Requests the Economic and Social Council to give prompt and serious consideration, at its thirty-seventh session, to the establishment of a standing committee or any other appropriate machinery, in accordance with Article 68 of the Charter of the United Nations and in the light of the relevant decisions of the United Nations Conference on Trade and Development, to keep under constant and systematic review, against the background of total capital resources, the inflow of international assistance and development capital to the developing countries, as well as the outflow of capital from those countries, and to advise the Council on matters relating to the nature and volume of these flows with a view to accelerating the economic development of developing countries ;