text: 129. In the first place, priority consideration needs to be given to the deveropmental needs of the npst seriously affected developing countries. sincemost of them do not incur any significant nilitary spending anynay, this courd algoanount to putting a synbolic premlum on military abstinence. Also, since most ofthem also do not comnand geostrategic locacions, making thern coveted arenas forpolitical paeronage, sone agreement anrcng the najor developed countries may bepossible. secondly, there is an urgent need to divert even a part of the currentnilitary R and D worrd-wide to develop technologies and capital goods of rerevanceto the economic circumstances of the developing countries as a whole. For nany ofthem, several of the soPhisticated technologies available frorn the inalustrializedvrorld are either exorbitantly expensive or sinrply irrelevant, The benefitsaccruing fron such a diversion will, however, not renain confined to the developinq A/ 37 /3e6 &rgl ish Annex Paqe 59 countries alone. As descrlbed earlief, many of these countries are rlch in both hunan and natural resources. Accelerating their devetopnental Performance could 9o a long yray in lifting both the supply- and denand-side constraints on the econornLc prospects of the developed countrles. In this sense, as in several otherst international econonic interdependence is a reatity that needs to be accePted an progressively put on a rnore equitable footing in future. 130. The grcnring awareness of the physical and econonic constraints on human and material resources available nithin and anong countries nakes the demands for a nelt international economic order as another way of coming to terns with the global econonic realities. Even without describing it as a strategy of non-$ar betneen different poLitlcal entities, the estabtishnent of a new internatlonal econonic order nilI be a signifcant step towards s€eking corunon solutions to Problems which either cannot be resolved in any other way than by joint efforts (for example,
analysis: The text discusses the need for a new international economic order, prioritizing the developmental needs of developing countries, and diverting military R&D resources to benefit the global economy. It highlights the importance of accepting international economic interdependence and promoting equitable economic development.