UN General Assembly
1963

112. To an under-developed country like Nepal, economic disparities rather than ideological differences constitute the challenge of the modern age. The problems we are facing are the problems of absorbing modern science and technology in our under-developed agricultural economy. In our opinion, therefore, whatever social system helps a country to absorb modern science and technology is likely to be stable for that country. The United States, Japan and the advanced countries of the West have absorbed modern science and technology in their economy under a capitalist democratic system; and so far as those countries are concerned, their system has met the challenge of the age and has become stable. The Soviet Union and other socialist countries have absorbed modern science and technology under a socialist system; and so far as they are concerned, their system has also achieved stability. On the other hand, the differences between the two advanced groups of capitalist and socialist countries are losing their sharp edges and the differences between the advanced and less advanced countries even within the same system, whether capitalistic of socialistic, are growing. We notice that tensions are increasing between the "haves" and the "have nots" within the same system.