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The Furtherance of Economic Development

Published online by Cambridge University Press:  22 May 2009

Roy Blough
Roy Blough
Affiliation:
a member of the Board of Editors of International Organization, is Professor of International Business, Columbia University.
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Extract

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.

Type
II. Cooperation and Conflict
Information
International Organization , Volume 19 , Issue 3 , Summer 1965 , pp. 562 - 580
Copyright
Copyright © The IO Foundation 1965

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References

1 General Assembly Resolution 1710 (XVI), December 19, 1961.

2 General Assembly Resolution 1907 (XVIII), November 21, 1963.

3 Yearbook of the United Nations, 1963 (United Nations: Office of Public Information, 1965), p. 181Google Scholar.

4 General Assembly Resolution 1934 (XVIII), December 11, 1963.

5 UN Document A/C.2/L.722, September 27, 1963.

6 Gardner, Richard N., In Pursuit of World Order (New York: Frederick A. Praeger, 1964), pp. 120–121Google Scholar.

7 The Bank's loans are “hard” only in a relative sense; the Bank borrows funds on the market at lower than commercial rates because of the guarantees implicit in the unpaid subscriptions of the member governments.

8 General Assembly Resolution 1803 (XVII), December 14, 1962.

9 ECOSOC Resolution 13 (I), February 18, 1946.

10 General Agreement on Tariffs and Trade, Protocol, February 1965, Part IV, Article XXXVI, paragraph 8.

11 General Assembly Resolution 1785 (XVII), December 8, 1962.

12 See UN Document A/5826, December 4, 1964.

13 Hoffman, Paul G., One Hundred Countries, One and One Quarter Billion People: How to Speed Their Economic Growth—and Ours—in the 1960's (Washington, D.C: Albert D. and Mary Lasker Foundation, 1960), p. 26Google Scholar.

14 The Flow of Financial Resources to Less-Developed Countries, 1956–1963 (Paris: OECD, 1964), pp. 18, 155, 159Google Scholar.

15 For strong support of the use of conciliation, as well as an informative survey of the work of the 1964 UNCTAD, see Bloch, Henry, The Challenge of the World Trade Conference (New York: School of International Affairs, Columbia University, 1964–1965)Google Scholar.

16 See later in this volume, Walter R. Sharp, “The Administration of United Nations Operational Programs.”