The Future of the Multilateral Development Banks: Hearings Before the Subcommittee on International Development Institutions and Finance Held Jointly with the Subcommittee on International Trade, Investment, and Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, Ninety-seventh Congress, Second Session, June 15, 17, and 22, 1982 |
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Page 3
... cost , the real importance of multilateral assistance lies in the area of foreign policy . In my view , these banks are as important to our foreign policy national security as many expenditures we make for the Depart- ment of Defense ...
... cost , the real importance of multilateral assistance lies in the area of foreign policy . In my view , these banks are as important to our foreign policy national security as many expenditures we make for the Depart- ment of Defense ...
Page 5
... cost . The multilateral development banks are a key component of our assistance effort , and I welcome this oppor- tunity to appear before you today to discuss the policy objectives which the United States is pursuing in these important ...
... cost . The multilateral development banks are a key component of our assistance effort , and I welcome this oppor- tunity to appear before you today to discuss the policy objectives which the United States is pursuing in these important ...
Page 9
... cost . The multilateral development banks ( MDBs ) are a key component of our assistance effort , and I welcome this opportunity to appear before you today to discuss the policy objectives which the United States is pursuing in these ...
... cost . The multilateral development banks ( MDBs ) are a key component of our assistance effort , and I welcome this opportunity to appear before you today to discuss the policy objectives which the United States is pursuing in these ...
Page 19
... cost to donor governments . Even with less rapid growth in overall lending , the banks can maintain or even expand their influence as policy advisers . We believe they can also stretch the available resources substan- tially by ...
... cost to donor governments . Even with less rapid growth in overall lending , the banks can maintain or even expand their influence as policy advisers . We believe they can also stretch the available resources substan- tially by ...
Page 25
... COST TO DONOR GOVERNMENTS . EVEN WITH LESS RAPID GROWTH IN OVERALL LENDING , THE BANKS CAN MAINTAIN OR EVEN EXPAND THEIR INFLUENCE AS POLICY ADVISERS . WE BELIEVE THEY CAN ALSO STRETCH THE AVAILABLE RESOURCES SUBSTANTIALLY BY CHANNELING ...
... COST TO DONOR GOVERNMENTS . EVEN WITH LESS RAPID GROWTH IN OVERALL LENDING , THE BANKS CAN MAINTAIN OR EVEN EXPAND THEIR INFLUENCE AS POLICY ADVISERS . WE BELIEVE THEY CAN ALSO STRETCH THE AVAILABLE RESOURCES SUBSTANTIALLY BY CHANNELING ...
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administration AFDB Asian Development Bank assessment balance of payments bank lending Bank's bilateral billion budget budgetary callable capital capital increase capital markets capital subscriptions Chairman PATTERSON changes cofinancing commercial banks commitment concessional conditionality contributions cost criticism deficits developing countries donors economic policies effective efficiency equity European Investment Bank evaluation exports external flows funded debt gearing ratio graduation hard loan windows IBRD impact important income institutions Inter-American Development Bank investment investors issue LDCs lenders leverage long-term major MDB lending MDB's member countries ment Money Center Sample multilateral development banks objectives OPEC operations overall paid-in capital percent political private banks private sector problems projects rate of return reduce regional replenishment role soft loan windows soft window structural adjustment subcommittee tion Treasury U.S. dollars U.S. interests U.S. participation United World Bank World Bank Group