UN General Assembly
1962

160. The importance of disarmament for the achievement of universal and lasting peace is reinforced by the enormous benefits in terms of economic and social progress that all mankind will enjoy from its achievement. The findings stated in the United Nations document on the economic consequences of disarmament, as well as other objective studies on the subject, are impressive evidence of the size of the resources that can be readily converted from military to civilian use and devoted to the provision of aid to the developing countries, for the eradication of hunger, disease, illiteracy and poverty.