Department of the Treasury

1978 ◽  
Vol 8 (2-3) ◽  
pp. 74-74
Keyword(s):  
United States ◽  
International Development ◽  
The United States ◽  
Development Bank ◽  
Member States ◽  
Development Fund ◽  
African Development ◽  
African Development Bank ◽  
Development Banks ◽  
The U.S

The Department of the Treasury has a limited involvement in Africa through the United States’ membership in the African Development Fund (AFDF) which the Treasury oversees. Members of the Fund are seventeen non-regional donor countries and the African Development Bank, representing its forty-five member states. The U.S. joined the Fund in November, 1975 with an initial contribution of $15 million or 4 per cent of $340 million pledged to AFDF as of April, 1977. The Administration has asked Congress to appropriate an additional $10 million in the FY 1978 budget. This figure represents 0.38 per cent of the funds requested by Treasury for international development banks in FY 1978 and 0.033 per cent of the Treasury’s total requested budget.

The African Development Bank

2021 ◽  
pp. 55-69
Author(s):  
Erika Kraemer-Mbula
Keyword(s):  
United States ◽  
Institutional Reform ◽  
The United States ◽  
Development Bank ◽  
African Development ◽  
African Identity ◽  
Bank Run ◽  
Regional Bank ◽  
History Of ◽  
African Development Bank

This chapter demonstrates how the African Development Bank (AfDB) has been deeply shaped by the history of its continent. Fuelled by a sentiment of independence, the creation of the AfDB was driven by a determination to create a regional bank run by Africans, funded by Africans, and serving African needs. African governments’ desire for autonomy and the quest to break with distorted patterns created by Africa’s colonial past helped position the AfDB as the largest development institution dedicated solely to serve the needs of the continent. This chapter argues that, over the years and—despite significant institutional reform, including the acceptance of non-regional members in its Board from 1982, including the United States and former colonial powers—the AfDB has managed overall to preserve its ‘African identity’.

scholarly journals EVALUATION OF THE EFFICIENCY OF DEVELOPMENT BANKS ACTIVITIES AS AN IMPORTANT FACTOR OF ECONOMIC SUCCESS (ON THE EXAMPLES OF GERMAN, ASIAN AND AFRICAN DEVELOPMENT BANKS)

2019 ◽  
pp. 151-157
Author(s):  
S. S. Matveevskii
Keyword(s):  
Significant Contribution ◽  
Practical Experience ◽  
Asian Development Bank ◽  
Necessary Condition ◽  
Development Bank ◽  
German Development ◽  
Asian Development ◽  
African Development ◽  
African Development Bank ◽  
Development Banks

The existence of a system for assessing the activities of development banks is a necessary condition for a significant contribution of banks to economic development. The article deals with the experience of evaluating the effectiveness of projects and activities of development banks on the examples of the German development Bank, the Asian development Bank and the African development Bank. It has been revealed, that development banks for the evaluation of projects, their activities apply financial and socio-economic indicators, which are used to improve the work of development banks. The basic requirements for the evaluation of projects and activities of development banks have been formulated. The practical experience of the German development Bank, the Asian development Bank and the African development Bank can be used by Vnesheconombank, which is confirmed by scientific studies of Russian authors.

The African Development Bank

1964 ◽  
Vol 2 (3) ◽  
pp. 442-443
Author(s):  
Joseph Mubiru
Keyword(s):  
Development Bank ◽  
Administrative Structure ◽  
Member States ◽  
African Development ◽  
Economic Commission ◽  
Executive Secretary ◽  
African Development Bank ◽  
Comprehensive Studies

The idea of setting up an all-African Development Bank was first expressed in a resolution passed at the All-African Peoples' Conference held in Tunis in January 1960. This was followed in 1961 by a unanimous resolution of the Economic Commission for Africa, requesting the Executive Secretary ‘to undertake a thorough study of the possibilities of establishing an African development bank’. The following year, E.C.A. established a committee of nine member states (Cameroun, Ethiopia, Guinea, Liberia, Mali, Nigeria, Sudan, Tanganyika, and Tunisia), who were enjoined ‘to make all the necessary governmental and other contacts…to make complete and comprehensive studies into the financial and administrative structure of the proposed bank and into the nature and extent of its operations; to draft a charter… and to make recommendations on its location’.

scholarly journals Determining the Development Status of United States Counties Based on Comparative and Spatial Analyses of Multivariate Criteria Using Geographic Information Systems

2019 ◽  
Vol 8 (1) ◽  
pp. 92
Author(s):  
Lauren B. Wheeler ◽  
Eric C. Pappas
Keyword(s):  
United States ◽  
United Nations ◽  
Human Development ◽  
International Development ◽  
Mississippi River ◽  
Statistics Education ◽  
National Level ◽  
The United States ◽  
Development Status ◽  
The U.S

The United States ranked 8th in 2015 according to the United Nations’ Human Development Index, but empirical evidence shows that there are regions within the U.S. that would not classify as having “very high human development.”  We know about domestic poverty and hardship, but there are regions in the United States that are starting to look developmentally more like Albania or Kenya.  Using multivariate quantitative data (health statistics, education levels, and income) to replicate international development indices like that of United Nations on the national level, U.S. counties were ranked according to their development status.  In this way, widely recognized scales of development were translationally applied to the United States to fully understand the state of development, or rather regression, in the U.S.  The results were displayed cartographically to show the geographic distribution of regression across the U.S., mainly the Mississippi River Delta and the Appalachian Region.  In total, there were 66 counties that fell into fourth class, or the “low development” category, for all three development criteria.  

Politics, economics, and U.S. participation in multilateral development banks

1982 ◽  
Vol 36 (3) ◽  
pp. 537-574 ◽  
Author(s):  
Lars Schoultz
Keyword(s):  
United States ◽  
Political Process ◽  
Major Change ◽  
The United States ◽  
Executive Branch ◽  
United States Government ◽  
Multilateral Development Banks ◽  
Procedural Change ◽  
Development Banks ◽  
The U.S

In the 1970s the U.S. executive branch was forced to make a significant change in the procedure it uses to influence decisions by the multilateral development banks. This procedural change—from exclusive reliance on behind-the-scenes pressure to open voting in bank councils—reflects two more fundamental alterations: the relative diminution of U.S. power in bank councils and, especially, the development of increased congressional interest in formulating U.S. policy toward the banks. As a result of these two changes, the United States has identified publicly many of the policies it seeks to promote through the banks. Taken as a whole, the U.S. voting record indicates an abandonment of the verbal commitment to the liberal concept of maintaining the banks as apolitical financial institutions. Since the concept has never been a reliable guide to U.S. behavior in bank councils, its abandonment does not signify a major change in the relationship between the banks and the United States government. Rather, it signifies an opening of the U.S. political process, one that encourages public debate and multiple advocacy in the making of U.S. policy toward the banks.

Power structures and regional development banks

1981 ◽  
Vol 35 (2) ◽  
pp. 303-328 ◽  
Author(s):  
Stephen D. Krasner
Keyword(s):  
Developing Countries ◽  
Regional Development ◽  
Asian Development Bank ◽  
Development Bank ◽  
Power Structures ◽  
Asian Development ◽  
African Development ◽  
African Development Bank ◽  
Development Banks ◽  
Regional Development Banks

This paper examines the experience of developing countries in the three major regional financial institutions, the Inter-American, Asian, and African Development Banks. In the Inter-American Development Bank, members from developing countries have secured both influence and resources; in the Asian Development Bank they have secured resources but little influence; in the African Development Bank they have influence but limited resources. This variation can be explained by the different issue area power structures within which the banks function. The Inter-American Development Bank has functioned within a hegemonic structure. The dominant power, the United States, pursued long-term political objectives and accepted considerable autonomy for developing countries within the Bank. The Asian Development Bank has functioned within a bipolar structure with Japan playing an increasingly important role. As a normal power, Japan has pursued tangible economic interests and has constrained the behavior of the Asian Development Bank. Until the late 1970s the African Development Bank functioned in a multipolar structure that largely excluded nonregional countries. This exclusion made it impossible to generate substantial resources. Experience in the regional development banks suggests that a hegemonic structure can offer weaker states both resources and influence provided that the milieu goals of the dominant power are not violated.

R&D Innovation Strategy for International Cooperation of Science and Technology in Asia

2019 ◽  
pp. 1-10
Author(s):  
Donghun Yoon
Keyword(s):  
United States ◽  
International Development ◽  
International Cooperation ◽  
Science And Technology ◽  
The United States ◽  
European Countries ◽  
Innovation Strategy ◽  
Asian Region ◽  
Technological Cooperation ◽  
The U.S

Major Asian countries, along with the United States and the European countries, recognize the importance of international cooperation in R&D (research and development). In particular, the U.S. and the European countries recognize the importance of R&D cooperation with Asia, and strive for closer cooperation therewith, especially scientific and technological cooperation. Cooperation in international development and the establishment of networks in the Asian region are crucial to countries' advancement of scientific and technical capabilities. Presented and discussed in this chapter is the R&D innovation strategy for international cooperation in science and technology in Asia. Also presented and discussed are ways of simultaneously satisfying both economic values and the ideal value of the international community's prosperity. It is hoped that this study will contribute greatly to the pursuit of international cooperation in science and technology in Asia.

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