(c) Providing resources and technical assistance to developing countries and countries with economies in transition, in valuing and making visible women’s unpaid work. 21. The international community, in particular the creditor countries and international financial institutions, including the Bretton Woods institutions, should further pursue effective, equitable, development-oriented and durable solutions to the external debt and debt-servicing problems of the developing countries on the basis of existing debt relief and reduction mechanisms, including debt reduction, grants and concessional financial flows, in particular for the least developed countries, taking into account the negative effect of these issues on women and women’s programmes. 22. The funds, programmes and specialized agencies of the United Nations system, including the Bretton Woods institutions, and the World Trade Organization, within their respective mandates, should improve coordination and dialogue at all levels, including the field level, in order to ensure the effectiveness of their programmes and policies to support gender equality. 23. Development policies should focus on the economic empowerment of women. The interlinkage between national policies at the macrolevel and economic and social gender roles and relations at the microlevel should be clear in order to make the policies more effective. The impact on women of liberalization policies, which include privatization, financial and trade policies, should be assessed. 24. Governments should commit themselves to the goal of gender balance, with special emphasis on reaching a critical mass of women, as soon as possible, when nominating representatives to serve on governing bodies of the organizations of the United Nations system and intergovernmental bodies dealing with policymaking in the areas of finance, economic development, trade and commerce (for example, the Fifth Committee and Second Committee of the General Assembly, the Economic and Social Council, the Trade and Development Board, the Industrial Development Board and the General Council of the World Trade Organization). 25. The production and use of disaggregated statistics by sex should be promoted as a fundamental tool for monitoring the gender division of the labour market and the participation of women in high-level management positions, including economic decision-making, showing the advantages of women’s participation in top management and conversely the costs of their exclusion. With regard to the United Nations system, a special data section on women managers should be part of the 1998 synthesis report and the report on the status of the world’s women. This could serve as a special mechanism for monitoring how gender-balance goals are being achieved. 26. Issues such as the impact on women of structural adjustment and liberalization policies, which include privatization, financial and trade policies, should be further examined and could be taken up in the context of the report of the Secretary-General on the effective mobilization and integration of women in development, to be considered by the General Assembly at its fiftysecond session. 27. The international community, while strengthening international cooperation, should emphasize the importance of an open, rule-based, equitable, secure, non-discriminatory, transparent and predictable multilateral trading system that will also ensure the equal access of women to markets and technologies and resources at both the national and international levels. -16-

Select target paragraph3