The General Assembly,
Reaffirming its resolutions 47/175 and 47/187 of 22 December
1992 and 48/181 of 21 December 1993 and all its other relevant
resolutions,
Taking note of the relevant decisions of the Economic Commission
for Europe, namely, decisions B (49) and C (49) of 26 April 1994,
and the relevant resolutions of the Economic and Social Commission
for Asia and the Pacific, namely, 50/1 and 50/2 of 13 April 1994,
Taking note also of the report of the Secretary-General,
the Economic Survey of Europe in 1993-1994, the Economic and Social
Survey of Asia and the Pacific, 1993 and the World Economic and
Social Survey, 1994,
Noting the ongoing efforts of the International Monetary
Fund and the World Bank to encourage sound macroeconomic policies,
Reaffirming the need for the full integration of countries
in transition from centrally planned to market economies, as well
as all other countries, into the world economy, which is essential
to sustainable development,
1. Invites the United Nations system to continue its support
for the efforts of economies in transition as they transform their
economies and integrate them into the world economy through, inter
alia, adoption of the international standards and practices of
countries with market economies;
2. Welcomes the measures undertaken by the United Nations
system to strengthen its abilities in response to resolution 48/181
on the economies in transition, and calls upon the United Nations
system to continue to conduct analytical activities and to provide
policy advice and technical assistance to the economies in transition,
tailored to each country's respective stage of economic transformation;
3. Calls upon the United Nations system to continue studying,
within the scope of the implementation of the present resolution
and while continuing the existing cooperation with relevant international
institutions and entities, possible ways of enhancing economic
and technical cooperation among countries with economies in transition,
as well as with developing countries, identifying how the United
Nations system can strengthen cooperation while avoiding duplication,
with a view to encouraging greater participation by those countries
in the world economy;
4. Requests the Secretary-General to submit a report on
the implementation of the present resolution to the General Assembly
at its fifty-first session.
92nd plenary meeting
19 December 1994