A/RES/58/225 systems and commitment to an open, equitable, rule-based, predictable and nondiscriminatory multilateral trading and financial system, which are equally essential; 4. Stresses the need to address asymmetries in the current global system, including those related to the vulnerability of countries to external shocks, the concentration of technical innovation in industrialized countries and the limited international mobility of labour, as well as such issues as increasing the flow of foreign direct investment and enhancing the participation of developing countries in the world trading and financial systems; Welcomes the commitment by all countries to promote national and 5. global economic systems based on the principles of justice, equity, democracy, participation, transparency, accountability and inclusion, as contained in the Monterrey Consensus of the International Conference on Financing for Development; 6 6. Strongly urges the international community to take all necessary and appropriate measures, including support for structural and macroeconomic reform, foreign direct investment, enhanced official development assistance, the search for a durable solution to the external debt problem, market access, capacity-building and the dissemination of knowledge and technology, in order to achieve sustainable development and promote the participation in the global economy of all African countries, as well as the least developed countries, the landlocked developing countries and small island developing States; Stresses that, in the increasingly globalizing interdependent world 7. economy, a holistic approach to the interconnected national, international and systematic challenges of financing for development, namely, sustainable, gendersensitive and people-centred development, is essential in order to open up opportunities for all and to ensure that resources are created and used effectively, and that solid and accountable institutions are established at all levels; Also stresses the special importance of creating an enabling international 8. economic environment through strong cooperative efforts by all countries and institutions to promote equitable economic development in a world economy that benefits all people, and in that context invites developed countries, in particular the major industrialized countries, which have significant weight in influencing world economic growth, when formulating their macroeconomic policies, to take into account whether the effects of those policies in terms of the external economic environment would be favourable to growth and development; Encourages all countries to consider, in the context of existing regional 9. or subregional arrangements, reviewing the contribution of their national financial, trade, debt relief and other policies to the realization of agreed development goals and commitments; 10. Reaffirms the significant importance of an open, universal, equitable, rule-based, predictable, non-discriminatory and balanced multilateral trading system in pursuit of sustained economic growth, poverty eradication and sustainable development, as set out in the United Nations Millennium Declaration;1 11. Stresses the need to promote corporate responsibility and accountability, including through the full development and effective implementation of _______________ 6 Report of the International Conference on Financing for Development, Monterrey, Mexico, 18-22 March 2002 (United Nations publication, Sales No. E.02.II.A.7), chap. I, resolution 1, annex. 3