Posts tagged ‘stimulus’

New Government Report: Sovereign Debt (SD) in Advanced Economies

Sovereign Debt (SD) in Advanced Economies: Overview and Issues for Congress

by Rebecca M. Nelson
Paperback, 31 pages, 2011, $20.00
ISBN: 1437987109

SD, also called public debt or government debt, refers to debt incurred by governments. Since the global financial crisis of 2008-2009, public debt in advanced economies has increased substantially. A number of factors related to the financial crisis have fueled the increase, including fiscal stimulus packages, the nationalization of private-sector debt, and lower tax revenue. Even if economic growth reverses some of these trends, aging populations in advanced economies are expected to strain government debt levels in coming years. Contents of this report: Definition and Concepts; Trends in SD; Addressing High Debt Levels; Is the U.S. Headed for a Eurozone-Style Debt Crisis?; Implications for the U.S. Economy; U.S. Bank Exposure Overseas.

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June 13, 2011 at 12:09 pm Leave a comment

New Government Report: Economic Recovery

Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy

by Craig K. Elwell
Paperback, 18 pages, 2010, $15.00
ISBN: 9781437944174

“Contents: (1) Background: Severity of the 2008-2009 Recession; Policy Responses to the Financial Crisis and Recession: Monetary Policy Actions; Fiscal Policy Actions; (2) Is Sustained Economic Recovery Underway?; (3) The Shape of Economic Recovery: Demand Side Problems?: Consumption Spending; Investment Spending; Net Exports; Supply Side Problems?; Policy Responses to Increase the Pace of Economic Recovery: The Case for More Fiscal Stimulus; The Case Against More Fiscal Stimulus; The Case Against More Monetary Stimulus; Economic Projections. This is a print on demand edition of an important, hard-to-find publication.”

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February 8, 2011 at 11:36 am Leave a comment

New Government Report: Auto Industry: Lessons Learned from Clash for Clunkers Program

Auto Industry: Lessons Learned from Cash for Clunkers Program
by A. Nicole Clowers (Paperback, 43 pages, 2010, $25)

In July and August 2009, the federal government implemented the Consumer Assistance to Recycle and Save (CARS) program, or “Cash for Clunkers,” a temporary vehicle retirement program that offered consumers a monetary credit ($3,500 or $4,500) to trade in an older vehicle for a new, more fuel-efficient one.

The National Highway Traffic Safety Administration (NHTSA) was responsible for administering the program, and GAO was required to review the program’s administration.

This report examines (1) what is known to date about the extent to which the CARS program achieved its objectives; (2) what stakeholders’ experiences were with the CARS program; and (3) how the CARS program compares to other selected domestic and international vehicle retirement programs. Tables and figures.

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May 3, 2010 at 8:00 am Leave a comment

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