economic Problems facinq the world todav. The debt problem comes at the toP of the 1 ist. Serious consideration should be qiven to the prices of the primary comnodi ties produced bv the developinq countries. Those Prices should keep oace with the risinq cost to the develoPinq world of manufactured qoods produced by the industrialized countries. Resolvinq those problems requires mutual sacrifices, not the imPOsition of Political and social terms, with a view to chanqinq the political and social systems of States. Nor can that be achieved by teachinq theoretical -and perhaPs unrealistic -lessons in the spheres of economics and political systems. Adoption of the multi-Party system, for example, as some demand may be important, but it will not solve the debt Problem or feed the hunqry in their millions. The world should seize the historic OPPOrtunity provided by international detente to curb the arms race and allocate part of the resources thus released to addressinq international economic problems. Major industrialized countries should helP stoP req ional wars and solve req ional problems, which deplete most of the income of developinq countries that have been turned into testinq qrounds for lethal weapans and hiqhly technical experiments. In sayi nq that we do not mean to place all the blame on the develoPed States, for it is our joint resPOnsibility. We cannot deny that developim States face their own problems caused by mismanaqement, corruption, wronqly chosen priorities and wastaqe of funds on unproductive projects. We must not iqnore that qroup of problems. EMS/30 A/S-18/PV.S 143 Mr• BORG OLIVIER (Malta): At the outset I should like, on behalf of my Government, to convey our warm felicitations to His Excellencv Major-General ~foseph Garba on his election as President of the eighteenth special session of the General Assembly. It gives my delegation qreat pleasure to see him presiding once 
**Analysis**
The text discusses the debt problem and its impact on the world, highlighting the need for mutual sacrifices to address it. It also touches on the role of industrialized countries in helping developing countries and the importance of international cooperation. The text seems to be focused on the economic aspect of the problem, but also mentions political and social systems, which suggests that it may belong to a broader category.

**Category**
Economic development, International trade