Additional Details on FY 2003 Performance Results - Strategic Goal 8: Economic Prosperity and Security

FY 2003 Performance and Accountability Report
Bureau of Resource Management
December 2003
Report

Performance Goal 1: Economic Growth and Development

Initiative/Program #1: Development Strategies

PERFORMANCE INDICATOR #1: AVERAGE DEVELOPING COUNTRY GROWTH COMPETITIVENESS INDEX[1]
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
Increase in Average GCI. N/A Data not yet available N/A
Details of 2003 Results
  • Data Reliability: Data provided by the UN is reliable; Index is determined by the UN.
  • Data Availability: Data is not yet available for 2002 nor 2003.

Note 1: This indicator was adapted from current indicator to be region-specific.

PERFORMANCE INDICATOR #2: THE MILLENNIUM CHALLENGE ACCOUNT (MCA)
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
Obtain Congressional support and legislative authorization for the MCA. Choose countries for initial MCA funding and establish an administrative mechanism. N/A Onset of program is delayed until congressional action. Significantly Below Target
Details of 2003 Results
  • Reason for Significant Performance Target Shortfall: Congress did not enact authorizing and implementing legislation for MCA in FY 2003, thus delaying initiation of the MCA program.
  • Steps to be Taken to Improve Performance: The Department worked closely with congressional Members and staff on the MCA concept so as to enable passage by January 2004. The Department has also worked to ensure a quick start-up of the MCC once legislation has passed.
  • Partners: USAID

 

Performance Goal 2: Trade and Investment

Initiative/Program # 2: Create Open and Dynamic World Markets

PERFORMANCE INDICATOR #1: STATUS OF NEGOTIATIONS ON OPEN MARKETS FOR SERVICES, TRADE, AND INVESTMENT
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
Conclude Chile and Singapore FTAs. Conclude two new BITs. Begin new FTA negotiations, with CAFTA, Morocco, SACU, and Australia. Conclude Chile and Singapore FTAs. Continue WTO Doha Round negotiations and FTAA negotiations. Begin new FTA negotiations with CAFTA, Morocco, SACU and Australia. Conclude two new BITs. Two FTA (Chile, Singapore) concluded. WTO and Free Trade of the Americas (FTAA) negotiations continue. FTA negotiations began with CAFTA, Morocco, SACU, and Australia. Due to the lack of inter-agency agreement on draft BIT language, no new BITs were concluded in FY 2003. Also, notified Congress of intent to initiate FTA talks with Dominican Republic and Bahrain. On Target
Details of 2003 Results
  • Reason for Target Revision: Doha Round major Administration priority; lack of inter-agency agreement on language for model BIT has delayed BIT negotiations.
  • Partners: State works closely with USTR, Commerce, NSC and other agencies on WTO, FTAA, and FTA issues; State works diligently with the inter-agency group to revise model BIT language.
  • Other Issues: Impasse at September 2003 Cancun WTO Ministerial will slow efforts toward multilateral trade liberalization; lack of agreed model BIT delays negotiation of BITs.
PERFORMANCE INDICATOR #2: NUMBER OF MARKET OPENING TRANSPORTATION AGREEMENTS IN PLACE
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
1. Conclude two bilateral Open Skies agreements (or Multilateral accessions). 1. Conclude three full Open Skies agreements (Jamaica, Albania, and Samoa). 1. Concluded three bilateral Open Skies agreements: Jamaica, Albania, and Thailand (all cargo Open Skies); and one multilateral accession: Samoa. 1. On Target
2. Conclude three non-Open Skies. 2. Conclude two non-Open Skies. 2. Liberalized two (non-Open Skies agreements): Hong Kong and Thailand. 2. On Target
Details of 2003 Results
  • Reason for Target #1 Revision: Reflects available negotiating opportunities.
  • Reason for Target #2 Revision: Reflects available negotiating opportunities.
  • Data Reliability: Public information through USG, ICAO, and private sector channels; 100% reliable.
  • Partners: Departments of Transportation and Commerce.
PERFORMANCE INDICATOR #3: NUMBER OF COUNTRIES ALLOWING COMMERCIAL USE OF AGRICULTURAL BIOTECHNOLOGY AND GLOBAL ACREAGE OF BIOTECH CROPS UNDER CULTIVATION
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
1. The Philippines and Kenya commercialize ag-biotech. 1. The Philippines and Brazil commercialize ag-biotech. 1. The Philippines and Brazil commercialized ag-biotech. 1. On Target
2. N/A 2. Biotech acreage continues to expand. 2. Biotech acreage continued to expand. 2. On Target
Details of 2003 Results
  • Reason for Target Revision: Reflects actual negotiating opportunities. Kenya did not commercialize.
  • Data Reliability: 2002 Global Biotech report (biotech acreage) - International Service for the Acquisition of Agri-biotech Applications Media Cables from post.
  • Data Validation: The information has been cross-referenced with various sources. All information is widely reported in the media.
  • Partners: USDA
PERFORMANCE INDICATOR #4: NUMBER OF NEW ACCESSIONS TO THE WTO
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
2 new accessions for a total of 146 members. N/A Four new accessions (Armenia, Cambodia, Former Yugoslav Republic of Macedonia, and Nepal), bringing total to 148 new members. Significantly Above Target
Details of 2003 Results
  • Reason for Significantly Exceeding Performance Target: The rate of accession for aspirant countries to the WTO depends on a number of factors, including WTO member concerns and domestic policitical considerations. It is difficult to predict exactlly when a country will have satisified accession requirements, although a general timeline is possible. In this instance, two countries progressed more rapidly than originally anticipated and were able to join the WTO earlier than expected.
  • Data Reliability: 100% accurate (info supplied by WTO and pertinent countries).
  • Partners: USTR, Commerce, and other USG agencies.
PERFORMANCE INDICATOR #5: INTERNATIONAL TELECOMMUNICATIONS UNION (ITU) RECOMMENDATIONS ADOPTED
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
455 Adoption of 455 U.S. telecom, information technology (IT), radio communication proposals/positions, standards and recommendations favorable to U.S. businesses in International Telecommunications agreements and declarations. 472 U.S. telecom, information technology, radio communication proposals/positions, standards, and recommendations adopted. Significantly Above Target
Details of 2003 Results
  • Reason for Significantly Exceeding Performance Target: The number of recommendations adopted at the ITU depends on a number of factors, including countries' perceived negotiating space and whether there are any counterproposals. U.S. Representatives were able to persuade ITU members to adopt a higher number of recommendations than originally predicted due to a successful negotiating strategy.
  • Reason for Target Revision: The original target was not indicative of favorable business environment.
  • Data Reliability: Provided by the ITU and member countries.
  • Data Validation: ITU publications, U.S. telecom proposals/positions standards/recommendations of record.
  • Partners: FCC, NTIA, DOD, NASA, NSF, Homeland Security.

 

Performance Goal 3: Secure and Stable Markets

Initiative/Program #3: Secure Energy Supplies

PERFORMANCE INDICATOR #1: WORLD EMERGENCY OIL STOCKS
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
Increase IEA and non-IEA emergency oil stocks above FY 2002 stock levels. N/A As of July 1, 2003, emergency reserves of IEA members stood at 116 days of net import coverage. Final data will not be available until sometime in FY 2004. On Target
Details of 2003 Results
  • Data Reliability: Data provided by IEA.
  • Data Availability: Latest data available is from April 2003.
  • Partners: Department of Energy, IEA.

 

Initiative/Program #4: Stable Financial Markets

PERFORMANCE INDICATOR #2: PERCENTAGE OF DEBT CRISIS COUNTRIES ON IMF PROGRAMS SUCCESSFULLY REFORMING
Initial FY 2003 Target Revised Target FY 2003 Result FY 2003 Performance Ratings
60% N/A 70% Above Target
Details of 2003 Results
  • Data Reliability: Target data are from IMF and Paris Club and are reasonably reliable.
  • Data Validation: The indicator is the percentage of countries with an active Paris Club agreement that are on or have successfully completed an IMF program. An active agreement with the Paris Club indicates when a country has suffered a debt crisis. Being on or having successfully completed an IMF program indicates that a country is or has undertaken economic reform. The relationship between the two is a measure of our success in persuading crisis countries to undertake reforms.
  • Partners: Work closely with Treasury, USED's office at IMF, EXIM, USDA, USAID, DOD, OMB.