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Japan's Budget: Role in Economic Policymaking

Description: The Japanese economy has been in recession for three years, making it the longest recession in Japan's post-war experience. Groups within and outside Japan are calling on Japan to adopt aggressive fiscal policy measures to boost the Japanese economy and to aid in the recovery of the world economy. Japan has enacted a number of limited measures to stimulate, but it is unlikely to move more aggressively to adopt deficit-financing measures to stimulate its economy for a number of reasons: politica… more
Date: March 29, 1994
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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Competitiveness: Economic Issue or Illusion?

Description: While "competitiveness" has a clear meaning when applied to a baseball team, or a firm or industry, it is of limited usefulness when applied to a country's overall economic performance. Moreover, focussing on competitiveness can lead to questionable economic policies.
Date: May 5, 1994
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department
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Korea: Procedural and Jurisdictional Questions Regarding Possible Normalization of Relations with North Korea

Description: The Clinton Administration signed an agreement with North Korea on October 21, 1994, detailing steps to end the crisis caused by North Korea's nuclear program and pledging to "move toward full normalization of political and economic relations." Many details of the accord have not been disclosed, including the precise mechanisms to be used to provide light water nuclear reactors and annual shipments of U.S. heavy oil to North Korea, and a clear process to be followed in normalizing political and… more
Date: November 29, 1994
Creator: Davis, Zachary S.; Niksch, Larry A.; Nowels, Larry; Pregelj, Vladimir N.; Shinn, Rinn-Sup & Sutter, Robert G.
Partner: UNT Libraries Government Documents Department
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NAFTA: A Broad Economic Perspective

Description: Most economists believe that the main economic benefit of NAFTA will be that, over time, it will increase productivity and incomes in the United States, Mexico and Canada. In this view, living standards of all three countries will be higher than without a NAFTA. In the near term, some reallocation of resources will occur within each country, generating gains for some producers and costs for others. New industries emerge, some industries expand, some contract, and some die. Since the Mexican and… more
Date: November 9, 1993
Creator: Wilson, Arlene
Partner: UNT Libraries Government Documents Department
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Tracking Current Federal Legislation and Regulations: A Guide to Basic Sources

Description: This report is a guide to basic sources useful in tracking federal legislation and regulations. It has been prepared primarily for the use of constituents who wish to follow the federal government's legislative or regulatory activities at the local level. Brief annotations for the selected printed, telephone, electronic, and related sources describe their scope, focus, and frequency, include publisher contact information, and provide Internet addresses where available.
Date: May 7, 1998
Creator: Davis, Carol D.
Partner: UNT Libraries Government Documents Department
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Russia: Primakov’s Economic Policy Dilemma and U.S. Interests

Description: This report focuses on two divergent scenarios faced by Russia in the wake of its financial crisis of August 1998. Prime Minister Yevgenii Primakov expected either a vicious cycle of decline and possible collapse in government or an economic management scenario following outlines of an agreed action program that makes imperative fundamental changes in the Russian financial system. The success or failure of Russia in dealing with this crisis may have more effect on the pursuit of peace and prosp… more
Date: May 3, 1999
Creator: Hardt, John P.
Partner: UNT Libraries Government Documents Department
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Japan's Economy: From Bubble to Bust

Description: In the 1980s, Japan's economy posted strong economic growth, in stark contrast to the more pedestrian growth other developed economies experienced. In this period, referred to as the "bubble" economy, Japan experienced a sharp increase in the values of land and stocks. The fast paced growth came to a halt in 1991, however, as the Ministry of Finance grew concerned over prospects of a rising rate of inflation, and, accordingly, tightened the nation's money supply. Since then, Japanese economi… more
Date: March 8, 1994
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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Japan's Looming Bank Crisis: A Half Trillion Dollars in Non-Performing Loans?

Description: Japan's top 21 banks have reported Y13.6 trillion (US$136 billion) in non-performing loans, but experts consider the true figure to be in the range of Y40 to Y60 trillion (US$400 to US$600 billion). If 90, Japan's banks may take five to seven more years to write off their bad loans and restore health to their balance sheets. Current write-offs are being financed primarily by sales of stocks held by banks whose values have appreciated. This problem of bad loans is depressing Japan's economic gro… more
Date: August 19, 1994
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department
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Inflation and the Real Minimum Wage: Fact Sheet

Description: Because the minimum wage is not indexed to the price level, it has been legislatively increased from time to time to make up for the loss in its real value due to inflation. In nominal terms, the minimum wage has risen steadily since 1938 from 25 cents an hour to $5.15 where it now stands. But the legislated adjustments to the minimum wage have occurred at irregular intervals. As a result, there has been significant variation in the purchasing power of the minimum wage.
Date: January 27, 1999
Creator: Cashell, Brian W.
Partner: UNT Libraries Government Documents Department
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Tracking Current Federal Legislation and Regulations: A Guide to Basic Sources

Description: This report is a guide to basic sources useful in tracking federal legislation and regulations. It has been prepared primarily for the use of constituents who wish to follow the federal government's legislative or regulatory activities at the local level. Brief annotations for the selected printed, telephone, electronic, and related sources describe their scope, focus, and frequency, include publisher contact information, and provide Internet addresses where available.
Date: May 7, 1998
Creator: Davis, Carol D.
Partner: UNT Libraries Government Documents Department
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Current Economic Conditions and Selected Forecasts

Description: This report begins with a comprehensive presentation of current economic conditions focusing on income growth, unemployment, and inflation. The posture of monetary and fiscal policy is surveyed as are the forecasts of economic activity. It concludes with data on the factors important for economic growth.
Date: June 5, 1998
Creator: Makinen, Gail
Partner: UNT Libraries Government Documents Department
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South Korea's Economy and Trade

Description: South Korea has become a mid-level economy with a growing consumer market and industrial base. It now is in transition. It can no longer compete easily in low-wage, low-technology manufacturing with other countries of Asia, yet it does not have the technology and expertise to compete fully with industries from Japan, the United States, and Europe.
Date: July 15, 1994
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department
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Are High Interest Rates a Threat to Sustained Economic Recovery?

Description: A major question that arises in Congress during its considerations of what policies promote and what inhibit the restoration of a healthy economy is the influence that interest rates exert. In particular, are high interest rates a threat to sustained economic recovery?
Date: June 15, 1998
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department
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Science Behind the Regulation of Food Safety: Risk Assessment and the Precautionary Principle

Description: Although Congress, the President and agency administrators support the use of science as a basis for food safety regulatory activities, there are controversies about how science can best be used for this purpose. Supporters of science-based regulations regard conclusions from well-designed scientific studies as largely impartial and fair;
Date: August 27, 1999
Creator: Parish, Mickey
Partner: UNT Libraries Government Documents Department
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Cost-Benefit Analysis: Issues in Its Use in Regulation

Description: This report sketches issues underlying broader use of cost-benefit analysis. It focuses on cost-benefit as one of several related frameworks for assessing regulatory actions or policies. Cost-benefit is the broadest of these frameworks, which also include impact assessment, risk assessment, and cost-effectiveness. Which analytical framework is appropriate depends on the regulatory context.
Date: June 28, 1995
Creator: Moore, John L.
Partner: UNT Libraries Government Documents Department
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Food Additive Regulations: A Chronology

Description: The 104th Congress is actively debating proposals to reform several aspects of the Food and Drug Administration's (FDA) process for regulating consumer products, including its approval process for food additives. In June 1995, the Food and Drug Administration (FDA) announced at a House Government Reform and Oversight Subcommittee hearing several policy shifts in its food additive pre-market approval process which will soon be implemented.
Date: September 13, 1995
Creator: Vogt, Donna U.
Partner: UNT Libraries Government Documents Department
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Tobacco Control: Enforcement and Effectiveness of Federal and State Youth Access Laws

Description: This report reviews recent efforts to limit youth access to cigarettes through enforcement of federal and state laws prohibiting tobacco sales to minors. Under the federal Synar Amendment, states must conduct compliance checks and enforce their minimum age-of-sale laws or risk losing block grant funds
Date: August 19, 1998
Creator: Redhead, C. Stephen & Austin-Lane, Joy
Partner: UNT Libraries Government Documents Department
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Nitrogen Oxides and Electric Utilities: Revising the NSPS

Description: Under the Clean Air Act (CAA), the Environmental Protection Agency (EPA) sets New Source Performance Standards (NSPS) for emissions of nitrogen oxides (NOx) from utility boilers, combustion turbines, and combined-cycle units. The current NOx NSPS, set in 1979, does not reflect subsequent advancements in Nox control technology. As a part of the 1990 Clean Air Act Amendments,
Date: July 25, 1997
Creator: Parker, Larry
Partner: UNT Libraries Government Documents Department
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Nationwide Permits for Wetlands Projects: Permit 26 and Other Issues and Controversies

Description: Nationwide permits of the U.S Army Corps of Engineers authorize certain types of projects in wetlands and other waters and are a key means of minimizing the regulatory burden on landowners This report discusses the nationwide permits reissued in 1996, focusing on one of the most controversial permits (number 26), and a July 1998 proposal to modify nationwide permit 26 further. The revised permits and a federal court decision that invalidated certain Corps' regulations could be impetus for congr… more
Date: January 21, 1999
Creator: Copeland, Claudia
Partner: UNT Libraries Government Documents Department
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Roadless Areas: The Administration's Moratorium

Description: On February 12, 1999, the Forest service announced a moratorium on new road construction in many roadless areas within the national Forest System. This measure is temporary (up to 18 moths) while national Forest transportation policy revision is being debated. areas protected by the moratorium include roadless areas of at least 5,000 acres, of at least 1,000 acres if contiguous to other roadless areas. However, the moratorium exempts 9 national forests with recently revised management plans and… more
Date: April 8, 1999
Creator: Gorte, Ross W.
Partner: UNT Libraries Government Documents Department
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