UN General Assembly
1975

141. Thus, new prospects are now opening up before mankind of banishing confrontations from the international scene and devoting ourselves to broader cooperation in all fields of economic and social activity. This is the only way to achieve progressive elimination of the injustices and the inequalities which have hitherto hampered the advent of an equitable economic order that would guarantee peoples throughout the world an era of progress, peace and prosperity. 142. This special session has thus made it possible to presage the advent of a new international economic order by means of the collective definition of specific steps all aimed at bringing about an economic institutional restructuring of international life, in order to ensure stable and equitable incomes for the developing countries, to safeguard and improve the terms of trade, to stimulate the transfer of science and technology, to stem inflation, and to inject a new morality into the international monetary system.