TitleTowards a durable solution of external debt problems : resolution / adopted by the General Assembly.
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Stresses that a durable solution to the debt problems and the revival of growth and sustained development in the developing countries requires, inter alia, the following: (a) all Governments should work towards a more open international trading system; (b) increased efforts should be directed to the diversification of exports of developing countries; (c) external resources should be increased to complement domestic measures conducive to capital formation in developing countries; (d) industrialized countries should intensify efforts to continue structural adjustment, maintain the vigour of their expansion while reducing and/or containing inflation; recognizes that the external indebtedness of some other countries with serious debt-servicing problems give rise to considerable concern and invites all those involved to take into account the provisions of the present resolution in working towards a growth-oriented solution to the external debt problem.
Adopted at the 85th plenary meeting, 22 Dec. 1989. In: Resolutions and decisions adopted by the General Assembly during its 44th session, Volume 1, 19 September-29 December 1989. - A/44/49. - 1990. - p. 128-129. - (GAOR, 44th sess., Suppl. no. 49).