The United Nations adopted on Friday an outcome document at a high-level meeting on world financial and economic crisis, calling for increased aid and financial reforms, Xinhua reported.
The 16-page document was adopted on the third day of the UN Conference on the World Financial and Economic Crisis and Its Impact on Development.
The document, the product of intensive negotiations between developing and developed countries prior to the meeting, acknowledged that "the world is confronted with the worst financial and economic crisis since the Great Depression."
The crisis "has spread throughout the global economy, causing severe social, political and economic impacts," it said.