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Multilateral Development Banks: Procedures for U.S. Participation

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Publication Date: January 2001

Publisher(s): Library of Congress. Congressional Research Service

Series: RS20791

Topic: Banking and finance (International financial institutions)

Abstract:

The United States is a member of seven multilateral development institutions. This report discusses the process for U.S. involvement in each. The U.S. Treasury Department manages US. participation, in consultation with other agencies. Congress has a major role in the formulation of U.S. policy, though this differs in several important respects from the role it exercises over U.S. agencies. This report will be updated periodically.