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Resolution 1 The economic recovery and development of Africa has been a priority concern for the United Nations since the mid-1980s when the United Nations Programme of Action for African Economic Recovery and Development 1 was launched In addition the United Nations-New Agenda for the Development of Africa in the 1990s 2 which followed in 1991 and the United Nations Systemnwide Special Initiative for the Implementation of the United Nations-New Agenda for the Development of Africa in the 1990s combined with other activities in the areas of peacemaking and peacekeeping and humanitarian assistance to further emphasize the commitment of the international community and the United Nations to help create an enabling environment for development 2 In considering the item entitled Development of Africa implementation and coordinated follow-up by the United Nations system of initiatives on African development during its coordination segment of 1999 the Economic and Social Council reaffirms the importance of United Nations participation in the development of Africa and underscores its intention to ensure that all United Nations initiatives on Africa and those of other multilateral and bilateral donors are maximized for the benefit of the African people 3 The Council again welcomes the report of the Secretary-General on the causes of conflict and the promotion of durable peace and sustainable development in Africa A52871-S1998318 The Council restates its strong support for the link made by the Secretary-General in his report between peace democracy human rights and development The Council reiterates the importance of a stable and predictable political and economic environment for local and foreign investment and other international financial flows which remain essential for Africas economic and social development 4 The Council takes note of the recent spurt of economic growth and development in Africa While recognizing the fact that the recent gains made by African countries are grounded in economic and political reforms the Council recognizes their fragility particularly against the backdrop of still vastly underdeveloped human
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