Congressional Research Service Reports - 255 Matching Results

Search Results

Frequently Asked Questions about IMF Involvement in the Eurozone Debt Crisis

Description: On May 2, 2010, the Eurozone member states and the International Monetary Fund (IMF) announced an unprecedented €110 billion (about $145 billion) financial assistance package for Greece. The following week, on May 9, 2010, EU leaders announced that they would make an additional €500 billion (about $636 billion) in financial assistance available to vulnerable European countries, and suggested that the IMF could contribute up to an additional €220 billion to €250 billion (about $280 billion to $318 billion). This report answers frequently asked questions about IMF involvement in the Eurozone debt crisis.
Date: August 27, 2010
Creator: Nelson, Rebecca M.; Nanto, Dick K.; Sanford, Jonathan E. & Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

The Future of the Eurozone and U.S. Interests

Description: Seventeen of the European Union's 27 member states share an economic and monetary union (EMU) with the euro as a single currency. These countries are effectively referred to as the Eurozone. What has become known as the Eurozone crisis began in early 2010 when financial markets were shaken by heightened concerns that the fiscal positions of a number of Eurozone countries, beginning with Greece, were unsustainable. This report provides background information and analysis on the future of the Eurozone in six parts, including discussions on the origins and design challenges of the Eurozone, proposals to define the Eurozone crisis, possible scenarios for the future of the Eurozone, and the implications of the Eurozone crisis for U.S. economic and political interests.
Date: January 10, 2011
Creator: Ahearn, Raymond J.; Jackson, James K.; Nelson, Rebecca M. & Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

The Future of the Eurozone and U.S. Interests

Description: Seventeen of the European Union's 27 member states share an economic and monetary union (EMU) with the euro as a single currency. These countries are effectively referred to as the Eurozone. What has become known as the Eurozone crisis began in early 2010 when financial markets were shaken by heightened concerns that the fiscal positions of a number of Eurozone countries, beginning with Greece, were unsustainable. This report provides background information and analysis on the future of the Eurozone in six parts, including discussions on the origins and design challenges of the Eurozone, proposals to define the Eurozone crisis, possible scenarios for the future of the Eurozone, and the implications of the Eurozone crisis for U.S. economic and political interests.
Date: January 17, 2012
Creator: Ahearn, Raymond J.; Jackson, James K.; Mix, Derek E. & Nelson, Rebecca M.
Partner: UNT Libraries Government Documents Department

The Future Role of U.S. Trade Policy: An Overview

Description: The United States has become increasingly integrated with the rest of the world economy. This integration has offered benefits and presented challenges to U.S. business, agriculture, labor, and consumers. Those who can compete in the more integrated economy have enjoyed opportunities to broaden their success, while those who are challenged by increased foreign competition have been forced to adjust and some have exited the market or relocated overseas. Some observers contend that, in order to remain globally competitive, the United States must continue to support trade liberalization policies, while assisting those hurt by trade. Others have raised doubts over whether free trade policies benefit the U.S. economy. This report provides an overview and background on the debate over the future course of U.S. trade policy.
Date: July 24, 2008
Creator: Morrison, Wayne M. & Cooper, William M.
Partner: UNT Libraries Government Documents Department

The Future Role of U.S. Trade Policy: An Overview

Description: The United States has become increasingly integrated with the rest of the world economy. This integration has offered benefits and presented challenges to U.S. business, agriculture, labor, and consumers. Those who can compete in the more integrated economy have enjoyed opportunities to broaden their success, while those who are challenged by increased foreign competition have been forced to adjust and some have exited the market or relocated overseas. Some observers contend that, in order to remain globally competitive, the United States must continue to support trade liberalization policies, while assisting those hurt by trade. Others have raised doubts over whether free trade policies benefit the U.S. economy. This report provides an overview and background on the debate over the future course of U.S. trade policy.
Date: July 14, 2008
Creator: Morrison, Wayne M. & Cooper, William M.
Partner: UNT Libraries Government Documents Department

The General Motors-Toyota Joint Venture and Its Competitive Implications

Description: This report reviews the economics of joint ventures by focusing on their implication for market competition. It also reviews the legislative history of mergers and joint ventures with special emphasis on aspects of the law that are directed at reducing market concentration.
Date: July 13, 1983
Creator: Bass, Gwenell L
Partner: UNT Libraries Government Documents Department

The Global Financial Crisis: Analysis and Policy Implications

Description: The world has entered a global recession that is causing widespread business contraction, increases in unemployment, and shrinking government revenues. The process for coping with the crisis by countries across the globe has been manifest in four basic phases. The first has been intervention to contain the contagion and restore confidence in the system. The second has been coping with the secondary effects of the crisis, particularly the global recession and flight of capital from countries in emerging markets and elsewhere that have been affected by the crisis. The third phase of this process is to make changes in the financial system to reduce risk and prevent future crises. The fourth phase of the process is dealing with political, social, and security effects of the financial turmoil. The role for Congress in this financial crisis is multifaceted. This report describes this role, as well as the financial crisis in general, in detail.
Date: July 2, 2009
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department

The Global Financial Crisis: Increasing IMF Resources and the Role of Congress

Description: This report provides information on the role the IMF has played in the financial crisis, international agreement to increase the financial resources of the IMF, and the role of Congress in increasing the Fund's resources. As will be discussed in detail at the end of the report, congressional authorization, and perhaps appropriation, would be required to increase U.S. contributions to the IMF.
Date: May 14, 2009
Creator: Sanford, Jonathan E.
Partner: UNT Libraries Government Documents Department

The Global Financial Crisis: The Role of the International Monetary Fund (IMF)

Description: This report discusses two potential roles the International Monetary Fund (IMF) may have in helping to resolve the current global financial crisis: (1) immediate crisis control through balance of payments lending to emerging market and less-developed countries and (2) increased surveillance of the global economy through better coordination with the international financial regulatory agencies.
Date: October 27, 2008
Creator: Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

The Global Financial Crisis: The Role of the International Monetary Fund (IMF)

Description: This report discusses two potential roles the International Monetary Fund (IMF) may have in helping to resolve the current global financial crisis: (1) immediate crisis control through balance of payments lending to emerging market and less-developed countries and (2) increased surveillance of the global economy through better coordination with the international financial regulatory agencies.
Date: October 30, 2008
Creator: Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

Greece's Debt Crisis: Overview, Policy Responses, and Implications

Description: Greece is currently facing such a sovereign debt crisis. On May 2, 2010, the Eurozone members and International Monetary Fund (IMF) endorsed a historic €110 billion (about $145 billion) financial package for Greece in an effort to avoid a Greek default and to stem contagion of Greece's crisis to other European countries, particularly Portugal, Spain, Ireland, and Italy. This report provides an overview of the crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States.
Date: May 14, 2010
Creator: Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.
Partner: UNT Libraries Government Documents Department

Greece's Debt Crisis: Overview, Policy Responses, and Implications

Description: This report provides an overview of the Greek debt crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States.
Date: April 27, 2010
Creator: Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.
Partner: UNT Libraries Government Documents Department

Greece's Debt Crisis: Overview, Policy Responses, and Implications

Description: This report provides an overview of the Greek debt crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States.
Date: April 7, 2010
Creator: Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.
Partner: UNT Libraries Government Documents Department

Greece's Debt Crisis: Overview, Policy Responses, and Implications

Description: This report covers the sovereign debt crisis currently faced by the Eurozone which has culminated with Greece, which is at the center of the crisis, Ireland, and Portugal borrowing money from other European countries and the International Monetary Fund (IMF) in order to avoid default. Topics covered include: the build-up of Greece's debt crisis, policy responses with limited success, and broader implications. Specific issues for Congress include how the U.S. economy and banking industry will be affect by these recent events.
Date: August 18, 2011
Creator: Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.
Partner: UNT Libraries Government Documents Department

The Greek Debt Crisis: Overview and Implications for the United States

Description: This report provides a brief overview of the Greek dept crisis, including developments through July 2015 when questions about Greece's future in the Eurozone resurfaced and emergency negotiations resulted in a third financial assistance program for Greece. It also discusses potential implications of the crisis for the U.S. economy and U.S.-European cooperation on broader strategic and economic cooperation.
Date: August 19, 2015
Creator: Nelson, Rebecca M.; Belkin, Paul & Jackson, James K.
Partner: UNT Libraries Government Documents Department

Iceland's Financial Crisis

Description: This report discusses the banking collapse in Iceland. Iceland's banking system had collapsed as a result of a culmination of a series of decisions the banks made that left them highly exposed to disruptions in financial markets. The collapse of the banks raised questions for U.S. leaders and others about supervising banks that operate across national borders, especially as it has become increasingly difficult to distinguish the limits of domestic financial markets.
Date: March 11, 2010
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

Iceland's Financial Crisis

Description: On November 19, 2008, Iceland and the International Monetary Fund (IMF) finalized an agreement on a $6 billion economic stabilization program supported by a $2.1 billion loan from the IMF. Iceland's banking system had collapsed as a culmination of a series of decisions the banks made that left them highly exposed to disruptions in financial markets. The collapse of the banks also raises questions for U.S. leaders and others about supervising banks that operate across national borders, especially as it becomes increasingly difficult to distinguish the limits of domestic financial markets.
Date: November 20, 2008
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department

IMF Reforms: Issues for Congress

Description: This report provides information about the reforms made by the Board of Governors of the International Monetary Fund (IMF) in December 2010, Congress's role in the reform process, and how the reforms could affect U.S. interests at the IMF.
Date: March 11, 2014
Creator: Nelson, Rebecca M. & Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

IMF Reforms: Issues for Congress

Description: This report provides information about the reforms made by the Board of Governors of the International Monetary Fund (IMF) in December 2010, Congress's role in the reform process, and how the reforms could affect U.S. interests at the IMF.
Date: April 9, 2015
Creator: Nelson, Rebecca M. & Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

IMF Reforms: Issues for Congress

Description: Report that provides information about the reforms made by the Board of Governors of the International Monetary Fund (IMF) in December 2010, Congress's role in the reform process, and how the reforms could affect U.S. interests at the IMF.
Date: December 12, 2012
Creator: Nelson, Rebecca M. & Weiss, Martin A.
Partner: UNT Libraries Government Documents Department

International Climate Change Financing: Needs, Sources, and Delivery Methods

Description: This report discusses the domestic and international efforts to increase foreign assistance to address climate change. Proponents maintain that such assistance could help promote low-emissions and high-growth economic development in lower-income countries, while simultaneously protecting the more vulnerable countries from the effects of a changing climate. The fundamental dispute concerning international financing for climate change centers upon who should pay for it and how.
Date: May 5, 2011
Creator: Lattanzio, Richard K. & Leggett, Jane A.
Partner: UNT Libraries Government Documents Department