UN General Assembly
1967

139. A further crippling problem lies in the hard fact that the goods which developing countries wish to import are largely consumer manufactures and capital goods to develop the industrial sectors. In contrast to the trends towards lower world prices for unprocessed primary products, which are usually the products of developing countries, world prices of manufactured goods and capital equipment have been rising. The developing countries, faced with falling export receipts because of the decline in the price of their products, and a rising import bill, due to the rise in the price of manufactured products, have little to spare to provide capital for their economic development, particularly for infrastructure efforts, such as education and communications.