Unfortunately the outlook for the decade just beginning is unclear, and in many cases quite discouraging. However, our meeting here this week proves at the very least our unwillingness to accept a future condemned to subjugation. We are convinced that now is the time to introduce important qualitative changes in international economic relations. The profound transformations witnessed over the past few months constitute an excellent basis from which seek collective responses to long-standing economic problems. If we have overcome international political confrontations, which only a few years ago would have been impossible to imagine, why not expect that there now exists a similar collective will to correct the traditional disequilibria in the international economic system? Rapidly developing trends that we start today will become the guidelines for tomorrow. We are at the crossroads of risks and opportunities. Our choice is between the opportunity to revive the international solidarity necessary to effect the changes we want, on the one hand, and the risk of perpetuating an essentially unbalanced and unfair international economic system, on the other. The consequences of inaction are so terrifying to the vast majority of the world's peoples that we simply cannot allow ourselves to fail. For those reasons the greatest challenge the global community will face over the next 10 years will be the promotion of healthy and balanced world economic growth. In order to achieve this, we must fully recognize that the problems of developing countries concern us all and that we need consensus around a new concept of international economic co-operation. RH/5 A/S-18/PV.2 17 (Mr. Rozental, Mexico) Both North and South must contribute, according to their weight and individual possibilities, to stable world economic growth as a solid foundation for international peace and security. Joint action and shared responsibility are the only way forward. 
**Analysis**
The text appears to focus on the need for collective action and cooperation to address economic imbalances and promote healthy and balanced world economic growth. It highlights the importance of recognizing the problems of developing countries and the need for a new concept of international economic cooperation. The language used suggests a focus on global economic issues, rather than specific sectors or industries.

**Category**
Economic development, International trade