UN General Assembly
1954

8. It cannot be too often emphasized that the welfare of all is, like peace, indivisible, for any international structure based on the radical difference between the standard of living of the developed countries and that of the under-developed countries will always be vulnerable. The economic needs of the under-developed countries have been clearly stated, both in the United Nations and its specialized agencies and at various regional meetings. The under-developed countries need stable and fair prices for their exports, a sure market without the disturbing shadow of possible restrictions, and international financial and technical co-operation. During this session, the Assembly should give prior consideration to the problems connected with the public and private financing of economic development. My delegation’s attitude towards these problems has already been stated.