UN General Assembly
1986

Africa's plans for recovery and development, and indeed the development plans of all the developing countries, depend ultimately for their success on the reform of the imbalances in the world economic system and the creation of a world economic climate FavorFable to development. The debt burdens imposed by imported inflation are without doubt the most crippling of the many constraints which impede the development process. The call of the Organization of African Unity for an international conference on Africa's external indebtedness underlines the disastrous proportions of this problem. Clearly the gains of the thirteenth special session will be nullified unless creative solutions to the debt problem can be formulated.