UN General Assembly
1990

But the efforts of one country would be sterile if the world economic contest were to remain unfavourable. The General Assembly recognised the impact of external factors on the developing efforts of each individual country when it stated that the international community is responsible for supporting the efforts of developing countries towards the solution of their economic and social problems by creating a favourable international environment. Undoubtedly, no economic environment is favourable when the participation of developing countries in world trade is hindered by subsidies, restrictions and protectionism, when a large number of Latin American and African countries face an overwhelming foreign debt, when foreign investment has retreated and when the fluctuating, and usually decreasing, price of commodities is unpredictable. Perhaps the clearest example of the contradictious in today's international panorama is the massive transfer of resources from the countries that most need capital towards the industrialised countries. This fact stifles all possibilities of growth.