This is the fourth time the General Assembly has been convened for a special session to devote i.ts attention to world economic issues. This session takes place at a time when we are witnesses to major international developments that have a decisive impact on the immediate and medium-term prospects of the world economy. The delegations of States Members of the United Nations have assembled here to commit themselves to work in unison towards a better future for the peoples of the world and to assign a central role to the United Nations in the process of creating global conditions conducive to sustained and sustainable development, without which there cannot be peace, prosperity and well-being for all on our planet Earth. RH/16 A/S-18/PV. 5 69-70 (Mr. Somoqyi, Hungary) International economic relations have changed considerably in recent years. Changes in global production structures, shifts in the most dynamic sectors of economy and the emergence of the human element as the most important factor of economic growth are coupled with the accelerating process of regional integration in Europe, North America and the Pacific, reforms and substantial transformations in Eastern and Central Europe, as well as in the Soviet Union, and the increasing diversity in the growth patterns of the developing countries will result in new international economic structures that will pose unprecedented challenges to Governments, international organizations and non-governmental actors of the world economy. In today's world of growing interdependence, well oonsidered and co-ordinated adjustment will be an inevitable necessity at both national and international levels. The substantial political and economic developments taking place in Eastern and Central Europe and in the Soviet Union have brought about considerable progress in dismantling the almighty system of central economic planning and the monopoly of obsolete political power, although the results thus far achieved vary significantly 
**Analysis**
The text discusses the current state of the world economy, highlighting changes in global production structures, regional integration, and the emergence of the human element as a key factor of economic growth. It also mentions the need for well-considered and coordinated adjustments at both national and international levels. The text does not explicitly mention natural resources, environment, agriculture, forestry, fishing, health, education, employment, humanitarian aid, or culture. It does not provide specific information about industry, transport, or communication. The focus is on the economic development and international trade aspects.

**Category**
Economic development, International trade