d1~bt is another's credit, and so on. Thus the problems of deficit countries or JP/jg A/S-18/PV.S 100 (Mr• Malima; United Republic of ·Tanzania) indebted countries, for example, cannot be adequately dealt with in isolation, without the co-operation of the surplus or creditor countries, respectively. Moreover, the aptly emPhasized Problem of deterioration of the terms of trade of develoPing countries is essentially a problem of selling cheap and buying dear, a situation which is clearly unsustainable in the long run. Of course, the developed countries which face a reverse situation -they buy cheap and sell dear - do not appreciate the urqency of the matter in the same way as the developinq countries Cb. Since developing countries lose each year, through the deterioration of the terms of trade, much more than they receive in official development assistance, the need for concerted international action to devise an equitable trading arrangement can hardly be overstated. The fact also remains t:J1at the developnent process has not only national but international dimensions. At the national level, the right inducements and an environment that facilitates the maximum mobilization of domestic savings and other resources have to be created. Similarly, internal policies should be such as to motivate the various actors, so to sPeak, to Produce and do more of what is needed. Nevertheless, beyond that there is the interna tiona! dimension as well. That is to say, domestic savings and other resources have to be transformed into equipment, raw material, technology and management, which often have to be brought in from outside. JSM/td A/S-18/PV. 8 101 (Mr ~ Malima i ·United Republic of· Tanzan ial Thus, there is the question of access to the markets of the developed countries, not only for unprocessed but also semi-processed and manufactured products of the developing countries. In order for developing countries to import 
**Analysis**
The text discusses the economic issues faced by developing countries, including the problems of deficit countries, indebtedness, and deterioration of the terms of trade. It highlights the need for international cooperation and equitable trading arrangements to address these issues. The text also touches on the internal dimensions of economic development, including the importance of domestic savings and policies to motivate economic actors.

**Category**
International trade, Economic development