resolutions

Sample Resolutions:

Multilateral Debt Relief for Severely Indebted Countries

Committee: Joint Ministerial Meeting of the International Monetary Fund and

the World Bank

Subject: Multilateral Debt Relief for Severely Indebted Countries

Sponsored by: Libya

The General Assembly:

(1) Recalling its resolutions 1997/60 of 25 July 1997, 49/110 of 19 December 1994,

(2)50/107 of 20 December 1995, 51/178 of 16 December 1996 and 52/193 of 12

(3)February 1998 related to the observance of the United Nations decade of for the

(4)Eradication of Poverty (1997-2006) calling for the eradication of poverty from the

(5)world as a ethical, social, political and economic imperative.

(6)

(7)Recalling its resolution 52/187 of 4 February 1998 regarding the Implementation of

(8)the Programme of Action for the Least Developed Counties for the 1990s, highlighting

(9)the difficulties least developed counties must overcome.

(10)

(11)Taking in to account its resolution 52/185 of 4 February 1998 calling for effective,

(12)equitable, development orientated solutions to external problems of the least

(13)developed countries.

(14)

(15)Realizing one of the biggest problems facing least developed countries is debt

(16)and interest repayment.

(17)

(18)Realizing that over the years the institutions of the International Monetary Fund and

(19)the World Band have sought to solve the problem of least developed nations by

(20)placing least developed nations deeper into debt.

(21)

(22)Noting with regret that many nations of this world are at the mercy of foreign

(23)investment and international aid.

(24)

(25) 1. Calls upon all members of the United Nations to work towards the goal of

(26) Resolutions 1997/60, 49/110, 50/107, and 52/193 calling for eradication of poverty.

(27)

(28) 2. Draws attention to its resolution 52/185 and 52/187 highlighting the economic (29)hardships and difficulties of developing and impoverished nations of this world.

(30)

(31) 3. Declares accordingly that the International Monetary Fund and the World Bank

(32)should forgive, unconditionally, all debts of severely impoverished nations in the

(33)interests of making the eradication of poverty a reality.

Multilateral Debt Relief for Severely Indebted Countries

Committee: Joint Ministerial Meeting of the International Monetary Fund and

the World Bank

Subject: Multilateral Debt Relief for Severely Indebted Countries

Sponsored by: Libya

The General Assembly:

(1) Recalling its resolutions 1997/60 of 25 July 1997, 49/110 of 19 December 1994,

(2)50/107 of 20 December 1995, 51/178 of 16 December 1996 and 52/193 of 12

(3)February 1998 related to the observance of the United Nations decade of for the

(4)Eradication of Poverty (1997-2006) calling for the eradication of poverty from the

(5)world as a ethical, social, political and economic imperative.

(6)

(7)Recalling its resolution 52/187 of 4 February 1998 regarding the Implementation of

(8)the Programme of Action for the Least Developed Counties for the 1990s, highlighting (9)the difficulties least developed counties must overcome.

(10)

(11)Taking in to account its resolution 52/185 of 4 February 1998 calling for effective, (12)equitable, development orientated solutions to external problems of the least (13)developed countries.

(14)

(15)Realizing one of the biggest problems facing least developed countries is debt

(16)and interest repayment.

(17)

(18)Realizing that over the years the institutions of the International Monetary Fund and

(19)the World Band have sought to solve the problem of least developed nations by

(20)placing least developed nations deeper into debt.

(21)

(22)Noting with regret that many nations of this world are at the mercy of foreign

(23)investment and international aid.

(24)

(25) 1. Calls upon all members of the United Nations to work towards the goal of

(26) Resolutions 1997/60, 49/110, 50/107, and 52/193 calling for eradication of poverty.

(27)

(28) 2. Draws attention to its resolution 52/185 and 52/187 highlighting the economic

(29)hardships and difficulties of developing and impoverished nations of this world.

(30)

(31) 3. Requests the International Monetary Fund and the World Bank reconsider their

(32)lending and debt repayment polices.

(33)

(33)4. Calls for a special commission to study and recommend ways in which the nations

(34)of this planet can help ease the hardships of least developed nations through

(35)technology transfer, infrastructure improvement, trade and monetary aid.

Managing the Global Capital Market

Committee: Joint Ministerial Meeting of the International Monetary Fund and

the World Bank

Subject: Managing the Global Market

Sponsored by: Libya

The General Assembly:

(1)Recalling its resolution 52/186 of 4 February 1998 calling for the strengthening of

(2)international economic cooperation for development through partnership.

(3)

(4)Recalling its resolution 52/193 of 12 February 1998 recalling the goal of poverty

(5)eradication from the world.

(6)

(7)Remembering its resolution 52/180 of 14 January 1998 Global financial flows and

(8)their impact on the developing countries.

(9)

(10)Noting that the global market has seen substantial changes in recent years.

(11)

(12)Noting that the amount of capital investments are of very large quantities and have

(13)extreme effects on developing nations.

(14)

(15)Keeping in mind that disastrous effects can occur when large investments are

(16)suddenly removed from a small economy.

(17)

(18)Convinced that some action must be taken to protect developing and impoverished

(19)countries from exploitation by large economic powers.

(20)

(21) 1. Urges that members of the United Nations work to develop limits on the amount

(22)of investment that multinational corporation and countries can make in developing

(23)and impoverished nations.

(24)

(25) 2. Further resolves that developed nations be observed to make sure that they are

(26)working to help developing and impoverished nations develop, not just exploiting

(27)cheaper labor and resources.

(28)

(29) 3. Encourages firm sanctions against countries that do not comply with this

(30)resolution.

Managing the Global Capital Market

Committee: Joint Ministerial Meeting of the International Monetary Fund and

the World Bank

Subject: Managing the Global Market

Sponsored by: Libya

The General Assembly:

(1)Recalling its resolution 52/186 of 4 February 1998 calling for the strengthening of

(2)international economic cooperation for development through partnership.

(3)

(4)Recalling its resolution 52/193 of 12 February 1998 recalling the goal of poverty

(5)eradication from the world.

(6)

(7)Remembering its resolution 52/180 of 14 January 1998 Global financial flows and

(8)their impact on the developing countries.

(9)

(10)Noting that the global market has seen substantial changes in recent years.

(11)

(12)Noting that the amount of capital investments are of very large quantities and have

(13)extreme effects on developing nations.

(14)

(15)Keeping in mind that disastrous effects can occur when large investments are

(16)suddenly removed from a small economy.

(17)

(18)Convinced that some action must be taken to protect developing and impoverished

(19)countries from exploitation by large economic powers.

(20)

(21) 1. Urges that members of the United Nations work to develop limits on the amount

(22)of investment that multinational corporation and countries can make in developing

(23)and impoverished nations.

(24)

(25) 2. Further resolves that developed nations be observed to make sure that they are

(26)working to help developing and impoverished nations develop, not just exploiting

(27)cheaper labor and resources.

(28)

(29) 3. Encourages limitations on the amount that western countries and multinational

(30)corporations can invest in least developed nations without consorted efforts to

(31)improve the infrastructure and education of the country in which the investment is

(32)made.

(33)

(34) 4. Calls upon all the members of the UN to join together to make binding

(35)resolutions in the Security Counsel.

Institutional Reform

Committee: Joint Ministerial Meeting of the International Monetary Fund and

the World Bank

Subject: Institutional Reform

Sponsored by: Libya

The General Assembly:

(1)Realizing that the International Monetary Fund and the World Bank were

(2)organized at Bretton-Wood over fifty years ago.

(3)

(4)Remembering that these institutions were created by Western industrialized nations to

(5)rebuild Germany’s and Japan’s economies.

(6)

(7)Convinced that the institutions were not intended to provide economic support and

(8)growing in impoverished and developing nations.

(9)

(10)Recognizing that the International Monetary Fund and World Band have become

(11)tools of the western powers to exploit the impoverished and developing nations.

(12)

(13)Aware of the fact that the system of “one dollar one vote” helps perpetuate the

(14)exploitation of impoverished and developing nations.

(15)

(16)Emphasizing that impoverished and developing nations need institutions that will

(17)support them and help them develop.

(18)

(19)Aware that new regional finical institutions have developed over the past two

(20)decades.

(21)

(22)Convinced that these institution can provide a better foundation of lenders

(23)based on regional economic, political and social ties.

(24)

(25) 1. Resolves that the United Nations works to bring an end to the unjust practices

(26)of the IMF and World Bank.

(27)

(28) 2. Recommends that the institutions of the International Monetary Fund and World (29)Bank be discontinued.

(30)

(31) 3. Accepts that regional finical institution can provide for a more helpful and

(32)better growth environment.

(33)

(34) 4. Expresses hope that the exploitation of impoverished and developing nations will

(35)no longer happen.

Institutional Reform

Committee: Joint Ministerial Meeting of the International Monetary Fund and

the World Bank

Subject: Institutional Reform

Sponsored by: Libya

The General Assembly:

(1)Realizing that the International Monetary Fund and the World Bank were

(2)organized at Bretton-Wood over fifty years ago.

(3)

(4)Remembering that these institutions were created by Western industrialized nations to

(5)rebuild Germany’s and Japan’s economies.

(6)

(7)Convinced that the institutions were not intended to provide economic support and

(8)growing in impoverished and developing nations.

(9)

(10)Recognizing that the International Monetary Fund and World Band have become

(11)tools of the western powers to exploit the impoverished and developing nations.

(12)

(13)Aware of the fact that the system of “one dollar one vote” helps perpetuate the

(14)exploitation of impoverished and developing nations.

(15)

(16)Emphasizing that impoverished and developing nations need institutions that will

(17)support them and help them develop.

(18)

(19)Aware that new regional finical institutions have developed over the past two

(20)decades.

(21)

(22)Convinced that these institution can provide a better foundation of lenders

(23)based on regional economic, political and social ties.

(24)

(25) 1. Resolves that the United Nations works to bring an end to the unjust practices

(26)of the IMF and World Bank.

(27)

(28) 2. Recommends that an international conference be conferred to discuss the validity

(29)of the International Monetary Fund and World Bank.

(30)

(31) 3. Further recommends that this conference make recommendations to the IMF and

(32)World Bank on reform issues.

(33)

(34) 4. Implores that the conference be equitable and fairly expresses the needs and

(35)concerns of the least developed and developing countries.