and International Studies Programs.
World Affairs Councils of America.
Participants' Notes of the
NATIONAL CONFERENCE, January 2002:
THE FUTURE OF THE AMERICAS
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Workshop B: Overview of the National Geographic Society. At NGS.
Workshop C: Fun Programs for Councils. (WorldQuest) Jennifer W. Roberts. Hotel.
Workshop D: Councils and the Terrorist Attacks. Jerry Leach leading. Hotel.
Workshop E: Overview of Inter-American Development Bank. J. Ferriter. At IDB.
Notes by: Thomas J. Reckford, President, World Affairs Council of Washington, D.C.
John Ferriter concentrated on the IDB itself. He said that the IDB gives concessionary lending rates only to the region's four poorest countries, e.g, Guatemala. The U.S. has thirty percent of the IDB's voting shares, and, whereas the President of the IDB has always been from Latin America, the executive vice-president has always been American. The IDB, which never finances all of a project, always has partners, usually governments.
When asked about the follow-through for projects, Ferriter
admitted that the IDB, much like the World Bank, stresses making loans,
not checking on how they work out. Sometimes project team leaders
are never heard from again. There are now some measurable
6:00 Opening Reception.
President George W. Bush, "The Western Hemisphere."
Hall of the Americas of the Organization of American States.
Key points only, by Jeremy Lewis; conversion of transcript in progress.
- Will support Argentine bailout when organized
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