text: Committee also recommends an urgent review of the adequacy and conditions of International Monetary Fund (IMF), World Bank and other sources of finance for the future stabilization of the economies of low-income countries of Africa. -30- Notes a/ Statement issued by the Committee for Development Planning at the conclusion of the first part of its twenty-first session, at Geneva, 21 November 1984. -31- POPULATION (Miliaria) Data: United Nations. FOOD TEEMS• OF TRADE * (IruUs 197S - 100) ao - 70 - i i i i I 197 9 raw * tadatdaa oil—tjpoi tUtg csmntrims Data: United Hations. NET CAPITAL FLOWS (Billions of United States dollars) Data: World Bank. Projected annual average -33- Annex II STATEMENT BY THE CHAIRMAN OF THE COMMITTEE AT THE OPENING OF ITS RESUMED TWENTY-FIRST SESSION a/ 1. When we met last at Geneva, five months ago, the vigour of the United States and Japanese recovery held out some hope to the world of more widespread and sustainable growth. The more cautious views expressed at our Meeting then and at our twentieth session a year ago, and the continuing dangers we highlighted on those occasions have, however, proved more durable. Thus, even before Western Europe and most developing countries have begun to show buoyancy, the downturn in the United States has led to projections of lower growth in the world economy in 1985 and 1986 than the modest levels achieved in 1984. 2. Behind this overall outlook are developments which are not reassuring. Investment continues to be restrained by interest rates, which remain extremely high in real terms. And the main cause of those high rates - the large United States budget deficit - offers no promise of early significant reduction. 3. In the meantime, the high interest rate attracts into the United States 
analysis: The text appears to be discussing global economic issues, specifically the review of international financial institutions and the outlook for the world economy. It mentions interest rates, budget deficits, and investment, which are all key economic indicators. The text also references the economies of low-income countries in Africa, suggesting that economic development is a concern.