text: processes conducive to sustainable non-inflationary growth, while protecting and improving basic living standards; reinforcement of the catalytic influence of these institutions in mobilizing greater flows of private capital; improvement of external debt management, through the development of better early warning and debt rescheduling procedures; and seeking to ensure that the iMF and World Bank both operate in ways that mitigate cyclical swings and do not reinforce them. 63. The slow-down in commercial bank lending and the stagnation in official development assistance imply marked reductions in flows of development finance over the coming decade. Neither increased flows of direct foreign investment nor increased domestic savings in developing countries can be expected to make up the resulting short-falls in investment. We reject as unacceptable the implied resulting cut-backs in developing countries' growth, and urge a renewed effort, led by the multilateral development banks, to restore acceptable levels of external financing. (d) The crisis in sub-Saharan Africa 64. The Committee's last report called attention to the need for a special focus on the problems then looming in sub-Saharan Africa. 3/ By November 1984, the situation had so gravely deteriorated that we felt obliged to issue an urgent appeal for emergency relief as well as a major attack on the deeper sources of the problem. 4/ 65. The crisis in sub-Saharan Africa poses a special challenge to multilateral co-operation. In many countries, emergency situations prevail and, in large parts -13- of the region and in the lowest-income and least developed countries, development prospects seem bleak for some time to come. 66. The United Nations system is, in principle, well suited to respond to emergency situations, to identify the requirements and to fuse the efforts of bilateral donors and international agencies. The Secretary-General's initiative on 
analysis: The text primarily focuses on economic issues, specifically the need for sustainable non-inflationary growth, external debt management, and adequate financing for developing countries. The context also mentions humanitarian aid and relief in the context of the crisis in sub-Saharan Africa. However, the emphasis on economic development and financing suggests that economic development is the primary category.