International Debt, Trade, and Financial Stabilization Act

[AI summary unavailable — showing source text] International Debt, Trade, and Financial Stabilization Act - Title I: Measuring the Impact of the Debt Crisis on World Trade, Development, and Financial Stability - Sets forth congressional findings with respect to the impact of the debt crisis on world trade, development, and financial stability. Title II: Increasing World Bank Effectiveness - Requires the Secretary of the Treasury (the Secretary) to instruct the U.S. Executive Director of the International Bank for Reconstruction and Development (World Bank) to propose to the Bank's other directors that a temporary adjustment be made in current disbursement practices of such Bank that would permit, for at least four years, full release of committed loan funds to the central bank of the recipient country at the beginning of a project period to the extent that: (1) adequate accounting safeguards can be maintained to insure that the terms of the respective loan agreements are honored; and (2) the recipient country adequately describes how the accelerated disbursement will contribute to long-term economic growth. Requires the Secretary to instruct the U.S. Executive Directors of the multilateral development banks to propose to the ot…