Congressional Research Service Reports - 3 Matching Results
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- African Development Bank and Fund
- The African Development Bank Group, including the Bank itself (AfDB) and its “soft-loan” affiliate, the African Development Fund (AfDF), is a development finance institution based in Abidjan, Côte d’Ivoire. The Bank has 53 African members, as well as 24 non-regional members, including the United States. In the mid-1990s, the Bank faced management problems and difficulties arising from non-performing loans, but reforms launched in 1995 by a new Bank president, Omar Kabbaj, brought new pledges of support from the non-regionals. U.S. contributions to the Fund resumed in FY1998 and to the Bank in FY2000. This report will be updated as events warrant.
- Asia Pacific Economic Cooperation (APEC) and the 2000 Summit in Brunei
- On November 15-16, 2000, the Eighth Asia Pacific Economic Cooperation (APEC) Leaders' Meeting (summit) was held in Bandar Seri Begawan, Brunei. In addition to the APEC summit, President Clinton held bilateral summits with several leaders of APEC countries including China, Russia, Japan, and South Korea. For the United States, APEC raises fundamental questions of special interest to Congress. One is whether consensus can be achieved on the APEC vision of free trade and investment in the Asia Pacific or whether future trade liberalization will be confined primarily to bilateral free-trade agreements or multilateral trade negotiations under the World Trade Organization. Others are whether provision of fast-track negotiating authority to the President should cover negotiations under APEC and whether APEC should be expanded to address political as well as economic issues.
- Multilateral Development Banks: Basic Background
- As a group, the multilateral development banks (MDBs) are the largest source of development assistance to middle- and low-income developing countries. This report discusses the organization and operations of the MDBs. It shows the share of their lending by region and by economic sector. The report is based on preliminary data for 2000. (The fiscal years for the regional banks ended on December 31.) It uses data for 1999 (to mid-2000 for the World Bank) in several sections. It will be updated when newer data become available.