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
... 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 that none of the Asian Development Bank ...
... 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 that none of the Asian Development Bank ...
Page 11
... Bank is pursuing and the administration is particularly supportive of seeing more IDA funds , a higher proportion go to Africa as Asian countries such as India are able to borrow in the commercial mar- kets when they have the ...
... Bank is pursuing and the administration is particularly supportive of seeing more IDA funds , a higher proportion go to Africa as Asian countries such as India are able to borrow in the commercial mar- kets when they have the ...
Page 14
... commercial bank loan . I have not seen any discussion of that . What we have pushed with some degree of success has been to get the multilateral development institutions to work with the commercial banks throughout the world , not just ...
... commercial bank loan . I have not seen any discussion of that . What we have pushed with some degree of success has been to get the multilateral development institutions to work with the commercial banks throughout the world , not just ...
Page 21
... banks and commercial financ- ing . Eventually , they should rely on commercial financing exclu- sively and become a contributor . As a result of the assessment study , we feel we have made a larger proportion of the available lending ...
... banks and commercial financ- ing . Eventually , they should rely on commercial financing exclu- sively and become a contributor . As a result of the assessment study , we feel we have made a larger proportion of the available lending ...
Page 34
... Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance. standing of the ... banks , has known the MDB's to be a sound investment for the investors , who pay their commercial bonds , and ...
... Banking, Finance, and Urban Affairs. Subcommittee on International Development Institutions and Finance. standing of the ... banks , has known the MDB's to be a sound investment for the investors , who pay their commercial bonds , and ...
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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...