believe that the 1990s can be years of growth for all? I believe so. I shall not list them all. I should like to draw the attention of members to four of them. Perhaps we are not fully aware of their scope. First, clearly, there are the present developments in Eastern Europe. It is indeed true that while hailing the new turn of events, many of the developing countries are wondering whether, for them, there is not inherent in it a threat of finding themselves dangerously shunted aside. I would say that the result will be quite the opposite. By providing us with the opportunity to support the opening up and modernization of their economies, the countries of Eastern Europe are in fact providing us with a unique opportunity for assisting them in a particularly substantive manner for the prosperity of all. Therefore, I need not emphasize the eagemess with which the IMF has embarked on fulfilling that task. Members are aware of the magnitude of our programmes at the present time in Poland, Hungary and Yugoslavia, and the positive developments in the steps taken by Czechoslovakia and Bulgaria to join the programmes. A second positive element of the 1990s is a relaxation of international tension and, as a result, a reduction in military expenditures, expenditures which were a source of considerable waste in the developing countries and elsewhere. This opens realistic prospects for economic progress, so long as the due priority is given to this redeployment or reduction of public expenditures. BHS/bg A/S-18/PV.9 72 (Mr. Camdessus, IMF ) The third positive element is one that I would call the silent revolution in economic thought. Here I am referring to the ever broader consensus which is emerging in the world on the nature of a reasonable economic strategy and the fact 
**Analysis**
The text discusses the potential for growth in the 1990s, highlighting several positive developments that could contribute to economic progress. It mentions the opening up of Eastern European economies, a reduction in military expenditures, and a shift in economic thought. These themes suggest that the text is primarily focused on economic development and international cooperation.

**Category**
Economic development, International trade