developed world are often inapplicable to the developinq world. A number of internal and external factors have acted as a brake on the Ecuadorian economy. The declining value of our exports, increased interest rates, the cost of servicing the foreign <Ebt and disequilibria in the balance of payments on the current account were adverse factors throuqhout the 1980s. The Present Government of Ecuador has applied an adjustment policy to correct basic macro-economic imbalances. Some measures adopted with regard to credit, monetary and fiscal matters were regarded as drastic. To control inflation, we followed an austerity proqramme in public expenditure. At the same time, measures were applied to support and promote production. In that way we have manaqed to slCM down the pace of inflation. As for the external sector, exchange measures taken by the Government succeeded in their purpose of restorinq the international monetary reserve, qalvanizinq its exports, rationalizinq imports and helpinq to balance the balance of payments. Ecuador is aware that the true solution to its problems lies in its 0111n efforts and its own capacity for action, but, as a member of an interdependent community, that if there is no qeneral will for co-operation -above all, by the principal actors in the world economy -our own efforts will not be enouqh. Of course, the leading actor in any development is man himself. That is why we must seek to ensure the physical and mental health of the human beinq. In this context, Protection and full use of the potential of human resources implies adoptinq food, health and education policies. In short, it implies satisfyinq the JP/dl A/S-18/PV. 6 143 (Mr. Ayala Lasso, Ecuador) needs and aspirations of children and adults. Ecuador has made enormous and fruitful efforts radically to reduce illiteracy through a national campaign 
**Analysis**
The text primarily discusses the economic challenges faced by Ecuador, including the impact of external factors on its economy, and the government's efforts to address these issues through macroeconomic adjustments, exchange measures, and policies to promote human development. The text also touches on the importance of education, health, and human resources in addressing the country's development needs.

**Category**
Economic development, Education, Health