[2] The original goal of the committee was to improve the awareness of the World Bank, International Monetary Fund, World Trade Organization, and other major development banks and their actions to accelerate economic growth, lessen poverty, and increase financial stability, along with demonstrating the importance of international economic cooperation and fostering collaboration among institutions.
[1] The committee is based in Washington, D.C.,[4] and continues to host events relevant to the shared interests of its members at various academic institutions,[5][verification needed] government establishments, such as Capitol Hill,[6] the U.S. Department of State,[7] the IMF[8] and related locations[9] pertaining to their goals.
[13] The two purposes of these events is to first reach a general audience regarding the current actions of the IFIs and the magnitude they have on the global economy.
The committee in addition informs U.S. government officials of the presumed correlation between global economic advancement and national security.
[1] The committee is composed of financiers, economists, politicians, business leaders[3] and distinguished members of the academic community[1] from the U.S. and abroad.