text: problems remain without the major international effort required. The World Bank has been able to achieve its target of $1 billion for its Special Facility for sub-Saharan Africa. But the target itself, influenced by the unpropitious aid environment, was set at a very modest level in relation to needs and not all the funds are additional or represent multilateral provision. 10. African Governments are themselves making a tremendous effort. They recognize that, while adverse international circumstances and drought have contributed greatly to their problems, there are serious longer-term problems of economic management, deforestation, desertification and population control with which they must grapple. Those efforts need assistance and support from the international community especially because of the scale of the problems and their urgency. It must be a continuing task of this Committee to contribute to the major adjustment and restructuring task which must be accomplished. 11. I have touched on the evolving world situation not only because it is our continuing task to monitor developments, but the problems highlighted also have an important bearing on the topic on which we have chosen to focus this year - multilateral co-operation. It seems to me that many of the major problems facing the world today, including many of the constraints to recovery, have either a strong international dimension or roots in our inadequate and ill-adapted multilateral co-operation. High interest rates, protectionism, negative resource flows to developing countries, an unbalanced adjustment process, deforestation and desertification are all examples. 12. poor adaptation to changes in the world economy are an important part of the problem of multilateral co-operation. But we must be careful not to neglect other aspects of the problem. Political will, perceptions of the value of multilateral co-operation, power relations and faded support for institutions and rules that have proved their worth are all significant factors. In dealing with this subject, 
analysis: The text primarily discusses the challenges and efforts related to economic development in sub-Saharan Africa, highlighting the need for international cooperation and support. It also touches on the global economic situation and its impact on developing countries, as well as the importance of multilateral cooperation to address common problems. While environmental issues like deforestation and desertification are mentioned, they are not the main focus of the text.