text: UNITED NATIONS A ...General Assembly !.L..1 .1_Distr. GENERAL AJ45/6 (Prog.14) 9May1990 ORIGINAL: ENGLISH Forty-fifth session PROPOSED MEDIUM-TERM PLANFORTHEPERIOD 1992-1997* MAJOR PROGRAMME IV.INTERNATIONAL ECONOMIC CO-OPERATION FORDEVELOPMENT Programme 14.Development finance, resource flowsandexternal debt CONTENTS A.Programme . 1.General orientation ........•......................•.•. 2.Overall strategy .••.•.•••..••.......•..••..•..•...•.•• 3.Subprogramme structure andpriorities •••••..•..••.•.•• B.Subprogrammes •.•...........••..•....•.•....•............•• 1.External financing andinternational monetary issues •• 2.Debtanddevelopment problems ofdeveloping countries. 3.Interdependence andintersectoral support•.••...•..... 4.Insurance .Paragraphs Page 14.1-14.10 2 14.1-14.3 2 14.4-14.8 2 14.9-14.10 4 14.11-14.27 4 14.11-14.13 4 14.14-14.16 5 14.17-14.21 6 14.22-14.27 7 *Thepresent document contains programme 14oftheproposed medium-term planfortheperiod 1992-1997. Thecomplete medium-term planwillsUbsequently be issuedinfinalprinted formasOfficial Records oftheGeneral Assembly, Forty-fifth Session, Supplement No.6(A/45J6JRev.1). 90-12075 1539f(E) J ••• Digitized by Dag Hammarskjöld LibraryPROGRAMME 14.DEVELOPMENT FINANCE, RESOURCE FLOWS AND EXTERNAL DEBT A.Programme 1.General orientation 14.1Thisprogramme isconcerned withthebroadrangeoftopicscentring on resources fordevelopment, moneyandfinance, debtandrelated issuesof interdependence. Itdealswithquestions ofutilization bydeveloping countries of external financial resources andtheadequacy ofsuchresources, whilepaying attention tobothconcessional andnon-concessional finance, aswellastoforeign private direct investment andcapital outflows. Itwilldealwiththeutilization ofdomestic resources fordevelopment, including bothfinancial andhuman. In connection withhumanresources development asameansforthefulfilment ofhuman potential andpromotion ofwell-being, theroleofwomenindevelopment is recognized. Theprogramme willalsoaddress theeconomic impactofdiverting resources fromexpenditure onarmaments towards moresocially productive uses. In viewoftheimportance ofastableinternational monetary environment, developments intheinternational monetary system andtheirimpact, particularly ondeveloping countries, willbecontinuously monitored. Withregardtodebt,analysis of developments andpolicies, creditor cluboperations, anddebt-management assistance willbegivenattention, aswilltheformulation andimplementation bydebtor countries ofappropriate programmes ofgrowth anddevelopment-oriented macro-economic stabilization andofstructural adjustment andreform. Inexamining thoseissues, particular carewillbeexercised totakeeffective account ofthe interdependencies thatexist amongmoney, finance, debt,tradeanddevelopment, including concerns forsustainable development. Theexistence ofcloselinkages between theeconomy, population andthenatural environment isrecognized. Consideration willbegiventothemanner inwhichthoselinkages maybereflected invarious partsoftheworkprogramme oftheUnited Nations Conference onTrade andDevelopment (UNCTAD). 14.2Thedevelopment ofthedomestic insurance sectorisanimportant element in themobilization ofdomestic resources. 14.3Particular attention inallofthoseareaswillbegiventotheleast developed countries, whichhavedropped further awayfromthemainstream ofworld economic growth andprosperity, aswellastotheAfrican countries inthecontext offollow-up totheUnited Nations Programme ofAction forAfrican Economic Recovery andDevelopment, 1986-1990 (General Assembly resolution S-13/2, annex).
analysis: The text focuses on the allocation of financial resources for development, management of external debt, and international monetary issues. It also touches on the role of women in development, human resources development, and sustainable development. These topics suggest a strong connection to economic development and international cooperation.