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NAFTA: A Broad Economic Perspective
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 Canadian economies are small relative to the U.S. economy, it is expected that both the aggregate benefits and costs of the NAFTA to the United States will be relatively small.
North Korea: Policy Determinants, Alternative Outcomes, U.S. Policy Approaches
North Korea is undergoing a wrenching phase of adjustment to an uncertain post-Soviet world. Its government is reined in by two major constraints: fear that any political or economic reform would have the same fatal consequence for itself as it had for the former Soviet Union and other erstwhile allies; and fear that the United States, South Korea, and other "enemies" would stop at nothing to overthrow the communist regime of the North. The United States has a major stake in the outcome of North Korea's effort to deal with its daunting task.
Plant Closings, Mass Layoffs, and Worker Dislocations: Data Issues
For at least 15 years Members of Congress have continued to ask: How many U.S. manufacturing plants have closed? For at least 15 years they have continued to ask: How many U.S. manufacturing plants have relocated abroad, and where have they gone? For at least 15 years the answer has been: For the most part, those questions can't be answered, based on Government data. How many plants are moving to Mexico? What industries and what States are the plants from? How many U.S. workers are losing their jobs as a result? It appears that still, after two legislative attempts to mandate collection of these data, the Government publishes no counts of U.S. plant closings, and almost no information on plant relocations. Options for strengthening the data systems include addressing three main weaknesses: inadequate data program design, a plant closing definition that misses its mark, and publication of partial instead of complete survey results.
President Bush's Judicial Nominations During the 101st and 102nd Congresses
There are ten categories of courts (including the local courts of the District of Columbia) to which the President nominates judges. The report provides background and statistics concerning President Bush's judicial nominations in each court category as well as actions taken on those nominations by the United States Senate. Each of the report's ten sections discusses the composition and jurisdiction of the court in question and notes the committee to which nominations to this court were referred when received by the Senate. Also, statistics on judicial nominations received by the Senate during the four years of the Bush Presidency are presented.
Redefining the Federal Role in Elementary and Secondary Education: The Goals 2000 Proposal and Reauthorization of the ESEA
Report summarizing federal aid for elementary and secondary education, with a focus on the proposals of Goals 2000.
Restricting Softwood Log Exports: Policy and Legal Implications
The Pacific Northwest is a major exporter of unprocessed softwood logs to foreign countries, such as Japan, that are often sold at premium prices. Consequently, some local mills have had difficulty obtaining unprocessed logs, which has contributed to the loss of timber industry jobs in the Pacific Northwest. Thus, many believe that exporting logs is the economic and moral equivalent of exporting U.S. jobs.
Russian-Japanese Impasse and Its Implications
Relations between Russia and Japan are seriously strained. At the heart of the impasse is a territorial dispute over a group of islands seized by the Soviet Union in 1945 and claimed by both countries. The Japanese Government maintains that there can be no normalization of relations between the two countries until Russia agrees to return the islands. Japan may refuse to participate in large-scale economic assistance to Russia until it is satisfied on the territorial question.
The Steel Jaw Leghold Trap: Issues and Concerns
Steel jaw leghold traps are used in 47 States in the United States to capture furbearing animals (Florida and Rhode Island have prohibited use except with special permit for nuisance animals, and New Jersey has banned all uses). In addition to use by the fur industry, these traps are employed by State agencies in game management (e.g., to control predators and diseases). The leghold trap issue pits animal welfare groups opposed to the pain and suffering of trapped animals against supporters of the trap who maintain that alternatives are not cost effective and/or efficient.
A Tax on Consumed Income
No Description Available.
Toxic Pollutants and the Clean Water Act: Current Issues
Controlling the discharge of toxic pollutants into the Nation's waters is once again an issue as Congress considers reauthorizing the Clean Water Act. This report describes the evolution of programs and policies in the Act concerning toxic pollutants, discusses current problems with implementation of some of these programs and policies, and outlines a number of issues that are on the legislative agenda.
The Trade and Development Agency
Congressional interest linking foreign aid more directly with commercial interests has grown in recent years as the U.S. budget becomes increasingly strained, constituent support for foreign aid dwindles, and U.S. industries seek Federal assistance. The Trade and Development Agency is one of several Government agencies involved in "aid for trade"--programs that combine development assistance and export promotion.
Trade, Competitiveness, and International Economic Policy: A Bibliography of CRS Products
Trade-related issues promise to play a major role in legislative actions of the 103nd Congress. This bibliography lists the currently available products issued since 1991 by CRS researchers on trade-related topics, including U.S. trade policy, NAFTA and the Uruguay Round, industry and technology issues, foreign investment concerns, and relations with major trading partners.
Trade Issues in the 103rd Congress
Trade and trade-related issues are prominent parts of the agenda of the 103rd Congress. The Congress has already acted on some issues, in particular the North American Free Trade Agreement (NAFTA). It will have to consider legislation to implement the trade agreements reached during the Uruguay Round of the GATT, which was completed on Dec. 15,1993.
U.S.-Japanese Trade: The Semiconductor Arrangement
On June 4, 1991, the United States and Japan agreed to a five-year arrangement to open Japan,s market to U.S.-origin semiconductor devices, replacing a 1986 agreement that was due to expire. Unlike other U.S.-Japanese trade agreement, the U.S.-Japanese Semiconductor Arrangement stipulates a quantifiable objective (20 percent of the Japanese market for foreign-produced semiconductors). It is often identified by those who want the United States to undertake a "results-oriented" trade policy toward Japan as a model for future US.-Japanese trade agreements. The semiconductor arrangement raises several questions for U.S.- Japanese trade and U.S. trade policy: Has its achieved its objectives? Should the agreement be used as a model for resolving other U.S.- Japanese market access disputes?
U.S. Living Standards Compared to Those of Six Other Industrialized Nations
Sluggish U.S. economic growth over the past few years has raised concern in the United States over the state of U.S. "living standards." The focus of this concern is often centered on the position of U.S. "living standards" compared with those of other industrialized nations. However, there is no clear and precise definition of the standard of living concept, especially one that allows for international comparisons. This report analyzes the standard of living concept within an economic framework, where a nation's standard of living is measured according to its gross domestic product (GDP) on a per capita basis. For the purposes of international comparisons, per capita, GDP data are converted to a common currency using purchasing power parities. Based on this measurement, data indicate that the The United States currently maintains the highest standard of living among the world's top seven industrialized powers, also known as the G-7 countries, although it appears that other industrialized countries, including Japan, are quickly closing the gap.
Wilderness Legislation: History of Release Language, 1979-1992
No Description Available.
Workload and Activity Report : United States Senate, 1946-1992
No Description Available.
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