as a dangerous combination of economic stagnation and hyper-inflation. But it must be repeated that those efforts alone will not be sufficient if the international corranunity does not become involved seriously in finding a solution to the macroeconomic problems I have referred to. This is the only way to ensure the success of our internal efforts. Without such a cx:unmitment, any effort through national policies will be useless, whatever structural adjustments we may have made in our economies. So far I have briefly described the main characteristics of the international economic situation during the 1980s and the IMjor problems we shall confront in the 1990s. In that sense, I must express deep concern about an adverse reality of today and concern for a still uncertain future, as regards our desire to ensure development in the last years of this century. Nevertheless, we are hopeful. Our hope is based on the trust we have placed, in an increasingly integrated world, on international economic co-operation and multilateral relations for the solution of our problems. I. I' t I,,· '! I' JSM/jg A/S-18/PV~2 136 (Mr. Cavallo, Argentina) In fact, it is impossible to solve existing financial problems without international co-operation. The policies that are being discussed in the framework of the Group of 7 have a direct impact on the stability of the developing countries. Let us hope that the countries of the Group of 7, when they co-ordinate their policies, will also bear in mind their impact on the developing countries. The question is not that the more developed economies should give up the idea of resolvin:J their own problems, but rather that they should consider alternatives which may, in addition, benefit the developing countries. For instance, when the Group of 7 assessed the best way of adjustinq the great trade deficit of the United 
**Analysis**
The text discusses the international economic situation, highlighting the challenges of economic stagnation and hyper-inflation, and the need for international cooperation to address these issues. The speaker emphasizes the importance of considering the impact of developed economies' policies on developing countries. The text does not mention specific sectors such as agriculture, forestry, or fishing, nor does it discuss natural resources, health, education, employment, humanitarian aid, culture, or science and technology. It seems to focus on macroeconomic issues, international trade, and economic development.

**Category**
Economic development, International trade