General Assembly

1955 ◽  
Vol 9 (3) ◽  
pp. 376-378

Special United Nations Fund for Economic Development: Pursuant to a resolution approved at the ninth session of the General Assembly, Mr. Raymond Scheyven submitted for consideration at the tenth session of the Assembly a further report on the proposed Special United Nations Fund for Economic Development (SUNFED). The report, prepared by Mr. Scheyven in cooperation with a panel of experts appointed by the Secretary-General, dealt with the form or forms, functions and responsibilities which SUNFED might have, and especially with the methods by which its operations might be integrated with the development plans of the countries receiving assistance from it. Mr. Scheyven felt that SUNFED should not confine itself to financing or assisting in the financing of nonself-liquidating projects exclusively; he felt that SUNFED should be able to contribute to any project which was related to economic development but which for some reason, such as balance of payments difficulties, was unable to attract investment capital. He likened the proposed fund to the European Recovery Program, although he pointed out that the analogy was not complete. On the question of the financing of the fund and the size of its initial resources, Mr. Scheyven emphasized the necessity of long-term commitments and felt that the $250 million initial capitalization which had been put forward as the minimum amount on which SUNFED could begin operation should not be considered an absolute; he felt that the limited capacity of underdeveloped countries to absorb capital and the inevitable slowness with which the operation of SUNFED would begin would make it practicable to begin with a smaller amount. He therefore suggested that the General Assembly bear these considerations in mind in reaching decisions and suggested that the fund might be established provisionally for a five year period during which its operations could be assessed. Mr. Scheyven and the experts with whom he consulted felt that SUNFED should be empowered to provide under-developed countries with grants or with loans repayable in local currency but should not be empowered to grant low-interest loans on indeterminate and extremely liberal terms; a combination of grants from SUNFED and loans from such an agency as the International Bank for Reconstruction and Development was suggested as a possible procedure.

1982 ◽  
Vol 26 (1) ◽  
pp. 21-48
Author(s):  
F. Parkinson

While the demand for economic development by underdeveloped countries has a long history, two landmarks call for brief comment: 1960, when a massinflux of newly-independent underdeveloped countries lent political strength to their clamours; and 1973, when the spectacular rise in oil prices became a potential weapon of the developing countries. The chief political forum of the latter has been the General Assembly of the United Nations, but battle has also been done in the General Agreement on Tariffs and Trade (GATT), chief forum on international trade. Some concessions have been wrested from the developed countries, but progress in the two chief fora of public international finance, the International Monetary Fund and the World Bank, has been slow. Both of these international institutions have become the focus of manoeuvre between the developing and the developed countries.


1965 ◽  
Vol 19 (3) ◽  
pp. 562-580 ◽  
Author(s):  
Roy Blough

In 1961 the General Assembly declared the 1960's to be the UN Development Decade and called for intensified efforts to accelerate progress toward self-sustaining growth. During 1965, designated International Cooperation Year, the United Nations is to take stock of the progress made thus far. Next to peace and security, which are preconditions for progress in all fields, international cooperation to promote economic and social development of the less developed countries now holds the highest priority for United Nations action.


2003 ◽  
pp. 26-39
Author(s):  
V. Maevsky ◽  
B. Kuzyk

A project for the long-term strategy of Russian break-through into post-industrial society is suggested which is directed at transformation of the hi-tech complex into the leading factor of economic development. The thesis is substantiated that there is an opportunity to realize such a strategy in case Russia shifts towards the mechanism of the monetary base growth generally accepted in developed countries: the Central Bank increases the quantity of "strong" money by means of purchasing state securities and allocates the increment of money in question according to budget priorities. At the same time for the realization of the said strategy it is necessary to partially restore savings lost during the hyperinflation period of 1992-1994 and default of 1998 and to secure development of the bank system as well as an increase of the volume of long-term credits on this base.


2007 ◽  
pp. 27-45
Author(s):  
B. Titov ◽  
I. Pilipenko ◽  
A. Danilov-Danilyan

The report considers how the state economic policy contributes to the national economic development in the midterm perspective. It analyzes main current economic problems of the Russian economy, i.e. low effectiveness of the social system, high dependence on export industries and natural resources, high monopolization and underdeveloped free market, as well as barriers that hinder non-recourse-based business development including high tax burden, skilled labor deficit and lack of investment capital. We propose a social-oriented market economy as the Russian economic model to achieve a sustainable economic growth in the long-term perspective. This model is based on people’s prosperity and therefore expanding domestic demand that stimulates the growth of domestic non-resource-based sector which in turn can accelerate annual GDP growth rates to 10-12%. To realize this model "Delovaya Rossiya" proposes a program that consists of a number of directions and key groups of measures covering priority national projects, tax, fiscal, monetary, innovative-industrial, trade and social policies.


2000 ◽  
Vol 94 (4) ◽  
pp. 759-773 ◽  
Author(s):  
Daryl A. Mundis

Since the establishment of the International Criminal Tribunal for the Former Yugoslavia and the International Criminal Tribunal for Rwanda, both International Tribunals have grown tremendously in terms of resources. Despite this growth, the International Tribunals have rendered judgments in only fifteen cases and conducted inordinately long trials—a fault for which, perhaps more than any other, they can be justly criticized. The Secretary- General of the United Nations recently appointed an expert group to review the efficiency of the operation of the International Tribunals and make recommendations for improvement. Following the release of the group's report, the General Assembly requested that the Secretary-General obtain comments from the International Tribunals on the experts’ recommendations. The ICTYjudges, for their part, considered these recommendations in a report to the United Nations setting forth a long-term strategy for improving the operation of the Tribunal.


2020 ◽  
pp. 243-249

In parallel to the globalization of the modern world economy, the development of innovative policies for economic development is considered as a topical problem in a number of countries around the world. For developed countries, innovative economies have become one of the key preconditions for the country’s economic success. In Georgia, despite recent economic reforms, the country has not achieved tangible results in terms of innovation development. Hence the development of the economy needs to facilitate the formation of an innovative economy. Experience in developed countries shows that in a transformative economy the crucial role lies in the development of innovations and technological novelties. Accordingly, the article examines the contribution of innovation to the economic development of transformational countries. Priorities of innovation policy in Georgia have been identified, and the role of innovation in creating a competitive environment, increasing productivity and raising living standards has been assessed. The article uses the Global Innovation Index (GII) to assess the level of innovation in a country. There are discussed mechanisms that can help achieve long-term economic growth, productivity and job growth as well.


Worldview ◽  
1975 ◽  
Vol 18 (3) ◽  
pp. 49-55
Author(s):  
Abraham Yeselson ◽  
Anthony Gaglione

Since there were seventy-one sponsors, it was inevitable that the resolution would be adopted, But debate on the question was inevitably bitter and spilled over to the substance of the Palestinian issue. For many people the debate—and Arafat's subsequent address to the General Assembly—sharpened questions about the United Nations, its purpose, and its long-term value.From its birth the United Nations has been an important weapon in the armory of nations in conflict. When one's national ends are advanced, the U.N. is seen as the expression of man's highest ideals. Victims, however, perceive attacks in the world forum as irresponsible distortions of the Charter. From either perspective the United Nations is an arena for combat.


1952 ◽  
Vol 6 (4) ◽  
pp. 559-575

The seventh regular session of the United Nations General Assembly convened at the United Nations Headquarters in New York on Tuesday, October 14, 1952, to consider an agenda which included, in addition to administrative, legal and financial items, the reports of various organs and agencies of the United Nations, and the continuing problems of Korea, the limitation and reduction of armaments, economic development and the admission of new Members, certain new problems such as the questions of Morocco and Tunisia, minorities in the Union of South Africa and the complaint of violation by Arab states of their obligations under the Charter.


1953 ◽  
Vol 5 (4) ◽  
pp. 569-578
Author(s):  
Albert Kervyn

These two books provide an opportunity to compare the approach of the economist and of other social scientists to the problem of economic development, although neither volume can be taken as a fair measure of the contributions the various disciplines can make to understanding the growth process in particular societies.The United Nations Report, which is the work of a group of economists appointed by the Secretary General of the organization, aims at policy more than analysis. It is also quite general in character, and a discussion that embraces the tremendous diversity of so-called underdeveloped countries must perforce maintain a distressing level of abstraction. Despite this structure, the Report remains eminently readable.


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