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China's Accession to the World Trade Organization: Legal Issues

Description: The People's Republic of China (PRC) applied to resume membership in the General Agreement on Tariffs and Trade (GATT) in 1986 and continues to negotiate its accession to GATT's successor, the World Trade Organization (WTO). A country may join the WTO on terms agreed by the applicant and WTO Members if two-thirds of Members approve the country's accession agreement. A Member may "opt out" of WTO relations with another country by invoking Article XIII of the WTO Agreement, its "non-application" clause. The United States and the PRC agreed to bilateral terms for the PRC's accession in November 1999.
Date: June 2, 2000
Creator: Grimmett, Jeanne J.
Partner: UNT Libraries Government Documents Department

Social Security: Raising the Retirement Age Background and Issues

Description: The Social Security “full retirement age” — the age at which retired workers, aged spouses, or surviving aged spouses receive benefits that are not reduced for “early” retirement — will gradually rise from 65 to 67 beginning with people who attain age 62 in 2000 (i.e., those born in 1938). Early retirement benefits will still be available beginning at age 62 (age 60 for aged widows and widowers), but at lower levels. This report discusses bills introduced in the last four Congresses that would, among other things, accelerate the phase-in of the increase in the full retirement age to 67, raise the early retirement age to 65 or 67, and raise the full retirement age to 69 or 70.
Date: June 7, 2000
Creator: Kollmann, Geoffrey
Partner: UNT Libraries Government Documents Department

Medicare: Prescription Drug Proposals

Description: This report provides an overview of the President’s plan and the legislation introduced to date in the 106th Congress. It
Date: June 8, 2000
Creator: O'Sullivan, Jennifer
Partner: UNT Libraries Government Documents Department

Brazil's Economic Reform and the Global Financial Crisis

Description: Despite backing from the International Monetary Fund (IMF), capital flight from Brazil in 1998 prompted the government to jettison its pegged currency stabilization program and float the real on January 15, 1999, becoming another casualty of the volatile international capital markets. Brazil adjusted to its financial crisis faster than expected, which is considered over. This report provides a final summary of Brazil's financial crisis and related IMF assistance in support of Congressional interest in various aspects of the 1990s global financial turmoil. It will not be updated.
Date: June 9, 2000
Creator: Hornbeck, J. F.
Partner: UNT Libraries Government Documents Department

Social Security Reform: How Much of a Role Could Personal Retirement Accounts Play?

Description: This report illustrates the potential accumulations of personal savings accounts intended for retirement savings, given a range of possible contribution amounts and interest rates. It is intended to provide information about how to evaluate the possible role of personal accounts in the debate on Social Security reform.
Date: June 9, 2000
Creator: Koitz, David S.
Partner: UNT Libraries Government Documents Department