A/RES/624(VII) GA

16 General Auembly-Seventh Sea.Ion nations and for the nations in the process of develop- ment to encourage the formation of appropriate do- mestic savings in the latter, 1. Recommends to Member States that : (a) Whenever governments adopt measures affect- ing the prices of primary commodities entering inter- national trade, they should duly consider the effect of such measures on the terms of trade of countries in the process of development, in order to ensure that the prices of primary commodities are kept in an ade- quate, just and equitable relation to the prices of capi- tal goods and other manufactured articles so as to permit the more satisfactory formation of domestic savings in the countries in the process of development and to facilitate the establishment of fair wage levels for the working populations of these countries with a view to reducing the existing disparity between their standards of living and those in the highly industrial- ized countries ; (b) Without prejudice to the recommendation con- tained in sub-paragraph (a) above, their governments should give serious consideration to all other aspects of the problem of undue fluctuations in the terms of trade; (c) Their governments should intensify their ef- forts to reduce restrictions on imports of primary com- modities; 2. Recommends that governments co-operate in es- tablishing multilateral as well as bilateral international agreements or arrangements relating to individual primary commodities as well as to groups of primary commodities and manufactured goods, for the pur- pose of: .!~L Ensuring the stability of the prices of the said ~odities in keeping with an adequate, just and eauitable relationship between these prices and those of l·-goods and other manufactured articles; C" ) " Safeguarding the continuity of the economic ~ __ , ocial progress of all countries, those producing as. well as those consuming raw materials ; 3. Recommends that the countries in the process of development should adopt and give effect to na- tional programmes of integrated economic develop- ment conducive to the rational utilization of the pro- ceeds of their primary activities, the absorption of their surplus active ~pulation and the improvement of their standards of bving ; 4. Requests the Secretary-General to include in the study being prepared in compliance with Economic and Social Council r~solution 427 ( XIV) an estimate of the financial repercussions which changes in the terms of trade between primary commodities and capital goods and other manufactured articles produce on the national incomes of countries in the process of develop- ment, and an analysis of the distribution of those in- comes; 5. Furlh,r requests the Secretary-General to pre- pare, for submission to the Economic and Social Coun- a1 and to the General Assembly, a study on the impact of important synthetic products on the demand for natural primary products entering international trade; 6. Further requests the Secretary..General to ap- point a small group of experts of recognized authority on the subject to prepare, during 1953, a report on such practical measures as it may be advisable to adopt pursuant to the recommendations contained in sub- paragraphs (a) and ( b) of paragraph 1, and in para- graphs 2 and 3 of the present resolution, the report to be issued on the responsibility of the group of experts and to be transmitted to the General Assembly to- gether with the Economic and Social Council's views thereon; 7. Further requests the Secret.,.: y-General to place at the disposal of the group of experts mentioned in the preceding paragraph the records of the discussions on this item during the seventh session of the General Assembly. 411th plenary meeting, 21 December 1952. 624 (VD). Migration and economic development The General Assembly, Considering that the under-developed countries vary considerably in density of population, Considering that in many of these and other coun- tries, owing to the insufficiency of suitable land and of opportunities of employment, over-population is re- flected in unemployment, under-employment, poverty and under-consumption, Considering further that, in many countries with vast areas of cultivable land, sparseness of population and inadequacy of capital have been factors retarding economic development, Noting that the Director-General of the International Labour Office in his reports I to the Economic and Social Council deals with the International Labour Organisation's proposal for further action regarding methods of assisting European migration, 1. Recommends Member States and non-member States, classified variously as countries of emigration and of immigration, to conclude bilateral or multilat- eral agreements with a view to the equipment, transfer and resettlement of groups of emig·rants, without racial or religious discrimination, as a part of their general economic development ; 2. Re~uests the Secretary-General, the specialized agencies, m particular the International Bank for Re- construction and Development, and other interested international organizations to continue their active co- operation in the equipment, transfer and technical training of groups of emigrants in the countries of emi- gration or immigration or both, by rendering such economic, financial or administrative assistance as is consistent with their respective constitutional provi- sions. 411th plenary meeting, 21 December 1952. 1 See Official Records of lht EconoMic and Social C011,u:il, Fourttnstli Sts.tioff, Annt.s-ts, document' E/223S and mimeo- graphed document E/22.lS/ Add. l.

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