prerequisites for sustaining their industrialization process. They emphasized the need for reform in the international systems of industrial finance, trade and technology and for control of transnational corporations as the main agents of resource transfers. 7. Most, if not all, of the issues raised in international debates on industrial restructuring are complex and involve topics such as transfer of technology, trade policy, international finance, the debt burdens of developing countries, and social aspects of industrialization. It would be advantageous to deal with all of these different issues in a sing le over-all context to encourage internally cons is tent and comprehensive agreements• However, it must be recognized that developing countries, individually or in groups, could not afford to rely solely on progress towards agreement in the entirety of these complex areas; they need to pursue individual as well as collective strategies and policies to overcome short-term as well as long-term constraints to their industrialization. ID/B/339 Page 5 It is therefore important to assess specific problems faced by individual countries and to identify wider issues for the international community as a whole. Efforts should continue to agree upon guiding principles for restructuring, but the international community should concentrate on finding solutions to specific problems now confronting various regions and categories of developing countries. III. RECENT DEVELOPMENTS Developed market economy countries B. A number of trends were apparent in 1984. Clear signs of economic recovery were observed in most of the developed market economy countries although growth rates and patterns and policy approaches differed slightly from country to country. Structural change in the industry of member countries of the Organisation for Economic Co-operation and Development (OECD) continued to shift comparative advantage in many areas of manufacturing towards a greater role for developing countries in industrial production. The intensified 
**Analysis**
The text appears to be discussing the challenges and complexities of industrialization, particularly in developing countries, and the need for international cooperation and reform in areas such as finance, trade, and technology. It also mentions the shift of comparative advantage in manufacturing towards developing countries. This suggests that the text is focused on economic development and industrialization, with implications for international trade and finance.

**Category**
Economic development, Industry, International trade