Theproblem oftheover-indebtedness ofdeveloping countries hasnowbecomea principal preoccupation oftheinternational community. Highinterest rates, unfavourable repayment termsandadverse tradeconditions makeitimpossible for developing countries toearnwhatisneededfordebtrepayment. Thisexternal debt crisisisaserious element oftheon-going crisisinthemonetary andfinancial system. Allthisillustrates thegravity ofthesituation andcallsfor tk~: long-overdue reformoftheinternational monetary andfinancial system. As monetary affairsaffectthewholeatmosphere oftradeandaid,itappears tous thatthesematters aretheconcern oftheentireinternational community. The establishment ofanewandequitable international monetary orderisalso contingent uponthefullparticipation ofallthosewhowillbeaffected byit. Accordingly, thedelegation"of Burmasupports th~callfortheconvening ofa conference oninternational monetary andfinancial reform.BHS/ed A/40/PV.13 101--------~~-----~--l I (Mr.ChitHlaing, Burma) International economic ~~lations ,~ntinu~ tobecharacterized bythelackof aomentWl oftheso-called NlJ,1rth-SOuth dialooue between thedeveloped anddeveloping count~ies. Developing countries aresteadfast intheirposition ofglobal approaches tosolving economic issues. Developed countries tendtoseekoolutions onconservative concepts aimedat.retaining thestatusquo.Inthesecircumstances therehasbeennobreakthrough andpreparations forthelaunching ofglobal negotiations oninternational economic co-operation anddevelopm2nt havemadeno headway thusfar.Asaresult, notoneoftheproblems facingtheworldeconomy forthelast10yearshasbeenameliorated orsolved. Instead, developing countries continue tobeinaposition ofdependence onthemonetary, fiscaland tradepolicies ofdeveloped countries. Theprospect ofserious resumption of dialogue between thedeveloped anddeveloping countries remains poorwithout some additional political efforttogenerate aninternatio~,l climate restoring the necessary trustandunderstanding oftherespective positions ofthetwogroups. Thefactisthatth<aworldcommunity isstillfarfromanordered economic system, planned forthegeneral good,anditseemsthatalongstruggle liesahead foritsachievement. Developing countries areatpresent engaged inadetermined attempt toachieve abreakthrough inself-sustaining growth. Whiletheresultwilldependlargely on theirownefforts,it~srecognized generally thattheacceleration oftheir economic growthcouldbehampered oreven impair~~ iftheirefforts rnrenot supplemented orstrengthened byconstructive international action. Economic developmont alsobringsinitstrainequally complex needsforsocialadvancement. Theachievements oftheUnitP.dNations areperhaps moremanifest inits responsiveness tothesepressing economic andsocialissues. Lessfully appreciated aretheeffective services oftheunitedNations familyofrelatedBBS/ed A/40/PV.13 102 (Mr.ChitHlain9, Burma) aganciaa, institutions andprograwwes dealing withtheeconomic andhumanproblems ofdeveloping countries. Inaworldsteeped inpoverty, hunger, ignorance, disease andinjustice, these specialized agenccies areallengaged invitaltasksrelating tohumanwelfare, national growth, international co-operation andpeace. Intheforefront ofthese acti~ities istheUnitedNations Development Programme (UNDP). Asamajorchannel formultilateral technical assistance provided through theUnited Na~ions dystem, UNDPhasassisted developing countries intheireconomic andsocialdevelopment in conformity withthespiritoftheunitedNations Charter. Asanagencyfor international actionaimedatcombating poverty, malnutrition andhunger, the assistance provided bytheFoodandAgriculture Organization oftheUnitedNations (FAO),intheareaoffoodandagricultural research andproduct~pn, isproving valuable tcjeveloping countries. TheWorldHealthOrganization (WHO)ishelping loprotect andpromote thehealthofallthepeopleoftheworldbyparticipating innational healthprogrammes. Adopting anintegrated approach totheproblems ofchildren alloverthe world,theUnitedNations Childr'sn's Fund(UNICEF) worksinpartnership with
**Analysis**
This text appears to be a speech or report discussing the challenges faced by developing countries in terms of debt, economic growth, and international cooperation. It highlights the need for a new international monetary order and emphasizes the importance of addressing the root causes of poverty, hunger, and injustice.

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