text: causinq a haemorrhaqinq of the money that developing countries need for their own economies, to such an extent that the developing world has become a provider of capital to the well-off countries, a record fiqure of more than $30 billion - $37 billion in 1989-in net capital transfers is seen each year. The developing countries find themselves in a vicious circle. They do not know how to throw off their infernal yoke and beqin a true partnership based on trust and the protection of mutual interests. We must do away with this anachronism to bring about prosperity, well-beinq and an improvement in the quality of 1i fe for all the peoples of the world. The solidarity of all the peoples of planet Earth should overcome the selfishness of some and bring about the triumph of reason, understanding between peoples and co-operation in the full meaninq of the word. Of all the continents represented here, Africa is the one that Presents a picture of a worryinq economy, because its economic qrowth is mortqaqed by the weight of its foreiqn debt and the clear absence of political will on the part of the well-off countries to enqaqe in fruitful co-operation with the States of Africa. In 1989, as in 1988, the countries of sub-Saharan Africa transferred more than $5 billion to countries outside the area -nearly 4 per cent of their qross domestic product, and in 1989 the increased international interest rates inflated interest payments to service the debts owed to commercial banks. Durinq the same period very few new loans were made by those banks to the African countries; in other words, there was very little transfer of capital from the well-off countries to the developinq countries. My country, Zaire, paid back $1.26 billion on its external debt durinq that period. JP/jq A/S-18/PV. 4 124-125 
analysis: The text discusses the issue of developing countries being unable to develop their economies due to debt and lack of cooperation from wealthy countries. It highlights the burden of foreign debt on African countries, particularly in sub-Saharan Africa, and how this affects their ability to invest in their own economies. The text also touches on the need for cooperation and solidarity among nations to overcome these issues. Given the focus on economic development, debt, and international cooperation, it is likely that the text falls under the category of economic development.