UN General Assembly
1965

"The solution of the debt problem is at least in part within J he powers and the means of the developed countries. They have already demonstrated their willingness by the creation of the International Development Associate — a major international initiative for transferring capital to the poor countries on concessionary terms." 73. This is a welcome trend in the right direction. The urgency of the problems of development cannot be overemphasized. Mr. Woods sounded the clarion call by saying: "... development should be waged as a war, a war against intolerable living conditions that must be carried on with a determination to overcome all obstacles." We have a war before us. Let us all combine forces to fight it relentlessly.