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Japan's Budget: Role in Economic Policymaking

Description: 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.
Date: March 29, 1994
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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Exchange Rates: The Dollar in International Markets

Description: Mainstream economic theory suggests that U.S. budget deficit was the main cause of the dollar appreciation between 1980 and early 1985. The high budget deficit forced the U.S. Government to compete against the private sector for available savings, raising interest rates in the United States. In response, net capital inflows to the United States increased, the demand for dollars on the foreign exchange market went up, and the dollar appreciated. Restrictive budgets and loose monetary policies abroad, both of which kept interest rates low abroad, also contributed to the dollar’s appreciation on over this period.
Date: April 17, 1987
Creator: Wilson, Arlene
Partner: UNT Libraries Government Documents Department
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Competitiveness: Economic Issue or Illusion?

Description: 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.
Date: May 5, 1994
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department
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The Special Inspector General for the Troubled Asset Relief Program

Description: This report discusses the Special Inspector General provisions in the Emergency Economic Stabilization Act of 2008, H.R. 1424, which was enacted as P.L. 110-343 on October 3, 2008. This Act created a Special Inspector General (SIG) for the Troubled Asset Relief Program (TARP). This report will compare the duties and authorities of the SIG TARP to those of the Special Inspector General for Iraq Reconstruction (SIGIR) and the Special Inspector General for Afghanistan Reconstruction (SIGAR), as well as statutory IGs under the Inspector General Act of 1978, as amended (IG Act).
Date: January 14, 2009
Creator: Burrows, Vanessa K.
Partner: UNT Libraries Government Documents Department
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Canada's Financial System: An Overview

Description: This report discusses the relative stability of Canada's financial system in comparison to the financial systems of other nations around the globe that are suffering from the current financial crisis. This report presents an overview of Canada's financial system and its supervisory framework and draws some distinctions between that system and the current U.S. framework.
Date: June 26, 2009
Creator: Jackson, James K.
Partner: UNT Libraries Government Documents Department
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Long-Term Growth of the U.S. Economy: Significance, Determinants, and Policy

Description: The rate of long-term economic growth is the salient measure of the nation's ability to steady advance its material living standard. The pace of long-term economic growth is likely to be a center of attention in the decades just ahead, as the U.S. economy confronts the need to undertake unprecedentedly large generational transfers of income to pay for the retirement of the huge baby-boom generation as well as large transfers to the rest of the world to meet the debt service costs of the United States' large and still growing foreign debt.
Date: May 25, 2006
Creator: Elwell, Craig K.
Partner: UNT Libraries Government Documents Department
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Korea: Procedural and Jurisdictional Questions Regarding Possible Normalization of Relations with North Korea

Description: The Clinton Administration signed an agreement with North Korea on October 21, 1994, detailing steps to end the crisis caused by North Korea's nuclear program and pledging to "move toward full normalization of political and economic relations." Many details of the accord have not been disclosed, including the precise mechanisms to be used to provide light water nuclear reactors and annual shipments of U.S. heavy oil to North Korea, and a clear process to be followed in normalizing political and economic relations.
Date: November 29, 1994
Creator: Davis, Zachary S.; Niksch, Larry A.; Nowels, Larry; Pregelj, Vladimir N.; Shinn, Rinn-Sup & Sutter, Robert G.
Partner: UNT Libraries Government Documents Department
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The Size and Role of Government: Economic Issues

Description: The appropriate size and role of the government is one of the most fundamental and enduring debates in American politics. What role does the state play in economic activity? How is the economy affected by government intervention? Many of the arguments surrounding the proper size of government are economic in nature, and they will be discussed in this report.
Date: July 1, 2009
Creator: Labonte, Marc
Partner: UNT Libraries Government Documents Department
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The Special Inspector General for the Troubled Asset Relief Program (SIG TARP)

Description: This report discusses the Special Inspector General provisions in the Emergency Economic Stabilization Act of 2008, H.R. 1424, which was enacted as P.L. 110-343 on October 3, 2008. This Act created a Special Inspector General (SIG) for the Troubled Asset Relief Program (TARP). This report will compare the duties and authorities of the SIG TARP to those of the Special Inspector General for Iraq Reconstruction (SIGIR) and the Special Inspector General for Afghanistan Reconstruction (SIGAR), as well as statutory IGs under the Inspector General Act of 1978, as amended (IG Act).
Date: November 5, 2008
Creator: Burrows, Vanessa K.
Partner: UNT Libraries Government Documents Department
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"Fast Track" Parliamentary Procedures of the Emergency Economic Stabilization Act

Description: The Emergency Economic Stabilization Act of 2008 (Division A of H.R. 1424, P.L. 110-343) empowers the Secretary of the Treasury to purchase certain "troubled assets" as a means to stabilize the economy. This report examines this procedure and explains how it differs from the regular parliamentary mechanisms of the House and Senate.
Date: November 14, 2008
Creator: Davis, Christopher M.
Partner: UNT Libraries Government Documents Department
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Globalized Supply Chains and U.S. Policy

Description: 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.
Date: January 16, 2009
Creator: Nanto, Dick K.
Partner: UNT Libraries Government Documents Department
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S. 2557, “Oil and Gas Industry Antitrust Act of 2006”: Brief Legal Analysis

Description: This report analyzes ways to improve antitrust laws through S.557. These include, but are not limited to: mitigating regional shortages of oil petroleum and natural gas products, creating a federal task force to analyze information-sharing in the industry, and make U.S. antitrust laws applicable to the Organization of Petroleum Exporting Countries (OPEC).
Date: May 12, 2006
Creator: Rubin, Janice E.
Partner: UNT Libraries Government Documents Department
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Monetary Policy: Current Policy and Conditions

Description: Monetary policy can be defined broadly as any policy relating to the supply of money. Monetary policy can have important effects on aggregate demand and through it on real Gross Domestic Product (GDP), unemployment, real foreign exchange rates, real interest rates, the composition of output, etc., all of which are short-term effects. Over the longer run, the major effect of monetary policy is on the rate of inflation. A growing money supply is important for the subsequent growth in money spending or aggregate demand. The Federal Reserve executes monetary policy by setting a target for an overnight interest rate called the federal funds rate. Changes in the federal funds rates affect primarily short-term interest rates, and through these changes, money spending.
Date: July 28, 2006
Creator: Labonte, Marc & Makinen, Gail E.
Partner: UNT Libraries Government Documents Department
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Monetary Policy: Current Policy and Conditions

Description: Monetary policy can be defined broadly as any policy relating to the supply of money. Monetary policy can have important effects on aggregate demand and through it on real Gross Domestic Product (GDP), unemployment, real foreign exchange rates, real interest rates, the composition of output, etc., all of which are short-term effects. Over the longer run, the major effect of monetary policy is on the rate of inflation. A growing money supply is important for the subsequent growth in money spending or aggregate demand. The Federal Reserve executes monetary policy by setting a target for an overnight interest rate called the federal funds rate. Changes in the federal funds rates affect primarily short-term interest rates, and through these changes, money spending.
Date: August 21, 2006
Creator: Labonte, Marc & Makinen, Gail E.
Partner: UNT Libraries Government Documents Department
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The Current Economic Recession: How Long, How Deep, and How Different From the Past?

Description: This report examines the current recession and recessions of the previous three decades in detail. It gives a brief overview of the other post-war recessions. It outlines the fiscal and monetary policy response to each recession. It also looks at theories of why recessions occur. The report concludes by asking the question that many commentators in the news have asked recently: is this recession different from the past?
Date: January 10, 2002
Creator: Labonte, Marc & Makinen, Gail
Partner: UNT Libraries Government Documents Department
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