Title 22 — Foreign Relations and Intercourse
Part A · Chapter 62 — International Financial Policy
§ 5324. Statement of policy
Statutory text
It is the policy of the United States that—
increasing growth in the developing world is a major goal of international economic policy;
it is necessary to broaden the range of options in dealing with the debt problem to include improved mechanisms to restructure existing debt;
active consideration of a new multilateral authority to improve the management of the debt problem and to share the burdens of adjustment more equitably must be undertaken; and
countries with strong current account surpluses bear a major responsibility for providing the financial resources needed for growth in the developing world.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
International Debt Management Act of 1988
Pub. L. 100–418 title III § 3104 · 102 Stat. 1107
Enacted · 22 U.S.C. § 5324
(Pub. L. 100–418, title III, § 3104, Aug. 23, 1988, 102 Stat. 1376.)
Source evidence
Code source credit
(Pub. L. 100–418, title III, § 3104, Aug. 23, 1988, 102 Stat. 1376.)Enacted provision · exact public law section
SEC. 3104. STATEMENT OF POLICY. It is the policy of the United States that— (1) increasing growth in the developing world is a major goal of international economic policy; (2) it is necessary to broaden the range of options in dealing with the debt problem to include improved mechanisms to restructure existing debt; (3) active consideration of a new multilateral authority to improve the management of the debt problem and to share the burdens of adjustment more equitably must be undertaken; and (4) countries with strong current account surpluses bear a major responsibility for providing the financial resources needed for growth in the developing world.
1 of 1 references resolved to an enrolled provision