A UNITED NATIONS General Assembly Distr. GENERAL A/RES/50/91 2 February 1996 Fiftieth session Agenda item 94 RESOLUTION ADOPTED BY THE GENERAL ASSEMBLY [on the report of the Second Committee (A/50/616)] 50/91. Global financial integration: opportunities challenges and The General Assembly, Reaffirming its resolutions S-18/3 of 1 May 1990, the annex to which contains the Declaration on International Economic Cooperation, in particular the Revitalization of Economic Growth and Development of the Developing Countries, and 45/199 of 21 December 1990, the annex to which contains the International Development Strategy for the Fourth United Nations Development Decade, and the Cartagena Commitment, 1/ adopted by the United Nations Conference on Trade and Development at its eighth session, Recalling its resolution 49/93 of 19 December 1994 on net flows and transfer of resources between developing and developed countries, Stressing the importance at the national level in the countries concerned of a favourable climate for private financial flows, sound macroeconomic policies and appropriate functioning of markets, Recognizing that the international community should continue to give strong support to the efforts of the developing countries to solve their grave economic and social problems as well as to promote a favourable climate for private financial flows through the creation of a favourable international economic environment, Noting with satisfaction that the process of economic growth, in a 1/ See Proceedings of the United Nations Conference on Trade and Development, Eighth Session, Report and Annexes (TD/364/Rev.1) (United Nations publication, Sales No. E.93.II.D.5), part one, sect. A. 96-76363 /...