Accelerated Flow of Capital and Technical Assistance to the Developing Countries

A/RES/1522(XV)No PDF available

Who created this mandate?

A Resolution of the General Assembly, published in 1961.

What other versions does this mandate have?

2 versions · 1961–1964

This is an older version — the most recent is A/RES/1938(XVIII)

1964A/RES/1938(XVIII)Accelerated flow of capital and technical assistance to the developing countriesLatestCompare with previous version
1961A/RES/1522(XV)Accelerated flow of capital and technical assistance to the developing countries

Versions are identified automatically by matching titles within the same organ (~97% accuracy on a manual audit).

What subjects does this mandate have?

4 topics

Balance of Payments Capital Movements Least Developed Countries Technical Cooperation

What does this mandate say?

4 operative paragraphs

Expresses the hope that the flow of international assistance and capital should be increased substantially so as to reach as soon as possible approximately 1 per cent of the combined national incomes of the economically advanced countries;

Urges that, while the flow of capital and technical assistance to the under-developed countries could be through public or private channels, whether bilaterally, multilaterally or through international organizations, an appropriate part thereof should be channelled through the United Nations and the specialized agencies, and in such a manner as not to bear heavily on the future balance of payments of the less developed countries ;

Recommends that all States Members of the United Nations and members of the specialized agencies, economically advanced as well as under-developed, take such measures as may be appropriate both to accelerate the flow of capital and technical assistance and to ensure its effective utilization ;

Requests the Secretary-General to report annually to the General Assembly through the Economic and Social Council on the progress made towards the objectives of the present resolution, taking into account Assembly resolution 1034 (XI) of 26 February 1957 and Council resolution 780 ( XXX) of 3 August 1960.

15 December 1960.

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