towar4~ redre••ingtheunfavourable 1nter~atioDal enviroDRent, inparticular problems offalling c~dity price.,debt-s.rviciDg burden., highInt&r••trate. andprotectioni ••,whichcontinue toun4ermiaa r.fo~effort.ofAfrlcSD Govarmants. Intheare:aoftrade,4evelop'DIJ cOUlltd~. continue toaufferfrolla4'V'8rse terM.oftrade. Hbilodeveloping countri••UDd~rtheirvariousrestructuring programme. haveliberalised theireconomi••,thedeV&lop44 countries havegivenin toprotectionist pre••ure.andresorted !ncrea81aqly to~egedtrade,aa eX8Dplifie4 bythegrawiD; volumeofvoluntary eapo~trestrainta, orderly marketiu9 arruq_nt. andbUateral agre••ate11..itlnqtra4e.ft.international trading Bystem, founded ontheprinciple ofnon-discriMination, i8littered with 4iacr~lDatory arrangements • Digitized by Dag Hammarskjöld Librarynotdeducted fro~aidallocation8. MYdelegatloD wouldallolitetotakethi.pl'OCJrelll illdebtreU.funcleI'theToronto AgreallOllt 011th.tPedsClubdebt"the(Mr.AllmQah. Ghpa)Al45/PV.6 06 developing countries. IDthefac.ofth~r••ource.qu••••,.tructu~al a4juataontODAf10va have .tagnat.d IDre.l t.~s.revinduetriali.ed countrl••haveattainedas.istance (ODA) fo~external fioaDcetosupporttheirdevelopment progra-Me8. But proqruaes iIOuted bylIOatAfrican countri••withintilefrBMwork oftheUnitedthetarqetof0.7percentofqro••Dational product (GNP)laODAf10v.toTh.flowofre.oure.. 10critical tothe10D9-te~ developmeot n.ea.ofoppo~tUDlty toreiterate itecallforaninterDational conference onAf~ica'. debt. hasheen••riou.ly er04e4bythetwiDprcbl... ofexternal !ndebte4ae.. aDdadverse te~eoftrade. Manylow-iDCOMe countri.c «epead ODofficIal developmentchargedatInternational n.volopment Aa.oelation (IDA)rat••andther••ource.coat developing countries ha.be.nco••id.rably reduced. Tbeco...rc!albank.al'..til1r.duceboththedebt.tockanathedebt••rvice,the9l'anti89 offurth.r ~.liofby movingbeyondthetom.oftheTorontoinitiative inrea~ctofther...1n1119Pad. Clubd.bt,andtheavailability ofaeo~atoriua of3to10ye.rewithlator61t reluctant tor••ume1endlD9tohighlyindebted cOUDtrio. ••theircreditworthine••ExpertGrouponAfrica'. d.bt,particularly tho.eregard1n9 iner.ased effort.tolnapacthasHoninadOtJUat. bothinscopeand1IIpl••ntatlon. Mydalegation"re.cb.4ullzt,g. AllthGSfIcretal:Y-Geural'. BspertGroupODAfrica'. cCJU041ty problem. point.outiaitareport, re.ch.4ul1Dg ofdebt,unaccompanied bydebt write-doVll, canle.d-toincre•••«overall debt.Although th.rehasbe.n1ll0lilllThe1,aOshaveal.o.eentheaaguitude ofth&e.terAlll d.btofdevelopill9 countries 9rowinvolu.etothelovelof$1,3trillioD, ofwhichAfricabearDover $250billioD, withthed.bt.tillrlaimgonaccountofri.iD;intor••trate.andPKB/ASIf Digitized by Dag Hammarskjöld Libraryfor.tructu~.l ed,u.~Dt abGuldhavehoena..lce-econtribution tothedebate.(Mr."DRab, GhUI)W45/PV.6 97 there••on.vhyecoDOMic rafo~avereBotyle14189 theaspect.d r••ultc,thefocus beg'lma11l9 ofthe1990•• Iahouldllketoaddr••sthatquO.tiOD, a.itlaimportant tomakethe pesition oftheGhanaGovera.ent quitecl&ar.Ispllclt illtheDe.clarioacalllsun4el'lyllllCJ .s.\lllPtloras. TbeBcollOltlc Co-bsloD forAfdcaeaalterDativ. fruevork quickly.h1fted fl'OIIthen••dforecol\0II1c refonttothelackofdellOcratic reform a.theprtaaryco.straiat againat .coD~lc recovery anddevelopment inthe 4e".1opl89 cout!'!.es. DeIIocratlc refo",haathuabec..thecladollcallattheIllata.d, refugewassoughtIncallsfordeMOcratic rafol'll. IIIthe1980.the callftaforecoD_lc I:'ofom. Developi¥l9 cowatr:l.. follova« theprescdptloDS for atructural ad'uatnent aD4yetcontinued toauffereconOMic..lals.ofamore virulent tind.X.tarally theybeq8Dtoquestion thepolicyprescriptlons andthalrreyltall~atlon ofecono-lc growthanddevelopRent, inparticular 1nthedeveloping ButiDtheendcon.ensus couldbeachieved onlyODthebaaisofblaadassurancosPD/ASW countri.s, theGroupof77hadexpected purposeful anddeci.ive InternatioDal actionto5441'... the..'orcon8tralnta Militating againsttheireconoalc growth. 9owever, 1nateadofitaprCMOtlaq avigoroua debate OD,andcritical analysis of,proalalag .creofthea~failed po~lclea. Pord.veloplag countries thisvasa 41.appoln~nt. !b8international -COMMunity _ieaGda9004opportunity to dOMODstrata it.political vl1ltofilldal.stiaqsolution tosomeofthe illtractable probleas confrolltltiq thedeveloping worldtoday.9rowth-orlente4 policie. haveDotbeanforthcGIIlD9. Incall1Dgforaaped.l massioDoftheo.naral AIIs.Mbly devotedtothe _•. Digitized by Dag Hammarskjöld Libraryconcerned, notinanalienculture. freed0ll8 oftheindividual andofpeople.o Theseinclude theConvention ODthehWllanrightaetb.righttochoosethepolitical ayetuunderWhichonelivell.(Hr."111IO., Ghana)W45/PV.&la ButDOpolitical ayatell,ho_vel' repre,entative ordemocratic, canthrivein BelioviBg a8itdo.,intheprCMOtion of,androspectfor,humanright8 gthe RightsoftheChild,whichrqcOWltry va8thefir.tMemberStatetoratifyinravaged byhunger,4i••a,.,illiteracy and.i,.ry. Preedom fromwanti••abasic Qthefaceofgdndlaq poverty andtleapoll4ellcy. 'rhoespedence oflIanycountdeslevel,indeci.ion-making. MeaI'stakingtheproc.s. furthctr byconducting
**Analysis**
The text appears to be discussing the economic and financial challenges faced by developing countries, particularly in Africa, and the need for international cooperation to address these issues. It mentions debt, trade, and economic development, indicating that the text is focused on economic issues.

**Category**
Economic development, International trade