U.S. Participation in the Multilateral Development Institutions: Hearings Before the Subcommittee on International Development Institutions and Finance of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-eighth Congress, First Session, April 18 and 20, 1983 |
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Page 9
... appropriate project financing among commercial banks . Such cofinancing has increased from a 1970-80 total of $ 38 million to $ 87 million in 1981 and about $ 261 million in 1982 . In this context , I might mention with some admiration ...
... appropriate project financing among commercial banks . Such cofinancing has increased from a 1970-80 total of $ 38 million to $ 87 million in 1981 and about $ 261 million in 1982 . In this context , I might mention with some admiration ...
Page 11
... appropriate policies . So the effect would be an indirect one , but it would be one that I think would be best to avoid , and I think can be avoided by meet- ing our obligations . Chairman PATTERSON . Thank you . In each of the hard ...
... appropriate policies . So the effect would be an indirect one , but it would be one that I think would be best to avoid , and I think can be avoided by meet- ing our obligations . Chairman PATTERSON . Thank you . In each of the hard ...
Page 12
... appropriate , frankly , reflecting the maturity and strength of these institutions . Chairman PATTERSON . Do you think that reduction of the paid - in capital is viewed as a lessening of donor country support for these institutions ? Mr ...
... appropriate , frankly , reflecting the maturity and strength of these institutions . Chairman PATTERSON . Do you think that reduction of the paid - in capital is viewed as a lessening of donor country support for these institutions ? Mr ...
Page 15
... appropriate that our role be viewed in the context of the other changes that were made in the replenish- ments . Also , we are obviously trying to balance off our very strin- gent requirements for budgetary discipline here with the ...
... appropriate that our role be viewed in the context of the other changes that were made in the replenish- ments . Also , we are obviously trying to balance off our very strin- gent requirements for budgetary discipline here with the ...
Page 20
... appropriate , while ADB management called for continuing 10 percent . We moved relatively quickly to two percent , then later to three percent , while others suggested 6.6 percent . As is apparent , the 5 percent level eventually ...
... appropriate , while ADB management called for continuing 10 percent . We moved relatively quickly to two percent , then later to three percent , while others suggested 6.6 percent . As is apparent , the 5 percent level eventually ...
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Common terms and phrases
African Development Bank American amount AsDB Asian Development Bank BANK FOR RECONSTRUCTION BANK Ordinary Capital BANK Total Ordinary Bank's BEREUTER callable capital capital markets Capital plus Reserves Capital Stock Chairman PATTERSON CHART CMP RATE commitment Compound Average Annual CONGRESS THE LIBRARY cooperative currencies December 31 developing countries DEVELOPMENT BANK Ordinary DEVELOPMENT BANK Total disbursed divided by Total EUROPEAN INVESTMENT BANK exports Funded Debt important industrial institutions Inter-American Development Bank Inter-Regional Capital INTERNATIONAL BANK International Development Association Latin America Loan Income MCNAMAR MDB's MDBs member countries ment million Money Center Sample multilateral development banks Net Income Ordinary & Inter-Regional Ordinary Capital Resources paid-in capital percent private sector projects ratios RECONSTRUCTION & DEVELOPMENT replenishment RINES role SEWELL subcommittee technical assistance tion Total Assets Total Debt Total Equity Capital Total Loans Outstanding U.S. dollars United United States dollars World Bank
Popular passages
Page 38 - Kindleberger considers the absence of a "leader" to be a major explanation for the 1929-crisis: "... the 1929 depression was so wide, so deep and so long because the international economic system was rendered unstable by British inability and United States unwillingness to assume responsibility for stabilizing it...
Page 39 - When every country turned to protect its national private interest, the world public interest went down the drain, and with it the private interests of...
Page 38 - Referring to all the multilateral development banks together, it noted that they had been "most effective in contributing to the achievement of our global economic and financial objectives and thereby also helping us in our long term political/strategic interests.
Page 3 - Development, the Inter-American Development Bank, the Asian Development Bank, and the African Development Bank.
Page 136 - Operations 1. The total amount outstanding of loans, equity investments and guarantees made by the Bank in its ordinary operations shall not at any time exceed the total amount of its unimpaired subscribed capital, reserves and surplus included in its ordinary capital resources, exclusive of the special reserve provided for by Article 17 of this Agreement and other reserves not available for ordinary operations.
Page 121 - Thank you very much. [Whereupon, at 3:30 pm, the subcommittee was adjourned, subject to...
Page 36 - Bank, the Asian Development Bank, the African Development Bank, and the Inter-American Development Bank could seek funding for a portion of their lending programs from the oilexporting countries.
Page 151 - Bank is authorized to make, participate in or guarantee loans to its developing member countries or their governments, to any of their agencies or political subdivisions, and to public or private enterprises operating within such countries, as well as to international or regional entities concerned with economic development in the region.
Page 93 - Improvement or help members with credit for snail business enterprises, experience has shown that low-Income people will save and contribute their limited resources to a cooperative enterprise which they view as an opportunity to advance economically. Funding for much of this International work Is provided by the US Agency for International Development (AID), local governments and US and Indigenous cooperatives In developing countries. There has also been some...
Page 34 - ... to recognize the committee's ranking Democrat, Mr. Skelton, for any remarks he'd like to make. [The prepared statement of Mr. Spence can be found in the appendix on page 51.] STATEMENT OF HON. IKE SKELTON, A REPRESENTATIVE FROM MISSOURI, RANKING MEMBER, COMMITTEE ON NATIONAL SECURITY Mr. SKELTON. Thank you, Mr. Chairman. I join you in welcoming our distinguished witnesses, Secretary of State Albright, Secretary of Defense Cohen, General Shelton, Chairman of the Joint Chiefs of Staff, and General...