We must bear in mind that any development-oriented strategy must combine short, medium and long-term policies. Similarly, changes must be made not only in the international economic environment but also in national policies, and there must be more effective co-operation between internal and external factors that could lead to global balanced growth, benefiting the entire international community. In this context my delegation wishes to emphasize that the current scene, marked as it is by rapid profound change, compels our countries to adapt to new conditions. Those who resist change.will remain isolated and unable to overcome structural deficiencies. That is why in Mexico we have embarked on an irreversible programme of structural reform aimed at creating favourable conditions for stable balanced growth in an environment of open international competition. In this framework we have adopted and proroted policies of freer trade, exports of products other than oil, healthier public finances and national and foreign investment incentives. Inflation has been brought down to levels not seen over the last decade. Our national development plan calls for the State to continue playing an essential role, but we have discarded outnoded myths that favour excess direct participation in the economy. The public sector must play an important role in the nodernization process, but by applyi~ more selective criteria and by prouoting· efficiency and productivity. We have disincorporated non-strategic public companies, keeping only those that are as productive as, or more productive than, comparable ones in the private A/S-18/PV.2 18 (Mr. Rozental, Mexico) sector. A return to the public sector as a basic instrument of social development is one of our most important objectives. The fight against extreme poverty is also a priority for my country's Government. Through a national solidarity progra11111e we seek to overcane the endemic poverty of those groups and communities that are most vulnerable. The 
**Analysis**
The text discusses the development strategy of Mexico, emphasizing the importance of structural reform, free trade, and public-private sector collaboration to achieve balanced growth and overcome structural deficiencies. It also mentions the government's priorities, including reducing poverty and promoting national development. Given the focus on economic development, trade, and public policy, it is likely that the text falls under the category of economic development and international trade.

**Category**
Economic development, International trade