forint.rnationa1 economio co-operation inordertocr.atea'upportive international .conomio .nvironment for.u.tained 9rowthanddev.lopment world wide, "Affirmipg then.edforin-depth dhoullion intheappropriate int.rnationa1 in.titution. ofallque.tion. relat~n9 totheco-ordination of macro-economic po1icie., I1Onede1.9ation .ub.equent1y indicated that,haditbeenpre.ent durin9 thevotin9,itwouldhavevot.dinfavourofthedraftrc.o1ution. .AIInacoordance withru1.72oftherule.ofprocedure oftheEconomic and SocialCouncU. -21-"B.aring inmindtheco-ord1Dating fW1ction. oftheEconomic and80chl Council inrelation toalltb.organ., organisation. andbodi••ofthe Unit.dNation••y.t.m,inaccordanc. withArticl••&2and&3oftheCharter of theUnit.dNation., "1.Stron;l,)' dllll.,.r.aa tb.recenttrendtoward.unilateral actionin worldecoDomic affairs "2.EKpr..... it.dllllconcernattheincrealing recoune to di.criminatory practic••andm.a.ur••thatgrav.ly und.rmin. the.piritofthe multilat.ral trading.y.t.m, theprincipl••oftheG.n.ral Agre.m.nt on Tariff. andTrad.,inparticular theprinciple ofnon-di.crimination, andthe obj.ctiv.s oftheUruguay roundofmultilat.ral traden.gotiation., "3.Al.o.Kpr.....it,d'IPconcernatthep.nlltenc. of.tructural imbalanc••intheworld.conomy, whichhavel.dtovolatile .xch.nge rate., continuing highinter••trate.,inflationary pr•••ur••andanunpr.c.d.nted incr••••in.peculativ., nOn-productiv. inv••tm.nt, "4.BlgYI.t. theSecr.tary-G.n.ral topr.pare acompreh.nsive r.porton waysandm.an.of.tr.ngth.ning therolloftheUnitedNation. sy.temin d.aling withint.rnational .conomic r.lation., takingintoaccount thevi.w• ••pr••••dbyd.l.gation. onthecbang••andimbalanc••intheworld.conomy andth.irimpactonint.rnational .conomic co-operation, andto.ubmitthe r.porttothePr.paratory Committ••forthe.p.cial••••ionofthe G.n.ral A••emblyd.vot.d toint.rnational economic co-op.ration, inparticular tother.vit.li.ation of.conomic growthanddev.lopm.nt ofdeveloping countri••, "5.D.cid., toinclud. init.programme ofworkfor1990anitem .ntitled 'Str.ngthening multilateral co-op.ration inint.rnational .conomic relation. ' •" 59.Atthe37thm••ting,on28July,theVic.-Pre.ident ofth.Council, Mr.FelipeHectorPaolillo (Uruguay) introduced adraftre.olution (E/1989/L.44) .ntitl.d "Str.ngth.ning ofmultilat.rel co-op.ration inint.rnational .conomic affair.", submitt.d ontheba.i.oftheinformal con.ultation. h.ldondraft r••olution E/1989/L.30. &0.Atthesam.m.eting, theCouncil adopt.ddr.ftresolution E/1989/L.44. For thefinalt.xt,•••council r.solution 1989/111. &1.Intbelightoftheadoption ofdraftr••olution E/1989/L.44, draftr••olution E/1989/L.30 waswithdrawn. BollofthlUnitldN'tion. inthllarlyid.ntification, ,n'ly.i. 'ndmonitorin; of world.coromic dlyqlopmlnt, &2.Atthe32n4m••ting,on17July,ther.pr.s.ntativ. oftheUnionofSovi.t Socialist Republics introduced adraft resol~tion (E/1989/L.3l) entitl.d "United Nations roleinearlyidentification, analysi. a~wmonitoring ofworld.conomic developm.nts", whichr.adasfollow81 -22-"Th.Economic andSocialCouncil, "R'calling itsr.solution lll88/75 of29July1988, "Emphalidng thecommoninterest instrengthening international co-operatian andtheroleoftheUnitedNations intheeconomic fieldforthe purpo.e ofen.uring amorebalanced andsustained growthanddevelopment of theworld ~conomy, "Acknowledging theimportance ofshort-term andlong-term forecasting of dominant tr.ndsinworld.ocio-economic development, "~l.d;inq allothat.arlyidentification ofmacro-economic di.turbance. i.animportant el.ment inaverting potential crisesatboththe national andinternational levels, "RecogniliD; that.achcountry must.beabletoobtaintimelyinformation onthed.v.lopment ofworld.ocio-economic trend.andproc••••saffecting it. national well-being, "~thatalthough SUddenshocksoccurt"hichhavewOl'1d-wide repercus.ions, theinternational system's cupacity ferearlyidentification of suchpotential trouble spotsisfairlyunfocused, "1.IU.;h;L¥commend. theSecro:ltary-G.n.ral's surv.yofm.chanisms and meanscurr.ntly available withintheUnit.dNations .yst.mforearly identification, monitoring andanalysis ofworld.conomic d.v.lopments, 1/ "2.Acknowledge. thatintheearlyid.ntification ofem.rging problems theUnitedNations syst.mshouldaimatint.grating theanalytical and forecasting activities oftheUnitedNations syst.m, andshouldl "(a)Strengthen information linksbetweenalltheorganisations ofthe Unit.dNations syst.m, "(b)Improveits.xisting m.chanisms andm.an.ofmonitoring global socio··t1conomic trend.andconsider establi.hing infutureacompr.h.nsiv. data
**Analysis**
The text appears to be discussing international economic cooperation and coordination, highlighting the importance of multilateralism, economic growth, and development. It mentions the Economic and Social Council, the General Assembly, and the Secretary-General, indicating a focus on international organizations and their roles in promoting economic cooperation.

**Category**
Economic development, International trade