UN General Assembly
1970

195. The General Assembly will soon be called upon to adopt an international development strategy for the Second United Nations Development Decade [A 17982, para. 16] which analyses the problem of development and proposes definite measures of policy. The draft international development strategy acknowledges that the primary responsibility for development rests with the developing countries, but also recognizes the need for assistance from the developed countries in the form of an increased flow of financial resources to the developing countries and the adoption by the developed countries of more favorable economic and commercial policies towards the developing countries. The best informed opinion has found that although the total volume of the net flow of financial resources from the developed to the developing countries increased in 1968 over the previous year, it represented a smaller percentage of the gross national product of the developed market economies than in 1967 and that the share of the developing countries in the world export market was declining, a sign of the widening gap between the developed and the developing sections of the world. The international development strategy, if it is to be successful, requires a firm commitment on the part of each economically advanced country to adhere to the quantitative and temporal targets that are proposed for the net transfer of financial resources to the developing countries. It is not necessary here to go into the details of these targets,