Search Results

China in Transition: Changing Conditions and Implications for U.S. Interests
Americans disagree as to whether or not China poses a serious security concern for U.S. interests in peace and security in Asia and the Pacific. Many point to rising Chinese defense capabilities and assertive rhetoric to warn of Chinese military- backed expansion. Others judge that the main danger comes from China's weakness. They argue that the possibility of an emerging breakdown in government authority in China could prompt regional disorder and refugee flows seriously undermining Asian stability. Still others see the Chinese "threat" as grossly exaggerated. They stress that Beijing leaders are in control of the country and see their interests best served by accommodation to their richer and generally better armed neighbors.
Most-Favored-Nation Status Policy of the United States
While the United States accords most-favored-nation (nondiscriminatory) treatment to many foreign countries on the basis of bilateral trade treaties or agreements, and to many more by virtue of being a signatory of the General Agreement on Tariffs and Trade, MFN treatment is applied mostly as a matter of statutory policy generally to all trading partners except those whose MFN status has been suspended by specific legislation. Virtually all suspensions have been carried out under the mandate of the Trade Agreements Extension Act of 1951.
Regional Security Consultative Organizations in East Asia and Their Implications for the United States
In the uncertain security environment of the post-Cold War world, the Clinton Administration has expressed interest in proposals that would create forums for regional security consultations in East Asia.
Japan's Politics and Government in Transition
Japan's politics and government are undergoing a historic transition. The 38-year one-party rule of the Liberal Democratic Party (LDP) came to an end on July 18, 1993, when the party was voted out of power, even as it remained the single largest party in the lower house of Japan's bicameral Diet, or parliament. Seven non-communist parties, with little in common save their shared interest in dethroning the LDP, formed a shaky coalition.
Japan's Keiretsu: Industrial Groups as Trade Barriers
A prominent feature of Japan's capitalism consists of families of companies called keiretsu that are linked by crossholdings of stock shares, intra-group financing, and certain coordinating mechanisms. Two types of keiretsu exist: large horizontally organized industrial conglomerates, such as Mitsubishi, Mitsui, and Sumitomo, and vertically integrated manufacturers, such as Toyota, Nippon Steel, and Matsushita Electric. They have become a contentious issue in U.S. trade negotiations with Japan for several reasons.
White-Collar Crime: A Conceptual
No Description Available.
Colleges and Universities Attended By Senators of the 103d Congress
This report identifies the colleges and universities attended by Senators elected to the 103rd Congress.
Tax Aspects of Clinton's Health Care Plan : The Classification of Workers as Independent Contractors or Employees
No Description Available.
China: Current U.S. Sanctions
In the months following China,s 1989 Tiananmen Square crackdown, both the President and the Congress took a number of initiatives protesting Beijing's actions. These initiatives centered around U.S. concerns related to trade, human rights, and non-proliferation. In intervening years, the United States has periodically imposed, lifted, or waived other sanctions and concluded several trade- related agreements with China relating to these concerns. Those measures that remain in place in 1994 are detailed in the accompanying tables.
A Reappraisal of Foreign Investment Policy
The rise of the multinational corporation and the increased flow of capital across national borders have raised anew the question of how to treat foreign direct investment, both inward and outward. The U.S. government and, increasingly, other governments advocate that, with some exceptions, economic policies should be neutral in the treatment of investment, foreign and domestic, inward and outward. This report discusses the changing view of foreign investment, both nationally and internationally.
Saving Rates: An International Comparison
An examination of estimates of saving published by the Organization for Economic Co-operation and Development (OECD) reveals that the U.S. is one of the least thrifty of the major industrial nations. But, the data also indicate that the U.S. is not the only country to experience a falling rate of saving in recent years. It may be that the large difference between the rates of saving in the U.S. and abroad depends on how saving is defined. A broader definition of saving than the one employed by the OECD suggests that the saving rates in the U.S. and abroad may be closer than official measures suggest.
Theater Missile Defenses: Possible Chinese Reactions; U.S. Implications and Options
There is a wide range of arguments regarding the Clinton Administration's proposal to spend about $2 billion in FY 1995 on developing an advanced theater missile defense (TMD) system. Arguments also center on whether or not interpretations of the Anti-Ballistic Missile (ABM) Treaty allow for development and deployment of Advanced Antimissile Systems.
Welfare Reform: A Comparison of H.R. 3500 an
No Description Available.
Trade and Environment: Treatment in Recent Agreements--GATT and NAFTA
This report reviews some of the concerns surrounding the environment work program and other environmental issues. It briefly describes work underway in the Organization for Economic Cooperation and Development (OECD), and current thinking underlying development of U.S. positions on trade and the environment in the GATT.
International Financial Institutions and Environment: Multilateral Development Banks and the Global Environment Facility
The World Bank and other multilateral development banks (MDB) have come under increasing pressure to assess the environmental impacts of bank-sponsored projects. The U.S. Congress has required that U.S. participation be based on policies that encourage the banks to raise the priority of environmental protection in their operations and to address environmental impacts; however, major issues continue to revolve around the effectiveness of all the MDBs in promoting environmentally sustainable development. Additionally, increasing concern over global environmental problems led to the creation in 1990 of a new multilateral fund -- the Global Environment Facility (GEF) -- to fund environmental projects of global concern that were generally not being funded by the MDBs. The pilot phase of the GEF ended in December 1993, and participants are currently in the process of determining how, or if, it should function as a permanent entity.
Safe Drinking Water Act Amendments: A Comparison of Selected Legislative Proposals in the 103rd Congress
No Description Available.
Summary Comparison of Selected Health
No Description Available.
Market-Based Environmental Management: Issues in Implementation
Increasingly, efforts to protect integral features of the natural environment that are essential to human well being face a double challenge. First, the magnitude of some conventional and emerging threats to environmental quality is growing, despite solid progress in controlling some causes. This is particularly the concern on a global scale in terms of atmospheric changes and loss of biological diversity. Second, easily-implemented uniform control methods using feasible technologies or other direct regulatory approaches are already in place for many pollution and resource management problems in the United States. Additional progress with so-called command and control policies can be expensive and disruptive, and thus counter productive to overall economic well being. This type of dilemma is common where environmental deterioration results from diffuse and complex causes inherent in technically-advanced high-consumption industrial societies such as the U.S. Solutions to these types of environmental problems are complicated by the diffuse benefits which obscures the net gains of additional controls that have concentrated and highly visible costs. Given this double bind, many policy analysts and academics have for years advocated more cost-effective and flexible approaches relying on market forces to further some environmental management objectives. Although market-based theory and practical environmental policy are still far apart, the incremental approach to environmental policymaking since the late seventies has resulted in some market-type innovations within traditional regulatory frameworks at all levels of government. The most prominent examples are the Environmental Protection Agency's (EPA) air emissions trading program and the recently enacted sulfur dioxide allowance trading program under the 1990 Clean Air Act Amendments.
Cigarette Taxes to Fund Health Care Reform: An Economic Analysis
A cigarette excise tax increase of 75 cents per pack has been proposed to finance part of the President's universal health care program. The tax enjoys considerable public support, would raise about $11 billion per year, and would be relatively simple to administer because it would increase an existing manufacturer's excise tax. This report discusses these rationales, as well as other effects of and concerns about the tax, organized into topics of market failure as a justification for the tax (i.e., economic efficiency); potential for revenue; equity; and the job loss the tax might cause in tobacco growing regions.
Japan's Economy: From Bubble to Bust
In the 1980s, Japan's economy posted strong economic growth, in stark contrast to the more pedestrian growth other developed economies experienced. In this period, referred to as the "bubble" economy, Japan experienced a sharp increase in the values of land and stocks. The fast paced growth came to a halt in 1991, however, as the Ministry of Finance grew concerned over prospects of a rising rate of inflation, and, accordingly, tightened the nation's money supply. Since then, Japanese economic growth has fallen sharply and the economy has experienced asset deflation, rising levels of unemployment, and falling corporate profits and investments.
Fair Trade in Financial Services : Legislation and the GATT
No Description Available.
Fair Trade in Financial Services: Legislation and the GATT
As many countries enjoy growing financial economies, American banking and securities firms feel excluded from them. Asian countries are perceived as being especially discriminatory against U.S. financiers. Conversely, foreign financiers face few barriers against entry into the United States. Their share of U.S. finance has reached very significant amounts--especially that of Japan in U.S. commercial banking. Both pressures have induced consideration of legislation that could require reciprocity for foreign direct investment in financial companies in America, intended to open up corresponding nations' financial markets. The proposed legislation also reflects final collapse of multilateral negotiations in the General Agreement on Tariffs and Trade seeking to open up financial services in many nations to U.S. providers. It would apply sanctions against such countries similar to those opening up government securities markets abroad, but might result in some retaliation.
DOE Environmental Technology Department - A Fact Sheet
The Department of Energy (DOE) established the Office of Technology Development in 1989 to develop faster and less expensive technical solutions to the Department's widespread environmental problems, primarily the legacy of decades of nuclear weapons production. Without new environmental technologies, DOE contends, some types of contamination may prove impossible to clean up. The Office of Technology Development, which is part of DOE's Environmental Management Program (EM), manages all stages of the development of new environmental restoration and waste management technologies, from basic research and development through final testing, demonstration and evaluation.
Asia-Pacific Economic Cooperation (APEC) and the Indonesia "Summit" in 1994
This report discusses the Ministerial and Leaders' Meetings of the Asia Pacific Economic Cooperation (APEC) forum, set to be held in Indonesia. APEC is a consultative body with membership of seventeen Pacific Basin economies that includes both China and Taiwan. The body is working toward trade liberalization (but not a free-trade area) in the most dynamic economic region of the world.
Intellectual Property Provisions of the GATT 1994: "The TRIPS Agreement"
This report analyzes the intellectual property (IP) provisions of the General Agreement on Tariffs and Trade (GATT) 1994 -- the Agreement on Trade-Related Aspects of Intellectual Property Rights, known as the "TRIPS Agreement."
Ryan White Comprehensive AIDS Resources Emergency (CARE) Act of 1990
No Description Available.
Chinese Nuclear Weapons and Arms Control Policies: Implications and Options for the United States
since the mid-1950s, China has made strong efforts within its limited economic and technical capabilities to develop a modest nuclear force and related delivery systems in order to: help deter superpower or regional aggression and intimidation;
Russia and the IMF : Coming to Terms
No Description Available.
Japan's Budget: Role in Economic Policymaking
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: political and government leaders oppose deficit financing in principle; and under present economic conditions, Japanese officials are more concerned with the effects a fiscal stimulus program will have on the yen, on Japan's trade account, and on its economic recovery.
Does Trade Reduce Wages of U .S . Workers?
This report examines in some detail the hypothesis that trade is undermining the economic status of the American worker.
Does Trade Reduce Wages of U.S. Workers?
This report examines in some detail the hypothesis that trade is undermining the economic status of the American worker. Two questions are addressed: one, Has trade tended to reduce the average level of wages? and, two, Has trade increased the inequality of wages? The general conclusion reached is that poor wage performance is largely a problem of the domestic economy, that would have occurred with or without trade.
Japan-U.S. Relations: Issues for Congress in the 1990s
No Description Available.
South Korea: U.S. Defense Obligations
U.S. defense obligations to South Korea are contained in the U.S.-South Korean Mutual Defense Treaty, signed in 1953 and ratified in 1954. Under Article m of the treaty, the United States would "act to meet" an attack on South Korea "in accordance with its [U.S.] constitutional processes." At the time of ratification, the Senate Foreign Relations Committee did not define specifically the respective roles of the President and Congress in any decision to act militarily in accord with constitutional processes. The Committee stressed that Article did not set a requirement for an automatic American military response but that it did give the United States a wide range of possible actions
Guiding a Bill Through the Legislative Process
This report describes each stage of the legislative process that legislative assistants may find helpful as they seek to further the progress of a specific bill.
Trade and Environment: GATT and NAFTA
No Description Available.
Trade and Environment: GATT and NAFTA
Environmental concerns in trade negotiations have received extensive attention by policymakers both with regard to the General Agreement on Tariffs and Trade (GATT) and to the North American Free Trade Agreement (NAFTA).
U.N. Security Council Consideration of North Korea's Violations of its Nuclear Treaty Obligations
Since early 1993, North Korea has refused to allow inspections of its nuclear facilities by the International Atomic Energy Agency (IAEA). This is contrary to North Korea's obligations under the Nuclear Non-Proliferation Treaty and its 1992 safeguards agreement with the Agency. Following North Korean obstruction of an inspection in March 1994, the IAEA referred the issue to the U.N. Security Council. The Clinton Administration is set to propose that the Council act against North Korea, possibly including the imposition of sanctions. However, the opposition of China to sanctions and the ambivalent attitude of Russia has resulted in a decision by the Administration to propose initial action by the Council short of sanctions. Measures short of sanctions could end up as the totality of U.N. action.
Selected Interior and Related Agencies Budget Requests for I T 1995
This report reviews the FY 1995 budget request of the Department of the Interior with brief analyses of the budget requests of selected agencies within the department that principally are involved in natural resources programs or activities. This report also provides an overview of the mission of the Department of the Interior, its organization, and its major budget initiatives for FY 1995 .
Special Elections and Membership Changes in the 103d Congress, First Session
This report provides information on membership changes in the first session of the 103d Congress through special elections for vacancies in the House of Representatives and appointments and special elections for vacancies in the Senate .
United States Trade and Trade Balance with Japan 1958-1993: A Brief Historical Overview
The purpose of this brief report is to appraise Congress of some relevant perspectives concerning the experience of U.S.-Japan merchandise trade since 1968. For the first seven years of the period under review, more American goods were sold to Japan than imported from that nascent major Asian economy, which has been,however, trailing Canada by far as our second top trading partner. Somewhat normally acceptable trade deficits were registered between 1966 and 1979, after which the growth of trade imbalances became unprecedented.
Korean Crisis, 1994: Military Geography, Military Balance, Military Options
The United States and Republic of Korea (ROK) currently seek ways to convince the Democratic People's Republic of Korea (DPRK) that it should forego the manufacture of nuclear weapons, initially by allowing the International Atomic Energy Agency (IAEA) to conduct full inspections of suspected facilities. North Korea thus far has refused, although it did agree to an incomplete examination of declared sites early in March 1994. This report reviews military options open to each side as the United Nations, United States, and South Korea explore ways to resolve the resultant crisis peacefully despite threats of war from Pyongyang.
Biotechnology, Breakthrough Drugs, And Health Care Reform: Lessons From The NIH-University Industry Relationship
This report includes development and growth of the biotechnology industry and the emergency of new therapeutics to improve health care.
Navy DDG-51 Destroyer Procurement Rate: Issues and Options for Congress
No Description Available.
Competitiveness: Economic Issue or Illusion?
While "competitiveness" has a clear meaning when applied to a baseball team, or a firm or industry, it is of limited usefulness when applied to a country's overall economic performance. Moreover, focussing on competitiveness can lead to questionable economic policies.
Health Care Reform : The Federal Employees Health Benefits Program
This report provides a brief overview of FEHBP under current law and brief descriptions of proposed changes to the existing program included in various bills introduced in the 103rd Congress.
The Kurds in Iraq : Status, Protection, and Prospects
No Description Available.
Mining Law Reform: The Impact of a Royalty
No Description Available.
The Florida Bay Economy and Changing Environmental Conditions. May 1994
This report provides a brief overview of the resource conditions of Florida Bay and of the economy of the directly adjacent Monroe County.
China's Most-Favored-Nation Status: U.S. Wheat Exports
By June 3, 1994, President Clinton must determine whether or not to recommend to Congress a one-year extension of his Jackson-Vanik waiver authority, in effect extending most-favored-nation (MFN)[1] trading status to China for anothe year. The media are reporting that the President has not yet decided whether he will ask for an extension, and that he may also be deliberating over whether or not to attach conditions to a recommendation for approval.
Japan-U.S. Relations: Issues for Congress in the 1990s
No Description Available.
Back to Top of Screen