Chile believes that today we are witnessing a growing humanization of politics and a growing dehumanization of the economy. Let me explain. In politics the human being, the dignity of persons and respect for the individual are becoming increasingly important in systems of national ooexistence. That evolution can be seen in a dramatic way in the countries of Central and Eastern Europe, but it is also occurring in Latin America, if we oompare the end of the 1970s to the beginning of the 1990s, and it can also be observed in diverse experiences in other developing regions, in Namibia, for example, which I have already mentioned. On the other hand, the economy is being increasingly dehumanized with each day. The human being is more uncertain, more unprotected. There is more unemployment and more poor people in the world than there were 20 years ago. The linear projection of the current situation for all societies, developed and developing, is critical. There is a justifiable search for macroeconomic balance, without which development cannot be achieved. We do not, however, find a similar RM/12 A/S-18/PV. 5 48 (Mr. Somavia, Chile) concern with regard to the need for major social balances, which are equally necessary for the stability of our societies. While the world has begun to breathe more easily because the nuclear bomb is under control, a social bomb of unpredictable power and with potentially devastating effects is being developed before our very eyes. The open economv has shown itself to be more effective than a planned economy for dealinq with the organization of the process of production, the pronotion of entrepreneurial and technological creativity and the increase in international trade, but it runs into serious problems when it tries to respond satisfactorily to the just social demands of our time. 
**Analysis**
The text discusses the relationship between politics and economics, highlighting the growing importance of human dignity and individual rights in politics, while lamenting the increasing dehumanization of the economy. The author argues that the open economy has shown its effectiveness in promoting production, entrepreneurship, and international trade, but struggles to respond to social demands. This suggests that the text is primarily concerned with the social and economic implications of economic systems.

**Category**
Economic development, Employment