Summary of Major U.S. Government Net Foreign Assistance · Summary of major U.S. Government net...

TABLE B-109.—Summary of major U.S. Government net foreign assistance, July 1, 1945 to December 31,

1978

[Millions of dollars]1

Type and geographic distribution

Total net

Investment in 6 international financial institutions3

Under assistance programs, net

Net new military grantsGross new grantsLess: Reverse grants and returns

Other grants, credits, and other assistance (through net accumulationof foreign currency claims), net

Net new economic and technical aid grants4

Gross new grantsLess* Reverse grants and returns

Net new cred i ts 4 5

New creditsLess* Principal collections

Other assistance (through net accumulation of foreign currencyclaims)6

Currency claims acquiredSales of farm productsSecond-stage operations7

Less: Currencies disbursedEconomic grants and credits to purchasing countryOther uses

Geographic distribution of net nonmilitary assistance

Developing countries,8 net total

Net new economic and technical aid grantsNet new creditsOther assistance (through net accumulation of foreign currency

claims)

Developed countr ies8 net total


claims)

1945-492

5,540

141

5,399

325340

15

5,074

3,3123,486

174

1,7621,986

224

904

752152

4170

2,5601610

Yearly average or calendar year

1950-54

5,059

5,059

2,4622,494

32

2,597

2,4062,512

106

148544396

42

5151

972

1,032

772240

20

1564

1,63492

22

1955-59

4,772

7

4,764

2,4382,451

14

2,327

1,7101,759

48

210827617

407

965963

2

558413145

2,211

1,470386

355

116

240176

52

1960-64

4,664

124

4,540

1,5941,629

35

2,946

1,8501,872

22

8711,843

972

225

1,2301,186

44

1,005807198

3,316

1,8171,310

189

371

32439

36

1965-69

5,899

81

5,818

2,1902,196

5

3,628

1,7761,780

4

1,9503,0821132

- 9 8

814691122

912716196

3,611

1,7651,926

- 8 0

17

1124

- 1 8

1 Negative figures ( - ) occur when the total of grant returns, principal repayments, and/or foreign currencies disbursed by theGovernment exceeds new grants and new credits utilized and/or acquisitions of foreign currencies through new sales of farm products.

2 July 1, 1945, through December 31, 1949. Yearly average is for 4V2 years.3 Includes paid-in capital subscriptions and contributions to the special funds of the African Development Fund, Asian Development

Bank, Inter-American Development Bank, International Bank for Reconstruction and Development, International Development Association,and Internationa! Finance Corporation.

4Net new grants are not adjusted for settlements of postwar relief and other grants under agreements, and net new credits excludeprior grants converted into credits. Repayments on these settlements are included in net new credits.

5 Outstanding credits on December 31 , 1978, totaled $45,287 million, representing net credits extended since organization of Export-Import Bank, February 12, 1934, less chargeoffs and net adjustments due to exchange rates ($1,560 million), and excluding World WarI debts. The amount repayable in dollars at U.S. Government option was $42,849 million; the remainder was repayable in foreigncurrencies, commodities, or services, at the option of the borrowers.

(See next page for continuation of table.)

328Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1980

TABLE B-109.—Summary of major U.S. Government net foreign assistance, July 1, 1945 to December 31,

1978—Continued




1970-74 1975 1976 1977 1978"

Total.net






Gross new grantsLess: Reverse grants and returns

Net new credits4 5

New creditsLess: Principal collections


Currency claims acquiredSales of farm productsSecond-stage operations7

Less: Currencies disbursedEconomic grants and credits to purchasing country....Other uses

7,146

332

6,814

3,3103,314

5

3,504

2,4862,534

48

1,1903,8362,646

- 1 7 1

742106635

913709204

8,676

654

8,022

2,8912,895

5,130

2,2472,250

2

2,8535,2972,444

30

189

184

15921138

7,931

1,102

6,829

1,3391,342

3

5,490

2,2682,274

6

3,2755,8372,562

-53

129

a18242140

6,732

870

5,862

767770

3

5,096

2,2742,274

8,000

867

7,134

84085313

6,294

2,6522,652

2,8615,5462,685

-39

175

21416

198

3,6956,5992,904

-53

124

17717

160




claims)

Developed countries,8 net total


claims)

3,614

2,5291,234

- 1 4 9

- 1 1 0

- 4 4- 4 4

- 2 2

5,021

2,2482,715

58

109

- 1138

- 2 8

5,330

2,2683,094

- 3 0

158

(*)181

- 2 3

5,283

2,2713,018

- 6

- 1 8 8

2-157

- 3 3

6,215

2,6393,606

- 3 0

78

1289

- 2 3

6 Equivalent value of currencies still available to be used, including some funds advanced from foreign governments and after loss byexchange rate fluctuations ($1,404 million), was $504 million on December 31 , 1978.7 Includes foreign currencies acquired from triangular trade operations and principal and interest collections on credits, originallyextended under Public Law 83-480, which—since enactment of Public Law 87-128—are available for the same purposes as Public Law83-480 currencies.8 Developed countries include Australia, Canada, Japan, New Zealand, Republic of South Africa, and all countries in Europe exceptCyprus, Gibraltar, Greece, Malta, Portugal, Spain, Turkey, and Yugoslavia. Developing countries include all other countries. Thisclassification is on the basis of the standard list of less developed countries used by the Development Assistance Committee of theOrganization for Economic Cooperation and Development.

Hess than plus or minus $500,000.Source: Department of Commerce, Bureau of Economic Analysis, based on information made available by operating agencies.

329

U. S. GOVERNMENT PRINTING OFFICE : 1980 0 - 29H-289

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

1980

TABLE B-110.—Summary of major U.S. Government net foreign assistance, July 1, 1945 to December 37,1979




1945-492 1950-54 1955-59 1960-64 1965-69

Total, net



Net new military grants ,Gross new grantsLess; Reverse grants and returns




Net new credits46



5,540

141

5,399

325340

15

5,074

3,3123,486

174

1,7621,986

224

5,059

Currency claims acquiredSales of farm products. .Second-stage operations7

5,059

2,4622,494

32

2,597

2,4062,512

106

148544396

42

Less: Currencies disbursedEconomic grants and credits to purchasing country,Other uses

4,772

7

4,764

2,4382,451

14

2,327

1,7101,759

48

210827617

407

965963

558413145

4,664

124

4,540

1,594

2,946

1,850

"8871

1,843972

225

1,2301,186

44

1,005807198




claims)

904

752152

Developed countries,8 net total..


claims)

4,170

2,5601,610

1,032

772240

20

1,564

1,634- 9 2

22

2,211

1,470386

355

116

240- 1 7 6

52

3,316

1,8171,310

189

- 3 7 1

32- 4 3 9

36

5,899

81

5,818

2,1902,196

3,628

1,7761,780

1,9503,0821,132

814691122

912716196

3,611

1,7651,926

- 8 0

17

1124

- 1 8

1 Negative figures ( — ) occur when the total of grant returns, principal repayments, and/or foreign currencies disbursed by theGovernment exceeds new grants and new credits utilized and/or acquisitions of foreign currencies through new sales of farm products.

2 July 1, 1945, through December 31, 1949. Where data are available, period starts from V-J Day (September 2, 1945). Yearlyaverage is for 4 Ms years.

3 Includes paid-in capital subscriptions and contributions to the special funds of the African Development Fund. Asian DevelopmentBank, Inter-American Development Bank, International Bank for Reconstruction and Development, International Development Association,and International Finance Corporation.

4Net new grants are not adjusted for settlements of postwar relief and other grants under agreements, and net new credits excludeprior grants converted into credits. Repayments on these settlements are included in net new credits.

8 Outstanding credits on December 31, 1979, totaled $48,587 million, representing net credits extended since organization of Export-Import Bank, February 12, 1934, less chargeoffs and net adjustments due to exchange rates ($1,579 million), and excludingWorld War I debts. The amount repayable in dollars at U.S. Government option was $46,185 million; the remainder was repayable inforeign currencies, commodities, or services, at the option of the borrowers.

(See next page for continuation of table.)


1981

TABLE B-110.—Summary of major U.S. Government net foreign assistance, July 1, 1945 to December 31,1979—Continued

[Millions of dollars]'



1970-74 1975 1976 1977 1978 1979 »

Total, net

Investment in 6 international financial institutions3..



Other grants, credits, and other assistance (through netaccumulation of foreign currency claims), net



Net new credits4 5


Other assistance (through net accumulation of for-eign currency claims)6

Currency claims acquiredSafes of farm productsSecond-stage operations7

Less: Currencies disbursedEconomic grants and credits to pur-

chasing countryOther uses

7,146

332

6,814

3,3103,314

3,504

2,4862,534

48

1,1903,8362,646

- 1 7 1

742106635

913

709204

8,676

654

8,022

2,8912,895

4

5,130

2,2472,250

2,8535,2982,444

30

189

184

159

21138

7,931

1,102

6r830

1,3391,342

3

5,490

2,2682,274

6

3,2755,8352,559

-54

129

£118242140

6,741

870

5,871

766769

3

5,105

2,2832,283

2,8615,5462,685

-39

175

214

16198

7,998

867

7,131

817821

4

6,314

2,6762,676

3,6916,5992,908

-52

124

1317717

160

7,721

551

7,169

910913

6,260

3,0063,006

3,3237,0453,723

127

8196

22175



Net new economic and technical aid grantsNet new creditsOther assistance (through net accumulation of foreign

currency claims)

Developed countries,6 net total..

Net new economic and technical aid grantsNet new creditsOther assistance (through net accumulation of foreign

currency claims)

3,614

2,5291,234

-149

- 1 1 0

- 4 4- 4 4

- 2 2

5,021

2,2492,715

58

109

- 1138

- 2 8

5,332

2,2683,094

- 3 1

158

ill- 2 3

5,293

2,2813,018

- 6

- 1 8 8

-157

- 3 3

6,236

2,6633,602

- 2 9

78

1289

- 2 3

6,473

2,9873,531

- 4 5

- 2 1 3

19- 2 0 8

- 2 4

6 Equivalent value of currencies still available to be used, including some funds advanced from foreign governments and after loss byexchange rate fluctuations ($1,404 million), was $436 million on December 31, 1979.

7 Includes foreign currencies acquired from triangular trade operations and principal and interest collections on credits, originallyextended under Public Law 83-480, which—since enactment of Public Law 87-128—are available for the same purposes as Public Law83-480 currencies.

8 Developed countries include Australia, Canada, Japan, New Zealand, Republic of South Africa, and all countries in Europe exceptCyprus, Gibraltar, Greece, Malta, Portugal, Spain, Turkey, and Yugoslavia. Developing countries include all other countries. Thisclassification is on the basis of the standard list of less developed countries used by the Development Assistance Committee of theOrganization for Economic Cooperation and Development.

^Less than plus or minus $500,000.Source: Department of Commerce, Bureau of Economic Analysis, based on information made available by operating agencies.


1981

Summary of Major U.S. Government Net Foreign Assistance · Summary of major U.S. Government net...

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