text: The practical implications of abroqatinq this responsibility are as grave as the moral ones. Developed nations cannot divorce their own continued prosperity from that of the developing world. Sustainable qlobal economic development in the future will depend on the extent to which the economic resources and comparative advantaqes of all regions, includinq the developing nations, are efficiently utilized in an inteqrated manner. JVM/5 A/S-18/PV. 6 16 (President Vassil iou) Moreover, the future impact en the developed world of unchecked poverty and the accompanying ill of uncontrolled demographic grCMth will be as dramatic and adverse ag the impact on the developing world. Richer countries can accom110date only so many waves of immigrants, effectively "economic refugees" from the poorer regions of the world, before reaching themselves an economic and social explosion point. From our CMn experience in Cyprus we know that the only solution to the drain of human potential from the developing to the developed world is the economic development of the poorer regions. In our particular case, development reversed the flow of Cypriots to countries abroad, enablinq many to repatriate. Economic and social instability on a qlobal scale will inescapably mean political instability on a qlobal scale. It would be tragic if the rapidly easinq tensions between East and West were to be replaced by escalating economic tensions between North and South as a result of laCk of progress towards reducing the development gap. Furthermore, failure to narrCM the gap between rich end poor must spell failure to resolve key problei'IS threatening the foundations of the qlobal conununi ty, such as the illegal production and dissemination of drugs and the destruction of the environment. Poverty makes a poor counsellor for either resisting the temptation to make a living from marketing deadly addictive substances or preserving nature when a disregard of its delicate balances means 
analysis: The text primarily discusses the interconnectedness of economic development among nations, highlighting the consequences of not addressing the development gap between developed and developing countries. It emphasizes the need for sustainable global economic development, efficient utilization of economic resources, and the potential impact of unchecked poverty on both developed and developing worlds. The text also touches on the issues of immigration, economic and social instability, and the environment.