You, second malpass. Thank you, senator murkily. While theres been substantial progress in the United States, growth abroad has softened materially, causing challenges for International Economic policy many our goal is to achieve Global Growth in ways that improve after tax wages for american workers, id like to describe some of our major 2018 International Policies in order to create context for the institutions. Weve engaged repeatedly with china on our trade and investment concerns. And the problems caused by their one belt, one road initiative. It often leaves countries with excessive debt and poor Quality Projects. If countries default on these debts, china often gains influence over the host government and may take ownership of the underlying assets. We have influence over the host im sorry, we have built a common awareness of these concerns in the g7 and the g20 in lending, china often fails to adhere to International Standards in airs such as anticorruption, expert credits and
Development, Multilateral Institutions and International Economic energy and environmental policy will come to order. Once again i want to thank the Ranking Member senator merkley. Todays hearing represent the subcommittees 8 hearing during the 115th congress. Im grateful for continued partnership on this and other issues. The title for todays hearing is multilateral Economic Institutions and us Foreign Policy. We will divide todays hearing into two separate panels. Our first panel will consist of two administration witnesses. The honorable david mallpass, undersecretary for International Affairs at the Us Department of treasury and the honorable roland marsalis, acting Deputy Assistant secretary for International Finance and development at the Us Department of state. I want to welcome both of you. Our second panel will consist of five testing which experts and former officials from Previous Administrations. I will introduce each of them following this panel. Given this important topic
Todays hearing represent the subcommittees 8 hearing during the 115th congress. Im grateful for continued partnership on this and other issues. The title for todays hearing is multilateral Economic Institutions and us Foreign Policy. We will divide todays hearing into two separate panels. Our first panel will consist of two administration witnesses. The honorable david mallpass, undersecretary for International Affairs at the Us Department of treasury and the honorable roland marsalis, acting Deputy Assistant secretary for International Finance and development at the Us Department of state. I want to welcome both of you. Our second panel will consist of five testing which experts and former officials from previous now, given this important topic and our excellent witnesses here today, of course we want to hear from each of you, but for we do, allow me to in this conversation somewhat. 19y 1940 or, delegates work on delegates met in Bretton Woods New Hampshire to establish new rules and
Hearing on china and impact on the world bank and other Multilateral Institutions on u. S. Foreign policy. The Senate Foreign relations subcommittee. Good afternoon, this hearing of the seen the subrelations subcommittee on Multilateral Development and Multilateral Institutions and environmental policy will come to order. Once again, i want to thank the Ranking Members. Todays hearing represents our subcommittees 8th hearing during the 115 congress. Im grateful for our continued partnership on this and many other issues. The title for todays hearing is multilateral Economic Institutions and u. S. Foreign policy. Well divide todays hearing into two separate panels. It will consist of two administration witnesses, the honorable daily m dale mulpas our second page today will consist of five distinguished experts and former officials from Previous Administrations. Ill introduce each of them following this panel. Now, given this important topic and our excellent witnesses here today, of cou
Ranking members. Todays hearing represents our subcommittees 8th hearing during the 115 congress. Im grateful for our continued partnership on this and many other issues. The title for todays hearing is multilateral Economic Institutions and u. S. Foreign policy. Well divide todays hearing into two separate panels. It will consist of two administration witnesses, the honorable daily m dale mulpas our second page today will consist of five distinguished experts and former officials from Previous Administrations. Ill introduce each of them following this panel. Now, given this important topic and our excellent witnesses here today, of course were eager to hear from each of you but allow me to frame this conversation somewhat. In july of 1944, delegates from 44 nations met in New Hampshire to establish new rules and institutions for the post world war ii Economic Significance testimony. These nations led by the United States and informed by lessons regarding the causes of world war ii sou