text: repayment problems. The size of the debts is such that the pos­ sibility of default by one or more major debtor nations is a serious threat to the stability of the international financial system. 18. \vhile developinq countries are encounterinq increasinq difficulties in securinq finance, official developmect assistance ( ODA) is t>einq cut back. Accor<Ji nq to the World Bank, in 1981 ODA flows from OECD countries fell to$ 25.5 billion compared with $27.5 billion in 1980. At constant 1978 prices, this represented a fall of 6.6 per cent compared with a qrowth rate of 4.8 per cent in 1975-1980. ODA flows represented only 0.35 per cent of the GNP of OECD countries, fallinq well short of the objective of at least 0.7 per cent set by the United Nations in jts Develop­ ment Strateqy for the 1980s. OPEC countries increased their aid fl0111s, but by a much smaller percentaqe than previously: their ODA flows qrew by 14.3 per cent after 32.4 per cent in 1980, and dropped to 1.47 per cent of GNP followinq 1.51 per cent in 1980 and a peak of 2.59 per cent in 1975. 19. The broad ranqe of development issues were examined by the annual meetinq of H1F and the World Bank which took place in Toronto in September 1982. Recoqnizinq the seriousness of the 14 E/ECA/CM.9/5 financinq problems met by developinq countries and many others, the meetinq aqreed to increase IMF quotas to enable the Fund to meet the balance-of-payments needs of its members and avert major difficulties in the world financial system. H~~ever, there was disaqreement over the size of the additional resources to be given to the Fund. Ccuntries like the United States were con­ cerned about the inflationary effect of new liquidity, and in­ sisted on the need for all countries tc adjust their internal 
analysis: The text discusses the financial struggles of developing countries, the reduction of official development assistance (ODA), and the impact on the international financial system. It also touches on the topic of increasing IMF quotas and the concerns of some countries about inflation. These themes suggest that the text is primarily related to economic development and international finance.