Having said this, the Congress should expect to witness substantial enthusiasm on the part of the Bush Administration and other G-7 leaders to off-load this emerging financial nightmare from bilateral arrangements onto the shoulders of multilateral financial institutions such as the IMF, the World Bank, the European Bank for Reconstruction and Development (EBRD), the BIS and even the Asian Development Bank.

CENTERFORSECURITYPOLICY: Center for Security Policy | Western Financial Policy Toward The Former USSR: Debt Rescheduling Support For Decentralization Or Recentralization?