2013 US Code
Title 22 - Foreign Relations and Intercourse
Chapter 62 - INTERNATIONAL FINANCIAL POLICY (§§ 5301 - 5354)
Subchapter II - INTERNATIONAL DEBT (§§ 5321 - 5333)
Part A - Findings, Purposes, and Statement of Policy (§§ 5321 - 5324)
Section 5324 - Statement of policy

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 1, Title 22 - FOREIGN RELATIONS AND INTERCOURSE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 22 - FOREIGN RELATIONS AND INTERCOURSE
CHAPTER 62 - INTERNATIONAL FINANCIAL POLICY
SUBCHAPTER II - INTERNATIONAL DEBT
Part A - Findings, Purposes, and Statement of Policy
Sec. 5324 - Statement of policy
Containssection 5324
Date2013
Laws in Effect as of DateJanuary 16, 2014
Positive LawNo
Dispositionstandard
Source CreditPub. L. 100-418, title III, §3104, Aug. 23, 1988, 102 Stat. 1376.
Statutes at Large Reference102 Stat. 1376
Public Law ReferencePublic Law 100-418

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Statement of policy - 22 U.S.C. § 5324 (2013)
§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.

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

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