session, not only because of the important subject it will address, but also because of the opportunity it has provided for the admission of the Republic of Namibia as the one hundred sixtieth Member of the United Nations. Namibia's independence is a historic and unique achievement, and we therefore seize this opportunity to congratulate its Government and people. We are also proud to note that its admission into this world family of nations coincides with Nigeria's presidency of this great Assembly. We take special and justifiable pride in our close involvement with the negotiation process that led to the adoption of Security Council resolution 435 (1978). As a pioneer and active member of the United Nations Council for Namibia and a major contributor to the United Nations Transition Assistance Group (UNTAG), Nigeria is delighted to welcome Namibia to membership in this Organization. JSM/td A/S-18/PV. 5 36 (Mr. Lukman, Nigeria) As we contemplate the very many challenges that we face in the 1990s, it is vital that we examine the main trends in the evolution and management of the world economy in the 1980s. Identifyinq those trends and designing appropriate collective international responses to the challenges ahead are the main tasks of the session. In our view, the world economy of the 1980s had many salient features. I would focus on a few : First, the rapid advances in technoloqy and their application have led to significant transformations in the world economy. Technological progress has eroded traditional notions of comparative advantage in production and trade, globalized financial transactions and accelerated economic interdependence among nations. While nations with strong technological capacities have benefited from tte process, others with weak technological bases have suffered. Secondly, international economic POlicy co-ordination, because of its narrow orientation -focusinq as it does on a few policy issues and involving the 
**Analysis**
The text discusses the admission of Namibia to the United Nations and the importance of examining the trends in the world economy in the 1980s. It highlights technological advancements and their impact on the world economy, as well as the need for international economic policy coordination. Given the focus on the global economy and technological progress, I hypothesize that the text is most relevant to the categories related to economic development and international trade.

**Category**
Economic development, International trade