Congressional Research Service

Displaying 1-13 of 13 results

  • White Papers // Aug 2010

    Deflation: Economic Significance, Current Risk, And Policy Responses

    Despite the severity of the recent financial crisis and recession, the U.S. economy has so far avoided falling into a deflationary spiral. Since mid-2009, the economy has been on a path of economic recovery. However, the pace of economic growth during the recovery has been relatively slow, and major economic...

    Provided By Congressional Research Service

  • White Papers // Aug 2010

    The European Union's Response To The 2007-2009 Financial Crisis

    The purpose of this paper is to assess the response of the European Union (EU) to the 2007-2009 financial crisis in terms of the financial regulatory changes the EU has made or is planning to make. The financial crisis began in the United States during the second half of 2006...

    Provided By Congressional Research Service

  • White Papers // Jun 2010

    Foreign Direct Investment In The United States: An Economic Analysis

    Foreign direct investment in the United States declined sharply after 2000, when a record $300 billion was invested in U.S. businesses and real estate. Foreign direct investments are highly sought after by many state and local governments that are struggling to create additional jobs in their localities. While some in...

    Provided By Congressional Research Service

  • White Papers // Jun 2010

    Financial Regulatory Reform And The 111th Congress

    The financial regulatory reform being considered in the 111th Congress is the continuation of a policy debate beginning before the September 2008 financial panic. For example, Treasury Secretary Henry Paulson issued a blueprint for financial reform in March 2008. In September 2008, after this paper was issued but before congressional...

    Provided By Congressional Research Service

  • White Papers // Apr 2010

    Who Regulates Whom? An Overview Of U.S. Financial Supervision

    Federal financial regulation in the United States has evolved through a series of piecemeal responses to developments and crises in financial markets. This paper provides an overview of current U.S. financial regulation: which agencies are responsible for which institutions and markets, and what kinds of authority they have. There are...

    Provided By Congressional Research Service

  • White Papers // Apr 2010

    Federal Financial Services Regulatory Consolidation: Structural Response To The 2007-2009 Financial Crisis

    To address the causes of the 2007-2009 financial crisis, three major proposals have been put forward that would consolidate at least some parts of the federal financial regulatory structure: the 2008 Department of the Treasury Blueprint for a Modernized Regulatory Structure (the Henry Paulson Plan), the Wall Street Reform and...

    Provided By Congressional Research Service

  • White Papers // Apr 2010

    The Global Economic Crisis: Impact On Sub-Saharan Africa And Global Policy Responses

    Sub-Saharan Africa has been strongly affected by the global recession, despite initial optimism that the global financial system would have few spillover effects on the continent. The International Monetary Fund (IMF) estimated in 2009 that average economic growth in Africa would slow to 1%, from an annual average of over...

    Provided By Congressional Research Service

  • White Papers // Apr 2010

    Summary Of Small Business Health Insurance Tax Credit Under PPACA (P.L. 111-148)

    This paper provides a description of the small business tax credit and illustrations of the phase-out for qualifying employers' contributions toward their workers' health insurance premiums, based on ?1421 and ?10105(e) of the Patient Protection and Affordable Care Act (PPACA, P.L. 111-148). This credit is available to for-profit and nonprofit...

    Provided By Congressional Research Service

  • White Papers // Mar 2010

    Financial Regulatory Reform: Systemic Risk And The Federal Reserve

    The recent financial crisis contained a number of systemic risk episodes, or episodes that caused instability for large parts of the financial system. The lesson some policymakers have taken from this crisis is that a systemic risk or "Macroprudential" regulator is needed to prevent similar episodes in the future. But...

    Provided By Congressional Research Service

  • White Papers // Mar 2010

    The Financial Crisis: Impact On And Response By The European Union

    The European Union (EU) and the United States have taken unusual and extraordinary steps to resolve the financial crisis while stimulating domestic demand to stem the economic downturn. These efforts appear to have been successful, although the economic recovery remains tepid. The economic recession and the financial crisis became reinforcing...

    Provided By Congressional Research Service

  • White Papers // Mar 2010

    Financial Market Supervision: European Perspectives

    The global financial crisis has sparked a debate over the cause and impact of the crisis. Academics and policymakers are searching for changes in the financial system that can correct any perceived weaknesses in the structure of regulation, the content of regulations, and the coverage of financial instruments and activities....

    Provided By Congressional Research Service

  • White Papers // Feb 2010

    The Global Financial Crisis: Analysis And Policy Implications

    The world appears to be recovering from the global recession that has caused widespread business contraction, increases in unemployment, and shrinking government revenues. Although the industrialized economies have stopped contracting, for many, unemployment is still rising. The United States likely hit bottom in June 2009, but numerous small banks and...

    Provided By Congressional Research Service

  • White Papers // Oct 2009

    Reauthorizing the Satellite Home Viewing Provisions in the Communications Act and the Copyright Act: Issues for Congress

    To further the longstanding U.S. media policy goal of localism, the current statutory framework for satellite and cable multichannel video programming distribution services distinguishes between the retransmission of local broadcast signals - the signals of stations located in the same local market as the subscriber - and of distant signals....

    Provided By Congressional Research Service

  • White Papers // Oct 2009

    Reauthorizing the Satellite Home Viewing Provisions in the Communications Act and the Copyright Act: Issues for Congress

    To further the longstanding U.S. media policy goal of localism, the current statutory framework for satellite and cable multichannel video programming distribution services distinguishes between the retransmission of local broadcast signals - the signals of stations located in the same local market as the subscriber - and of distant signals....

    Provided By Congressional Research Service

  • White Papers // Apr 2010

    Summary Of Small Business Health Insurance Tax Credit Under PPACA (P.L. 111-148)

    This paper provides a description of the small business tax credit and illustrations of the phase-out for qualifying employers' contributions toward their workers' health insurance premiums, based on ?1421 and ?10105(e) of the Patient Protection and Affordable Care Act (PPACA, P.L. 111-148). This credit is available to for-profit and nonprofit...

    Provided By Congressional Research Service

  • White Papers // Aug 2010

    Deflation: Economic Significance, Current Risk, And Policy Responses

    Despite the severity of the recent financial crisis and recession, the U.S. economy has so far avoided falling into a deflationary spiral. Since mid-2009, the economy has been on a path of economic recovery. However, the pace of economic growth during the recovery has been relatively slow, and major economic...

    Provided By Congressional Research Service

  • White Papers // Jun 2010

    Foreign Direct Investment In The United States: An Economic Analysis

    Foreign direct investment in the United States declined sharply after 2000, when a record $300 billion was invested in U.S. businesses and real estate. Foreign direct investments are highly sought after by many state and local governments that are struggling to create additional jobs in their localities. While some in...

    Provided By Congressional Research Service

  • White Papers // Feb 2010

    The Global Financial Crisis: Analysis And Policy Implications

    The world appears to be recovering from the global recession that has caused widespread business contraction, increases in unemployment, and shrinking government revenues. Although the industrialized economies have stopped contracting, for many, unemployment is still rising. The United States likely hit bottom in June 2009, but numerous small banks and...

    Provided By Congressional Research Service

  • White Papers // Mar 2010

    The Financial Crisis: Impact On And Response By The European Union

    The European Union (EU) and the United States have taken unusual and extraordinary steps to resolve the financial crisis while stimulating domestic demand to stem the economic downturn. These efforts appear to have been successful, although the economic recovery remains tepid. The economic recession and the financial crisis became reinforcing...

    Provided By Congressional Research Service

  • White Papers // Mar 2010

    Financial Market Supervision: European Perspectives

    The global financial crisis has sparked a debate over the cause and impact of the crisis. Academics and policymakers are searching for changes in the financial system that can correct any perceived weaknesses in the structure of regulation, the content of regulations, and the coverage of financial instruments and activities....

    Provided By Congressional Research Service

  • White Papers // Mar 2010

    Financial Regulatory Reform: Systemic Risk And The Federal Reserve

    The recent financial crisis contained a number of systemic risk episodes, or episodes that caused instability for large parts of the financial system. The lesson some policymakers have taken from this crisis is that a systemic risk or "Macroprudential" regulator is needed to prevent similar episodes in the future. But...

    Provided By Congressional Research Service

  • White Papers // Apr 2010

    The Global Economic Crisis: Impact On Sub-Saharan Africa And Global Policy Responses

    Sub-Saharan Africa has been strongly affected by the global recession, despite initial optimism that the global financial system would have few spillover effects on the continent. The International Monetary Fund (IMF) estimated in 2009 that average economic growth in Africa would slow to 1%, from an annual average of over...

    Provided By Congressional Research Service

  • White Papers // Apr 2010

    Federal Financial Services Regulatory Consolidation: Structural Response To The 2007-2009 Financial Crisis

    To address the causes of the 2007-2009 financial crisis, three major proposals have been put forward that would consolidate at least some parts of the federal financial regulatory structure: the 2008 Department of the Treasury Blueprint for a Modernized Regulatory Structure (the Henry Paulson Plan), the Wall Street Reform and...

    Provided By Congressional Research Service

  • White Papers // Apr 2010

    Who Regulates Whom? An Overview Of U.S. Financial Supervision

    Federal financial regulation in the United States has evolved through a series of piecemeal responses to developments and crises in financial markets. This paper provides an overview of current U.S. financial regulation: which agencies are responsible for which institutions and markets, and what kinds of authority they have. There are...

    Provided By Congressional Research Service

  • White Papers // Jun 2010

    Financial Regulatory Reform And The 111th Congress

    The financial regulatory reform being considered in the 111th Congress is the continuation of a policy debate beginning before the September 2008 financial panic. For example, Treasury Secretary Henry Paulson issued a blueprint for financial reform in March 2008. In September 2008, after this paper was issued but before congressional...

    Provided By Congressional Research Service

  • White Papers // Aug 2010

    The European Union's Response To The 2007-2009 Financial Crisis

    The purpose of this paper is to assess the response of the European Union (EU) to the 2007-2009 financial crisis in terms of the financial regulatory changes the EU has made or is planning to make. The financial crisis began in the United States during the second half of 2006...

    Provided By Congressional Research Service