Congressional Research Service Reports - 39 Matching Results

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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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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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China's Economic Conditions

Description: China’s economy continues to be a concern to U.S. policymakers. On the one hand, China’s economic growth presents huge opportunities for U.S. exporters. On the other hand, the surge in Chinese exports to the United States has put competitive pressures on many U.S. industries. Many U.S. policymakers have argued that greater efforts should be made to pressure China to fully implement its WTO commitments and to change various economic policies deemed harmful to U.S. economic interests, such as its… more
Date: May 29, 2002
Creator: Morrison, Wayne M.
Partner: UNT Libraries Government Documents Department
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China's Economic Conditions

Description: China’s economy remained relatively healthy in 2002, despite economic slowdowns in other parts of the world. Foreign investment continued to pour into China, and the Chinese government effectively used public spending to boost the economy. However, painful economic reforms will be necessary to keep the economic strong in 2003 and beyond. The recent outbreak in early 2003 of a very contagious virus called SevereAcuteRespiratory Syndrome (SARS) in China appears to have had a short-term negative i… more
Date: January 29, 2003
Creator: Morrison, Wayne M.
Partner: UNT Libraries Government Documents Department
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Iran's Expanding Economic Relations with Asia

Description: This report discusses Iran's economic relations with East Asia especially China, South Korea, and Japan. Trade and partnerships have been been rebounding after the January 2016 lifting of international sanctions on Iran.
Date: November 29, 2017
Creator: Cimino-Isaacs, Cathleen D. & Katzman, Kenneth
Partner: UNT Libraries Government Documents Department
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China as the World’s “Largest Economy”

Description: Various media have recently reported that China has overtaken the United States to become the world’s largest economy (a position the United States had held at least since 1913), based on estimates of purchasing power parity (PPP) measurements and projections made by the International Monetary Fund (IMF). This report examines the data and its policy implications.
Date: January 29, 2015
Creator: Morrison, Wayne M.
Partner: UNT Libraries Government Documents Department
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Economic Development Administration: FY2016 Appropriations

Description: This report discusses budget issues for the Economic Development Administration (EDA), which was created pursuant to the enactment of the Public Works and Economic Development Act of 1965, with the objective of fostering growth in economically distressed areas characterized by high levels of unemployment and low per-capita income levels.
Date: July 29, 2016
Creator: Boyd, Eugene
Partner: UNT Libraries Government Documents Department
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Inflation: Causes, Costs, and Current Status

Description: This report discusses inflation including its causes and effect on the economy. In particular, it brings together broad knowledge from economists to discuss the real costs of inflation on the economy.
Date: March 29, 2010
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department
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Emerging Markets: Is Slower Growth Temporary?

Description: This report discusses the growing vulnerabilities Emerging market (EM) countries are facing due to declining global trade, depreciating currencies, sharply lower commodity prices, volatile equity markets, and deeper economic reforms.
Date: September 29, 2015
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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Proposals for a Congressional Commission on the Financial Crisis: A Comparative Analysis

Description: This report provides a comparative analysis of six proposed congressional advisory commissions that would investigate various aspects of the recent financial crisis and economic downturn. The report specifically discusses the membership structure, appointment structure, rules of procedure and operation, duties and reporting requirements, powers of the commission, staffing issues, and funding.
Date: April 29, 2009
Creator: Glassman, Matthew E. & Straus, Jacob R.
Partner: UNT Libraries Government Documents Department
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Financing the U.S. Trade Deficit: Role of Foreign Governments

Description: The nation's trade deficit is equal to the imbalance between national investment and national saving. The financial turmoil and economic contraction during 2008 reduced the gap between national saving and investment. The result was a decline in the trade deficit and the net inflow of capital. If total net capital inflows decline, mainstream economics suggests, all else held constant, that the dollar and trade deficit would decline, U.S. interest rates would rise, and U.S. spending on capital go… more
Date: June 29, 2009
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department
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The OECD Initiative on Tax Havens

Description: This report examines the Organization for Economic Cooperation and Development (OECD) and its role in changes to U.S. laws related to bribery, tax havens.
Date: July 29, 2010
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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Economic Slowdown: Issues and Policies

Description: This report first discusses the current state of the economy, including measures that have already been taken by the monetary authorities, and assesses the need for and potential consequences of fiscal stimulus. The second part of the report reviews the proposals discussed during debate on the recently enacted fiscal stimulus, both those adopted and those considered but not adopted.
Date: September 29, 2008
Creator: Gravelle, Jane G.; Hungerford, Thomas L.; Labonte, Marc; Murphy, Edward V.; Weiss, N. Eric & Whittaker, Julie M.
Partner: UNT Libraries Government Documents Department
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The Balanced Budget Proposal: Some Macroeconomic Implications

Description: This brief report outlines some possible macroeconomic implications of observing a statutory or constitutional commitment to balance the Federal budget. It does not address the legal questions about the proposal or their implementation, nor the economic and political questions related to decisions about the level of Federal revenues or expenditures. On the latter, its analysis refers to revenue and expenditure levels, in relation to total national product, typical of recent years.
Date: July 29, 1985
Creator: Henderson, John B.
Partner: UNT Libraries Government Documents Department
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China-U.S. Trade Issues

Description: This report discusses the U.S.-China economic relationship and China's rapid expansion as a global economic market, both with respect to the current global economic crisis. It also examines major U.S.-China trade issues and related legislation.
Date: August 29, 2011
Creator: Morrison, Wayne M.
Partner: UNT Libraries Government Documents Department
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The U.S. Financial Crisis: Lessons from Japan

Description: Japan's five bank bailout packages in the late 1990s may hold some lessons for the United States. Overcoming the crisis in Japan's banks took a combination of capital injections, new laws and regulations, stronger oversight, a reorganization of the banking sector, moderate economic recovery, and several years of banks working off their non-performing loans.
Date: September 29, 2008
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department
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The U.S. Financial Crisis: Lessons from Chile

Description: From 1981-1984, Chile experienced a banking crisis that in relative terms had a cost comparable in size to that perhaps facing the United States today. The Chilean Central Bank acted quickly and decisively in three ways to restore faith in the credit markets. It restructured firm and household loans, purchased nonperforming loans temporarily, and facilitated the sale or liquidation of insolvent financial institutions. These three measures increased liquidity in the credit markets and restored t… more
Date: September 29, 2008
Creator: Hornbeck, J. F.
Partner: UNT Libraries Government Documents Department
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The U.S. Financial Crisis: Lessons from Sweden

Description: In the early 1990s, Sweden faced a large banking and exchange rate crisis which it eventually resolved. Four lessons that emerged from Sweden's experience are: 1) the resolution process must be transparent; 2) the resolution agency must be politically and financially independent; 3) market discipline must be maintained; and 4) there must be a plan to jump-start credit flows in the financial system. This report provides an overview of the Swedish banking crisis and an explanation of the measures… more
Date: September 29, 2008
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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Federal Reserve Interest Rate Changes: 2001-2008

Description: The Federal Open Market Committee (FOMC) decided at its scheduled meeting held on October 29 to lower the target rate for federal funds to 1% from 1½% set at its unscheduled meeting of October 8, 2008. In making its decision to reduce the target, the FOMC stressed the following factors: (1) the pace of economic growth appears to have slowed markedly owing importantly to a softening of consumer spending; (2) business equipment spending and industrial production have weakened; (3) economic slowdo… more
Date: October 29, 2008
Creator: Labonte, Marc & Makinen, Gail E.
Partner: UNT Libraries Government Documents Department
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