7 peace without global economic security. What is required, therefore, is a concerted collective effort on the part of all . States and international institutions to assist economic re- covery, particularly in developing countries. It is, however, with some despair and anxiety that my delegation observes the current retreat from multilateralism and the absence of democratization of the international economic system. The international financial institutions must be responsive to the justifiable calls for change in their policies and pres- criptions, and thus avoid the large-scale social and political disruptions which would inevitably threaten international peace and security. The world has become more interde- pendent and democratic collaboration between the devel- oped and the developing parts of the world has become a sine qua non of economic progress. 89. The unfavourable state of contemporary intema- tional relations contributes in part to the inability of the United Nations to perform its role adequately and under- lines the difftculties with which it is confronted. The United Nations and the Security Council have been con- strained by numerous obstacles: non-respect for and non- implementation of decisions and resolutions; the increas- ing unilateral use of force to resolve issues or to serve narrow self-interest, in contravention of the principles of the Charter; and the unwillingness of individual States with differing ideologies to take collective action. 90. Desnite these constraints. the United Nations system has provid itself a dynamic one, capable of evolving and of meeting, to some extent, the demands of an era and a membership radically different from those of 40 years ago. However, if the United Nations is to play an enhanced role in the quest for a better world and if the Security Council is to carry out more effectively its primary responsibility for the maintenance of international peace and security, a 
**Analysis**
The text discusses the importance of global economic security and the role of international institutions, such as the United Nations, in achieving it. It also highlights the challenges faced by the United Nations in maintaining international peace and security due to the retreat from multilateralism and the lack of democratization of the international economic system. The text suggests that collective action and cooperation between developed and developing countries are necessary for economic progress and international peace and security.

**Category**
Economic development, International trade, Humanitarian aid and relief