Multilateral Development Banks PDF/EPUB Æ

Multilateral Development Banks PDF/EPUB Æ

Multilateral Development Banks ✯ [BOOKS] ⚣ Multilateral Development Banks By Rebecca M. Nelson ✼ – Capitalsoftworks.co.uk This report analyzes how the United States makes policy towards the multilateral development banks MDBs and identifies ways by which Congress can shape US policy and influence the activities of the ba This report analyzes how the United States makes policy towards the Multilateral Development PDF \ Multilateral Development Banks MDBs and identifies ways by which Congress can shape US policy and influence the activities of the banks themselves The executive branch and Congress share responsibility for US policy towards the MDBs and each has primary control over a different part of the policy process The Administration is responsible for negotiating with other countries and for managing day to day US participation in the MDBs Congress has ultimate authority over the level of US financial commitments and the criteria that govern US participation in these institutions Congress has authorized the President to direct US participation in the MDBs and the President has delegated that authority to the Secretary of the Treasury Other agencies also have reasons for being concerned about US policy and the MDBs The Administration created a new process starting in to help coordinate interagency views on MDB issues Authorizing legislation is managed by the House Financial Services Committee and Senate Foreign Relations Committee The House and Senate Appropriations Subcommittees on State Foreign Operations and Related Programs handle the appropriations Since MDB legislation has become law through the regular legislative process only once Usually it is enacted as a rider to other legislation Congress exercises its influence over MDB policy through its control over authorizations and appropriations and through oversight The authorizing committees have included in MDB authorizing legislation many directives which affect the goal and direction of US policy Congress has also used its control over the funding process—its “power of the purse”—to set priorities and encourage the Administration and MDBs to consider changes in their policies or procedures Congress has used hearings and reuired reports to get information about US policy and the MDBs onto the public record and to draw the Treasury Department’s attention to issues of pressing concern Since the Administration knows it must come to Congress for future authorizations and MDB funding the views expressed by Congress through hearings have often had an impact on the focus and direction of US policy regarding particular concerns For information the MDBs see CRS Report R Multilateral Development Banks Overview and Issues for Congress by Rebecca M Nelson and CRS Report RS Multilateral Development Banks US Contributions FY FY by Rebecca M Nelson.

Leave a Reply

Your email address will not be published. Required fields are marked *

Leave a Reply

Your email address will not be published. Required fields are marked *