restarting a process of dialogue in the critical areas of development and world recovery that will lead to agreement on changes in the interests of all countries. But the United Nations system itself carries a heavy responsibility for making that act of renewal more likely through the strengthening of its own processes and the rekindling of faith in the validity of international co-operation. The Committee believes that the Economic and Social Council can play a major role in this respect. But all elements of the United Nations system can and should help Governments to return to the spirit of the Charter. They can do so by a process of self-examination, by readiness to be intellectually creative, by subordinating institutional partisanship to the wider goals and objectives of the United Nations system and, as important as anything else, by bringing increased efficiency and cost-effectiveness to their operations. 80. The international community must come to terms with the new global economy and the interrelatedness of nations within it; and nations must condition themselves to think more globally - in terms of both longer-term horizons and wider fields of vision. Such perceptions will in any event be unavoidable - forced upon the world by the continued shrinking of our planet and the new national interconnections that it brings. It is better to be prepared for such awareness carefully and dispassionately so as to avoid the shocks, surprises and possible costly policy lurches that could otherwise accompany belated learning processes. All countries must review the meaning of national sovereignty in a world of deepened mutual interdependence. It may be that disorder in the international economy must increase before prevailing attitudes can change; but that is not inevitable, and it is not acceptable. The urgent strengthening of multilateral economic co-operation 
**Analysis**
The text appears to be discussing the importance of international cooperation and the need for countries to adapt to a changing global economy and interdependent world. It emphasizes the need for nations to review their understanding of national sovereignty and to strengthen multilateral economic cooperation. The language used is formal and diplomatic, suggesting that it may be a report or statement from a United Nations committee or agency.

**Category**
International trade, Economic development