§ 5324. Statement of policy

113 words·~1 min read·/usc/title-22/section-5324

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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.

(Pub. L. 100–418, title III, § 3104, Aug. 23, 1988, 102 Stat. 1376.)

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Public Law 100–418
To enhance the competitiveness of American industry, and for other purposes

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Pub. L. 100–418, title III, § 3104
102 Stat. 1376

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§ 5324

Statement of policy

Stat.×1

Pub. L.Pub. L. 100–418, title III, § 3104

Stat.102 Stat. 1376

Cites 2Cited by 1 across 1 source