andwordsmaynothsveconquered selfishness, we,thepooroftheworld,havenotequality. ThatrightofvetoisablotuponourOrganization becauseitisan ofthisOrganization. NoPower,however muchitmaycontribute financially, can demandaweighted andcontribution-linked voteinwhicheachnationisvaluedon alessbureaucratic one,butanorganization prouderofitsmoraldignity. Inthis connection wewouldpropose thattheeconomic contribution ofallcountries bethe require themortgaging ofourdestiny.same,because highercontributions bytherichest mustberejected iftheyinturn functionaries thatitmayhavethroughout theworld)thestrength oftheUnitedMLG/at A/40/PV ..S 1 (President Garclap'rez) IOspeakonbehalfofanationthatisstruggling, anationthatdoesnotgive up.Ihavenotcomeheretorepeatwhathasbeensaidalready oftheworldorder andwhatallofusmustdointhefuturetochangeit,Ihavecometostatewhatwe aredoingatpresent, andthemessage thatIbringtoyouisamessage of determination. w~believe inthesolidarity ofcountries andintheircommon futur(.!, buttodayweaffirmthatactionisthedutyofallcountries. Thatiswhat weareproposing inrespect ofeachofthesubjects onwhichIshouldliketodwell atthistime:thedebtproblem, humanrights, drugtrafficking anddisarmament. Inconnection withalltheseissues, wehavebutonemessage: wehavethe willtoacthereandnow. Manybelieve thatPeruisacountry ofdrugs,deatl1andviolation ofhuman rights. Ihavecomeheretosaythatthereisnuch mo~etothetruth. Wearea partoftheimpoverished peoples ofth~earth,apartofLatinAmerica, andour problems haveasarootcauseourlinkwiththeinternational econany. Forlackof anational programme ofaction, ourcountry hasbeenattheservice ofexternal interests andeachoftheeconomic cyclesofthiscentury hasstemmed fromchanges intheinternational system. Peruwasatthebeginning ofthiscentury acountry thatwasprimarily an exporter ofrawmaterials atatimewhenthesewererequired bytheinternational economy. AtthattimetheAndesregionanditspeasant population werekeptunder thelandowner system. AttheendofthesecondWorld W~r,Perubeganitsprocess ofindustrialization, butthiswastheresultoftheexpansion ofworldindustry, whosetransnational corporations soldtheirmachinery andestablished their branchesinthecapitalofmycountry. Furthermore, whenforeign foodstuffs wereintroduced inconsumer markets the poverty ofthepeasants worsened, causing agreister exodustowards thecities.will. oflife,butratheraninternational commitment toaction.acountry thathasmadedemocracy effective byasserting itswill.Perudoesnot(President Gare!aPerez)A/40/PV.5 8MLG/at theirdebts,wewereforcedtoopenupourborders anddestroy ourindustries in ThatiswhywearemembersoftheMovement ofNon-Aligned Countries andwhyweinregional development reflects thegapbetween theadministrative industrial bloc Thisisthetragicsituation whichmycountryisnowconfronting, butPeruispooriswidening. Ourpercapitaproduction hasgonebacktolevelscomparable to Weknowthattocarryoutademocratic revolution wemustbeanti-imperialistAsaresultofallthis,agravecrisisisshaking mycountry. Thedisparity inflation increases wheninterest ratesgoupinordertocompensate forpreviousthoseof20yearsagoandinflation andunemployment areontheincrease.ever-increasing ratesofinterest~ devaluations. PeruhRSdecided tomanageitsowneconomy andnotbemanaged byit,doesnotwanttoremainwithinthisviciouscircle, devaluing itscurrency becausewanttobeashipadriftatthemercyofshiftsintheinternational economy. Peru ofallpeoples onearth.andthemarginal peasant andurban s~tor. Z?~rthermore, thegapbetween richaN:l asserttheunityofLatinAmerica; thatiswhyweseektostrengthen theAndeanordertobuyfromworldindustry, andalsotorecycle ourd~bts,with andfightagainst hegemonism. Weknowthattransformation isnotanational factandthatiswhydemocracy inmycountryistheconcrete expression ofournationalInthisframework, the~orldorisismeantthat n~wadjustments wereneededin Peru. Whentherichest cauntrlesiUOvt:dtowards protectionism andstrovetocollect Pactandthatiswhyweshallparticipate inallfcrumsthataffirmthesolidarity------ ------~-------------_ .._-_._-- MLG/at A/40/PV.5. 9 (President GarciaP6rez) Inthefaceoftoday'scrisiswecannotwait;wemustact.Wecannotgoon talking andwritingletters thatthewealthyoftheearthrefusetoread.Our peoplecannotawaitactionbytheirresolute. supranational organizations cannot becomeaninpediment tothewillofourpeople. ThatiswhyIhavecomebefore thisAssembly tosetforthwhatweinPeruaredoingtoensuretheestablishment of anationalist, democratic Government ofthepeople. Weaffirmasnationalism therightofourpeopletoautonomous existence, the righttowork,andtodefendourindustry fromtheliberal opening upthatin recentyearshasoverwhelmed it.Weaffirmasnationalism therecovery ofour natural wealth. Hereonefundamental issuearises: theforeign de~t,asamajorhindrance to thedevelopment andwell-being ofourpeoples. Theforeign debtexpresses a relationship between therichandthepooroftheearth;itsrootcauseisthe imbalance ofthepricesofrawmaterials andmanUfacturing andindustrial resources. Throughout thecenolries thecountries thataretodayunderdeveloped have financed themercantile andindustrial economics ofthosethatarenowwealthy countries, andinthelastfewyearswehavefallenintodebtinordertofinance a modelofindustrialization andconsumption imported fromabroad. Asaresult, the debthasbecomeacauseofconflict between thepoorSouth,ofwhichourAmerican
**Analysis**
The text appears to be a speech or statement by the President of Peru, addressing the United Nations General Assembly. The main themes discussed are economic development, foreign debt, and the need for autonomy and self-determination for developing countries. The text also touches on issues related to globalization, imperialism, and the need for international cooperation.

**Category**
Economic development, International trade