§ 5324. Statement of policy
§ 5324.
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.