text: It is against the background of all those continuing changes that the holding of the special session at this time marks a historically important turning-point in international economic relations among nations. The problems confronting us in the world economy have been clearly identified and documented from numerous sources and are well known to all of us. In his report 1 the Secretary-General has correctly pointed out that "The negative trends in the world economy ••• are likely to persist in the years ahead unless decisive remedial steps are taken promptly 1 both nationally and internationally". (A/AC. 233/5, p.l4) Rt>t/10 A/S-18/PV. 6 41 (Mr. Obure, Kenya) Solutions to the world economic problems are, however, within reach of the international community through co-operation. What is urgently needed is the political will to take decisive action. The challenge before us has been clearly spelled out in the annex to General Assembly decision 43/460. That decision states that the special session devoted to international economic co-operation, and in particular to the revitalization of economic growth and development of the developing countries, must "endeavour to embody new approaches and reflect a new spirit in international co-operation" to ensure that global economic growth is sustained and that its benefits are shared more broadly among countries and peoples. During the decade of the 1980s that has just ended growth in the world economy was both below its potential and slower than in the two previous decades. Growth was erratic over time and even among countries, a phenomenon that partly explains the source of the inability of the world economy to realize its full POtential. The slCM Performance and uneven distribution of g rCMth also reduced the attention given to human-needs aspects, thereby affecting development in many countries. The developed market economies had a seven-year, uninterrupted period of 
analysis: The text primarily focuses on the current state of the world economy, the challenges it faces, and the need for international cooperation to address these issues. It highlights the importance of revitalizing economic growth and development, particularly for developing countries. The text does not mention specific natural resources, agriculture, forestry, fishing, industry, transport, communication, health, education, employment, humanitarian aid, or culture. It is more concerned with the macroeconomic aspects of the world economy, making international trade and economic development the most relevant categories.