Various forms of protectionism are being introduced into the markets of the rich countries of the North, while liberalism is being demanded of the developing countries. There is increased integration of the economies of the industrialized countries, while each day we witness an ever-greater marginalization of the eonomies of the poor countries. The industrialized countries are strengthening their independence of primary commodities, thanks to the development of micro-electronics and to robotization, which diminishes the impartance of production factors. But the developing countries are enduring the repercussions of this situation, and their already-fragile economic position is becoming even weaker. Furthermore, the virtual disappearance of the distance factor in economic relations between countries as a result of the qualitative and quantitative proqress in the development of transport, telecommunications and means of information, has made the offensive strategy of the industrialized enterprises and transnational companies even more aggressive, ensuring them a dominant pasition in virtually all sectors of economic activi tv, including agriculture and food. Thus, the poor countries are helplessly witnessing the flight of caPital towards the industrial poles controlled by these transnational companies, despite all the measures they have had to take with a view to liberalizing and guaranteeing investments. The classical notions of relative advantage and international division of labour have lost almost all their meaning. How can we get out of this situation? What must we do to get out of it? Those are the fundamental questions that prompted the convening of the present eighteenth special session of the General Assembly on international economic co-operation. The fact that the international community as a whole is aware of the changes and transformations under way and of their severe effects on the poor BCT/qa A/S-18/PV.S 122 (Mr. Monqbe, Benin) countries is positive and salutary and reflects the great importance of the special 
**Analysis**
The text discusses the challenges faced by developing countries in the global economy, particularly in terms of protectionism, economic marginalization, and the dominance of transnational companies. It highlights the need for international cooperation to address these issues and promote economic development. The text does not focus on specific sectors like agriculture, forestry, or fishing, nor does it address issues like health, education, or humanitarian aid.

**Category**
International trade, Economic development