programmes which seek to remove existing rigidities and impediments to economic growth and development. The multilateral development agencies will continue to play a crucial role in helping to design these programmes and in seeking to provide the required funding to ensure their success. At the same time efforts must continue to guarantee the suitability of adjustment programmes for the particular needs of individual countries, bearing in mind the social and political costs of the adiustment process. Experience increasingly shows that adjustment programmes J\M/4 A/S-18/PV.2 12 (Mr. Collins, Ireland) have more chance of success if tailored to specific requirements. There is also widespread recognition that the programmes must protect the most vulnerable groups in society and be situated in a multi-year framework. Nevertheless it is incontestable that the full political commitment of the Governments and the peoples .of the developing countries is required if adjustment policies are to work. Adjustment policies must be intrinsically national policies if they are to galvanize the necessary internal response. They must enjoy the wide and sustained support of the societies in which they are implemented. The experience of successful developing countries highlights the validity of this point. For the Twelve, functioning democratic institutions, enjoying the full and freely given support of the populations of developing countries, increasingly appear necessary to ensure the success of development strategies. Effective market and outward oriented policies, which experience suggests require pluralistic societies, seem also required to allow sustainable development. In many cases there is urgent need for defining a new balance between market forces and the economic role of the State. Effective, fair and enforceable legal provisions, guaranteeing the individual and property rights of the citizen, also appear necessary to bring about equitable and durable development. More generally, the human factor, at once the means to and the objective of development policies, must 
**Analysis**
The text discusses the importance of adjustment policies in promoting economic growth and development, highlighting the need for tailored programs that take into account the specific needs of individual countries, protect vulnerable groups, and enjoy the support of governments and populations. It also emphasizes the role of democratic institutions, market-oriented policies, and the protection of individual and property rights in ensuring sustainable development. These themes suggest that the text is primarily focused on economic development and related policy issues.

**Category**
Economic development, International trade