UN General Assembly
1980

85. This situation has an adverse effect on countries which, like mine, face the typical problems of a small market economy. After many years of trying a development system based on a domestic market, which proved inadequate because it did not permit an optimum allocation of resources, we decided to base our development process on open economy principles as part of a more dynamic and competitive market, the international market. 86. Another point we wish to make relates to development of food and agricultural production. Consideration of this question cannot be separated from that of trade, in view of the detrimental effects of protectionist barriers on efficient food production in the developing countries. The world situation, in this respect, is frankly alarming; hence we endorse all measures that the international community may adopt in favour of a new world food order, which, in our view, is a precondition for any new international economic order.