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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