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U.S. Trade and Investment Relationship with Sub-Saharan Africa: The African Growth and Opportunity Act and Beyond

Description: This report presents perspectives on African economic trends and provides an overview of U.S. trade and investment flows with sub-Saharan Africa (SSA). It discusses the provisions of the African Growth and Opportunity Act (AGOA) and the changes that have occurred since its enactment. It concludes with a brief discussion of issues of congressional interest.
Date: October 28, 2008
Creator: Langton, Danielle

ATPA Renewal: Background and Issues

Description: The Andean Trade Preference Act (ATPA) extends special duty treatment to certain U.S. imports from Bolivia, Colombia, Ecuador, and Peru that meet domestic content and other requirements. The purpose of ATPA is to promote economic growth in the Andean region and to encourage a shift away from dependence on illegal drugs by supporting legitimate economic activities. This report outlines the various aspects of the ATPA, including significant dates and modifications.
Date: October 27, 2008
Creator: Villarreal, M. Angeles

Federal Research and Development Funding: Possible Impacts of Operating Under a Continuing Resolution

Description: On September 30, 2008, President Bush signed into law the Consolidated Security, Disaster Assistance, and Continuing Appropriations Act, 2009. Division A of this law is a continuing resolution and provides funding for agencies and programs normally funded by nine of the 12 regular appropriations bills. This report explores the various aspects of this Act, including how the Act affects civilian research and development programs, as well as related pieces of legislation.
Date: October 27, 2008
Creator: Shea, Dana A. & Morgan, Daniel

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.

Haiti: Post-Hurricane Conditions and Assistance

Description: In August and September 2008, four major storms directly hit or passed close to Haiti, causing widespread devastation. As of early October, 2008, the U.S. government has either provided or pledged just over $30 million in humanitarian assistance to affected Haitian populations in response to the hurricanes in Haiti. Congress provided not less than $100 million for hurricane relief and reconstruction assistance for Haiti and other Caribbean countries in the FY2009 continuing appropriations resolution signed into law September 30, 2008. The Haitian government says it needs $400 million over the next 18 months for hurricane recovery and reconstruction, and that so far the international community has committed $145 million.
Date: October 27, 2008
Creator: Taft-Morales, Maureen & Sullivan, Mark P.

Navy CG(X) Cruiser Program: Background, Oversight Issues, and Options for Congress

Description: This report explores the reasoning behind the development of the technologies and design options for a planned new cruiser called the CG(X). It also discusses the budgetary actions taking place to enable their development, selected technical specifics of their design, and various other information relating to defense procurement costs.
Date: October 27, 2008
Creator: O'Rourke, Ronald

Drinking Water State Revolving Fund (DWSRF): Program Overview and Issues

Description: The Safe Drinking Water Act (SDWA) Amendments of 1996 authorized a drinking water state revolving loan fund (DWSRF) program to help public water systems finance infrastructure projects needed to comply with federal drinking water regulations and to protect public health. The Environmental Protection Agency's (EPA's) latest (2003) survey of capital improvement needs for public water systems found that water systems need to invest $276.8 billion on infrastructure improvements over 20 years to ensure the provision of safe water. Key issues include the gap between estimated needs and funding, SDWA compliance costs, and the need for cities to update and maintain water infrastructure, apart from SDWA compliance.
Date: October 24, 2008
Creator: Tiemann, Mary