About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

Multilateral Development Banks: U.S. Contributions FY1998-2009, August 8, 2008 1 (August 8, 2008)

handle is hein.tera/crser0036 and id is 1 raw text is: Order Code RS20792 Updated August 8, 2008 CRS Repo for Congress Multilateral Development Banks: U.S. Contributions FY1998-2009 Jonathan E. Sanford Specialist in International Trade and Finance Foreign Affairs, Defense, and Trade Division Summary This report shows in tabular form how much the Administration requested and how much Congress appropriated during the past 11 years for U.S. payments to the multilateral development banks (MDBs). It also provides a brief description of the MDBs and the ways they fund their operations. It will be updated periodically. Three companion reports provide further information on the MDBs. See CRS Report RS20793, Multilateral Development Banks: Basic Background, CRS Report RS2079 1, Multilateral Development Banks: Procedures for U.S. Participation, and CRS Report RS22134 International Financial Institutions: Funding U.S. Participation. For further information, see CRS Report RL3 3969, The World Bank's International Development Association, and CRS Report RS21437, The Asian Development Bank. U.S. Participation in the MDBs The United States is a member of five MDBs: the World Bank, African Development Bank (AfDB), Asian Development Bank (AsDB), European Bank for Reconstruction and Development (EBRD), and Inter-American Development Bank (IDB). It also belongs to two similar organizations, the North American Development Bank (NADBank) and the International Fund for Agricultural Development (IFAD). For FY2009, the Administration is proposing that the United States participate in a new World Bank program, the International Clean Technology Fund. The MDBs and Their Programs The MDBs have similar programs, though they all differ somewhat in their institutional structure and emphasis. Each has a president and executive board that manages or supervises all their programs and operations. Except for the EBRD, which makes only market-based loans, all the MDBs make both market-based loans to middle- income developing countries and concessional loans to the poorest countries. Their loans are made to governments or to organizations having government repayment guarantees. In each MDB, the same staff prepares both the market-based and the concessional loans, Congressional Research Service The Library of Congress Prepared for Members and Committees of Congress

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Short-term subscription options include 24 hours, 48 hours, or 1 week to HeinOnline.

Purchase Access

Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most