This report discusses the challenges and opportunities raised by the globalized world of business, in which production becomes fragmented into discrete activities that can be spread geographically within and across national borders while remaining integrated organizationally within a multinational company or network of companies. Such globalized production networks are called supply chains or value-added networks.
This report discusses the passing of the American Recovery and Reinvestment Act of 2009, which included tax cut and spending provisions totaling at a cost of $787 billion in an attempt to mitigate the economic fallout of the housing and financial crises on the general economy. The report examines issues surrounding fiscal stimulus such as timeliness, the magnitude of stimulus, long-term effects and previously adopted policies.
This report discusses the Millennium Challenge Corporation (MCC), which provides economic assistance through a competitive selection process to developing nations that are pursuing political and economic reforms in three areas: ruling justly, investing in people, and fostering economic freedom. This report also discusses several concerns related to MCC implementation, including the level of funding to support MCC programs.
This report discusses funding 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.
This report examines arguments presented by the National Conference of State Legislatures (NCSL) and the National Governors Association (NGA) to include state fiscal assistance in an economic recovery plan, several arguments to exclude state assistance from such a plan, and the implications the proposals presented by NCSL and NGA might have for the economy. It also examines issues related to the targeting of state fiscal assistance and arguments for and against including infrastructure construction projects in an economic recovery plan, and presents key provisions in proposed economic recovery plans that directly affect state and local governments.
This report discusses the Robinson-Patman (R-P) Act, which makes it unlawful, with certain exceptions, to knowingly sell goods "in commerce," for use or sale within the United States, at differing prices to contemporaneous buyers of those goods.
This report discusses the merit of various business tax incentives and their effectiveness in providing fiscal stimulus during the recession. The two most common measures to provide business tax incentives for new investment are investment tax credits and accelerated deductions for depreciation.
This report discusses bills in the 115th Congress regarding the Federal Reserve (Fed). Four major areas of interest are addressed by the bills; Fed governance, increased oversight and disclosure to Congress and the public, A monetary policy rule (known as the Taylor Rule) that would be used a standard for the Fed to compare their policies with, and reduction of their emergency lending powers.
This report analyzes employment data from the U.S. Bureau of Labor Statistics from December 2007 to September 2012, including characteristics of job loss and gain within several industries.
This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
This report discusses how the total debt of the federal government can increase, an historical overview of debt limits, and how the current economic slowdown has led to higher deficits and thereby a series of debt limit increases, as well as legislation related to these increases.
This report provides an overview of the current status, trends, and forecasts for U.S. international trade. The purpose of this report is to provide current data and brief explanations for the various types of trade flows, particularly U.S. exports, along with a short discussion of particular trends and points of contention related to trade policy.
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