That is why it is vital for the small nations of the third world to approach the problems of economic development with a new sense of realism and with the utmost urgency. Past policies in regard to economic development must be abandoned simply because they have clearly failed to provide results after a period of 25 years. 68. So, for a start, we should develop an obsession about economic development. True, there is more to life than economic development. But the time to think of these higher and nobler aspects of existence is when elementary decencies of life have been assured to a majority of the peoples of the third world. Only then can we think of the more spiritual aspects of our lives. True, man does not live by bread alone, but without it he does not live at all. So an obsession with economic development is necessary for our survival as small nations.