A/RES/71/162 Implementation of the outcome of the World Summit for Social Development and of the twenty-fourth special session of the General Assembly 10. Notes with appreciation the adoption of Agenda 2063 by the Assembly of Heads of State and Government of the African Union at its twenty -fourth ordinary session, held in Addis Ababa on 30 and 31 January 2015, as the African Union longterm strategy emphasizing industrialization, youth employment, improved natural resource governance and the reduction of inequalities; 11. Acknowledges that the first United Nations Decade for the Eradication of Poverty (1997–2006), launched after the World Summit for Social Development, provided the long-term vision for sustained and concerted efforts at the national and international levels to eradicate poverty; 12. Recognizes that the implementation of the commitments made by Governments during the first Decade fell short of expectations, and recalls the proclamation of the Second United Nations Decade for the Eradication of Poverty (2008–2017) by the General Assembly in its resolution 62/205 of 19 December 2007 in order to support, in an efficient and coordinated manner, the internationally agreed development goals related to poverty eradication, which include the Sustainable Development Goals; 13. Emphasizes that poverty eradication policies should tackle poverty by addressing its root and structural causes and manifestations, and that equity, inclusivity, the reduction of inequalities and the empowerment of the poor need to be incorporated into those policies; 14. Reaffirms that each country has the primary responsibility for its own economic and social development and that the role of national policies and development strategies cannot be overemphasized, and underlines the importance of adopting effective measures, including new financial mechanisms, as appropriate, to support the efforts of developing countries to achieve sustained economic growth, sustainable development, poverty eradication and the strengthening of their democratic systems; 15. Stresses the importance of the policy space and leadership of national Governments for implementing policies for poverty eradication and sustainable development, while remaining consistent with relevant international rules and commitments, in particular in the areas of social expenditure and social protection programmes, and calls upon international financial institutions and donors to support developing countries in achieving their social development, in line with their national priorities and strategies by, among other things, providing debt relief within the context of the implementation of the 2030 Agenda for Sustainable Development; 16. Also stresses that an enabling environment is a critical precondition for achieving equity and social development and that, while economic growth is essential, entrenched inequality and marginalization are an obstacle to the broad based and sustained growth required for sustainable, inclusive and people -centred development, and recognizes the need to balance and ensure complem entarity between measures to achieve growth and measures to achieve economic and social equity and inclusion in order for there to be an impact on overall poverty levels; 17. Further stresses that stability in global financial systems and corporate social responsibility and accountability, as well as national economic policies that have an impact on other stakeholders, are essential in creating an enabling international environment to promote economic growth and social development; 6/14

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