Committee evaluates African recovery and sets 'New Agenda.' (United Nations Ad Hoc Committee of the Whole of the General Assembly)A new plan for African recovery efforts was formulated by the Ad Hoc Committee ad hoc committee A committee formed with the purpose of addressing a specific issue or issues, which theoretically is disbanded once its raison d'etre is finished of the Whole of the General Assembly, which met in the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of from 3 to 14 September to conduct the final review and appraisal of the five-year UN Programme of Action for African Economic Recovery and Development 1986-1990. The United Nations New Agenda for the Development of Africa in the 1990s was adopted by consensus ad referendum and recommended for approval by the Assembly later this year. The Committee also completed a 44-paragraph assessment of the implementation of the original Programme of Action. Acknowledging, along with other critics, that that Programme had been too optimistic op·ti·mist n. 1. One who usually expects a favorable outcome. 2. A believer in philosophical optimism. op , the Committee noted that targets for growth, food security, human investment and debt reduction had been missed, and declines rather than hoped-for-increases had been recorded by many States and for Africa as a whole. Nevertheless, in the Committee's view, the Programme "was far from being a failure." It had focused the attention of African and other Governments on the basic economic, human and governance problems of Africa. "As a result, the economic decline afflicting af·flict tr.v. af·flict·ed, af·flict·ing, af·flicts To inflict grievous physical or mental suffering on. [Middle English afflighten, from afflight, Africa from 1981 to 1985 was slowed and, in many countries, halted." During debate, it was apparent that representatives of African States and their development partners were often deeply divided over the assessment of the Programme's results and future measures to be taken. In the New Agenda, remedies are prescribed pre·scribe v. pre·scribed, pre·scrib·ing, pre·scribes v.tr. 1. To set down as a rule or guide; enjoin. See Synonyms at dictate. 2. To order the use of (a medicine or other treatment). for conditions in what the Committee predicted would become "the most afflited region in the world" by 1995 if present trends hold. To avoid that and place the continent on a path to growth, the three-part plan recognizes the necessity for a new and stronger accord between Africa and the international community, and elaborates on what Africa and the developed countries commit themselves to do. Innovative measures In particular, the New Agenda calls for "innovative and bold measures" to tackle Africa's external debt, which exceeded $270 billion on 1990 and requires over 30 per cent of the continent's exports to service. The Committee noted that donor countries had already cancelled or rescheduled some African debt, and an appeal was made to the international community to undertake further measures. These include the write-off private commercial debt, debt-equity swaps, debt buybacks, and debt for environment schemes. An international conference on Africa's external indebtedness was also proposed. In his report, the Secretary-General noted that over the last five years, economic and social conditions in Africa had actually worsened, despite the "many far-reaching actions and reforms undertaken by African countries, including notable progress towards democratization de·moc·ra·tize tr.v. de·moc·ra·tized, de·moc·ra·tiz·ing, de·moc·ra·tiz·es To make democratic. de·moc ". Although economic output had grown on average by 2.3 per cent, gross domestic product in per capita [Latin, By the heads or polls.] A term used in the Descent and Distribution of the estate of one who dies without a will. It means to share and share alike according to the number of individuals. terms fell by 0.7 per cent. The causes of such poor performance, he reported, were falling commodity prices and reduced export earnings, "a crippling crip·ple n. 1. A person or animal that is partially disabled or unable to use a limb or limbs: cannot race a horse that is a cripple. 2. A damaged or defective object or device. tr.v. debt and debt-servicing burden", and inadequate net resource flows. Continuing drought, political instability, civil strife, military conflicts, weak institutions and ineffective policies to utilize domestic resources were both cause and consequence. He cited a target of 6 per cent annual growth rate to be achieved by Africa's economies during the 1990's, an objective affirmed af·firm v. af·firmed, af·firm·ing, af·firms v.tr. 1. To declare positively or firmly; maintain to be true. 2. To support or uphold the validity of; confirm. v.intr. in the New Agenda. Both development assistance and debt reduction would be needed, the Secretary-General stated. African debt was of "little value to its creditors", but a major obstacle to Africa's recovery, and nothing woudl better demonstrate the international community's concern for Africa "than a bold action on debt relief". The New Agenda also calls for aggressive action regarding inadequate resource flows to the continent and insufficient commodity diversification Diversification A risk management technique that mixes a wide variety of investments within a portfolio. It is designed to minimize the impact of any one security on overall portfolio performance. Notes: Diversification is possibly the greatest way to reduce the risk. . To remedy the latter, the Agenda proposes a feasibility study "A Feasibility Study" is an episode of the original The Outer Limits television show. It first aired on 13 April, 1964, during the first season. It was remade in 1997 as part of the revived The Outer Limits series with a minor title change. on the estblishment of an African diversification fund. African nations, in turn, would commit themselves to: structural reforms of their economies; democratization of development; creation of an environment attractive to foreign and domestic investment; and improvement in human rights, among other policies. With a mid-term review of the New Agenda proposed for 1996, two high-level Economic and social Council sessions--in 1995 and in 1998--are to be devoted to the plan and a final review by the General Assembly is slated for the year 2000. A unique call for help The original five-year Programme of Action to revitalize re·vi·tal·ize tr.v. re·vi·tal·ized, re·vi·tal·iz·ing, re·vi·tal·iz·es To impart new life or vigor to: plans to revitalize inner-city neighborhoods; tried to revitalize a flagging economy. and develop the economies of Africa was adopted at the thirteenth special session of the Assembly (27 May-1 June 1986, New York). It addressed the continent's critical needs in the aftermath of continuing crises resulting from severe drought, civil strife, crumbling economic infrastructures and other factors. The special session was proposed by African Heads of State themselves, and was the first ever devoted to the problems of a single region. Crucial priority areas addressed included: agriculture and such agricultural-support sectors as transportation and distribution; drought and desertification desertification Spread of a desert environment into arid or semiarid regions, caused by climatic changes, human influence, or both. Climatic factors include periods of temporary but severe drought and long-term climatic changes toward dryness. and other environmental factors; human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. , including education, the "brain drain brain drain n. The loss of skilled intellectual and technical labor through the movement of such labor to more favorable geographic, economic, or professional environments. " and the role of women and youth; and policy reforms, including management of economies and population problems. The Programme provided an analysis of Africa's critical economic situation; an inventory of objectives and costs of specific action-oriented measures to be taken at national, sub-regional and regional levels; suggestions for international commitments, including debt constraints and South-South cooperation; and follow-up and evaluation machinery. Full implementatin of the original programme was expected to require $128.1 billion over the five-year period, with African nations to provide $82.5 billion. Approximately $46 billion was to come from "external resources". |
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