International Finance
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go directly to report, HTML _ RS20909 - Trade Agreements: A Pro/Con Analysis of Including Core Labor Standards
11-May-2001; Gary Wells; 6 p.
Abstract: The 107th Congress is expected to consider extending fast-track trade implementing authority to the President.  Fast-track procedures provide for limited debate and no amendments to legislation that implements certain trade agreements.  A key area of debate will likely be whether to require resultin.... [expand]  [read report]
Topics: Economics & Trade, International Finance
go directly to report, HTML _ RL30329 - Current Economic Conditions and Selected Forecasts
27-Apr-2001; Gail Makinen; 25 p.
Abstract: (Formerly 96-963)

According to the National Bureau of Economic Research, the agency that dates the American business cycle, the U.S. economic expansion that began in March 1991 is now the longest peacetime expansion in American history.

Gross Domestic Product (GDP), our basic measure .... [expand]  [read report]
Topics: Economics & Trade, International Finance

go directly to report, HTML _ 98-74 - Asian Financial Crisis: An Analysis of U.S. Foreign Policy Interests and Options
23-Apr-1998; Richard Cronin; 36 p.
Abstract: The sharp fall in the currencies and stock markets of a number of East Asian economies since July 1997 has the potential to damage U.S. regional and other foreign policy interests, in addition to the expected detrimental effects on the U.S. economy, including slower growth, falling exports, and a ri.... [expand]  [read report]
Topics: Economics & Trade, International, International Finance
go directly to report, PDF _ RL32364 - International Monetary Fund: Organization, Functions, and Role in the International Economy
22-Apr-2004; Jonathan E. Sanford and Martin A. Weiss; 24 p.
Update: December 22, 2004.... [expand]  [read report]
Abstract: The International Monetary Fund (IMF), conceived at the Bretton Woods conference in July 1944, has become the focal point of the international monetary system. Created in 1946 with 46 members, it has grown to include 184 countries. The IMF has six purposes that are outlined in Article I of the IMF A.... [expand]  [read report]
Topics: International Finance
go directly to report, HTML _ RL30534 - America's Growing Current Account Deficit: Its Cause and What It Means for the Economy`
19-Apr-2001; Marc Labonte, Gail Makinen; 6 p.
Abstract: The U.S. current account deficit, popularly known as the trade deficit, is on the rise. (1) Over the current economic expansion it has grown from 0.2% of GDP in 1991 to a record high of 4.4% of GDP in 2000, which exceeded the previous high of 2.8% reached in 1986. This growth was particularly rapid .... [expand]  [read report]
Topics: Economics & Trade, International Finance, International
go directly to report, HTML _ IB95077 - The Former Soviet Union and U.S. Foreign Assistance
18-Apr-2001; Curt Tarnoff; 7 p.
Abstract: Seeking to encourage a transition to democracy and free market economics in the states of the former Soviet Union (FSU), the United States, since December 1991, has offered roughly $7.3 billion in grants for economic and technical assistance to the region. Most of the grant assistance has been provi.... [expand]  [read report]
Topics: International, Economics & Trade, International Finance
go directly to report, PDF _ RS21330 - The International Monetary Fund: Current Reforms
14-Apr-2004; Martin A. Weiss; 6 p.
Update: November 4, 2004.... [expand]  [read report]
Abstract: In the wake of financial crises in Mexico (1994-1995), East Asia (1997-1998), Russia (1998), Argentina and Turkey (2000-2001), the IMF has been challenged to rethink both its core mission, its operations, and its lending activities. The IMF has responded to its critics with numerous reforms. The ref.... [expand]  [read report]
Topics: International Finance
go directly to report, PDF _ RL30272 - Global Financial Turmoil, the IMF, and the New Financial Architecture
14-Apr-2000; Dick Nanto; 32 p.
Abstract: This report focuses on the global financial turmoil in 1997-2000 that spread from Thailand, through Southeast Asia, up the coast to South Korea, and eventually battered Russia, and hit Brazil and the policy issues it has raised. It briefly reviews the problem and examines a number of the major polic.... [expand]  [read report]
Topics: International, International Finance, Economics & Trade
go directly to report, HTML _ RL30461 - Trade Remedy Law Reform in the 107th Congress
12-Apr-2001; William Cooper; 6 p.
Abstract: Trade remedies are government measures to minimize the adverse impact of imports on domestic industries. Antidumping duties are used to counter the effects of imports sold at unfairly low prices on the domestic market. Countervailing duties are used to counter the price effects of imports that benef.... [expand]  [read report]
Topics: Economics & Trade, International, International Finance
go directly to report, HTML _ 94-291 - GATT Trade Liberalization, and the Environment: An Economic Analysis
5-Apr-1994; Arlene Wilson; 14 p.
Abstract: The primary cause of environmental degradation is market failure, not trade liberalization. One type of market failure occurs when, for example, production pollutes a nearby river, but the cost of the product produced does not include the cost of environmental degradation. The most efficient remedy .... [expand]  [read report]
Topics: Economics & Trade, International Finance
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