International economic relations (71 - 80 of 444 items)
Benefits and Costs of the Debt Relief Enhancement Act of 2002
GAO-03-215R: Published: Oct 11, 2002. Publicly Released: Oct 11, 2002.
Despite years of effort to provide debt relief to the world's poorest countries, these countries' debt problems still have not been resolved. In response to this situation, Congress introduced Senate Bill 2210, the Debt Relief Enhancement Act of 2002, to reduce these countries' debt service payments to manageable levels. The act proposes that no qualified country pay more than 10 percent of its re...
World Trade Organization: Analysis of China's Commitments to Other Members
GAO-03-4: Published: Oct 3, 2002. Publicly Released: Oct 3, 2002.
China's entry into the World Trade Organization (WTO) on December 11, 2001, represented a major step in the reform efforts of the U.S.'s fourth largest trading partner. When implemented, these reforms will liberalize and modernize China's economy and trading activities, including its industrial, services, and agricultural sectors. However, understanding the implications of China's accession depend...
World Trade Organization: Selected U.S. Company Views about China's Membership
GAO-02-1056: Published: Sep 23, 2002. Publicly Released: Sep 23, 2002.
China's entry into the World Trade Organization (WTO) on December 11, 2001, brought the world's seventh largest economy under global trade liberalizing rules. If implemented, China's commitments will open China's economy and reform its trading activities, thereby expanding U.S. companies' opportunities for investing in China and for exporting goods, agricultural products, and services to China. Un...
International Trade: Federal Action Needed to Help Small Businesses Address Foreign Patent Challenges
GAO-02-789: Published: Jul 17, 2002. Publicly Released: Aug 22, 2002.
Small and start-up businesses are principal sources of innovation and are vital to U.S. economic growth. Statistics show that small business created more than 5.5 million new jobs in the United States during the 1990s. In the current global economy, protecting innovations in the United States and abroad is an important component of small businesses' ability to develop overseas markets. The cost of...
Compact of Free Association: An Assessment of Current U.S. Proposals to Extend Assistance
GAO-02-857T: Published: Jul 17, 2002. Publicly Released: Jul 17, 2002.
The United States entered into the Compact of Free Association with the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands (RMI) In 1986. The Compact has provided U.S. assistance to the FSM and the RMI in the form of direct funding as well as federal services and programs. The Compact allows for migration from both countries to the United States and established U.S. defe...
Cambodia: Governance Reform Progressing, But Key Efforts Are Lagging
GAO-02-569: Published: Jun 13, 2002. Publicly Released: Jun 13, 2002.
According to United Nations data, Cambodia has received more than $3 billion in assistance since 1993. Although Cambodia has achieved relative peace and stability, continued widespread corruption and a weak judicial system undermine efforts to reduce poverty and foster economic growth. Since 1993, the United States has provided Cambodia with over $200 million to reduce poverty and foster economic...
Foreign Assistance: USAID Relies Heavily on Nongovernmental Organizations, but Better Data Needed to Evaluate Approaches
GAO-02-471: Published: Apr 25, 2002. Publicly Released: May 10, 2002.
U.S. officials are interested in transferring some government social welfare functions to nongovernmental organizations (NGOs). One area is in the delivery of foreign assistance to developing countries and countries transitioning from communism to market-oriented democracy. Many NGOs active in international development have years of experience working overseas and have received millions of dollars...
Developing Countries: Switching Some Multilateral Loans to Grants Would Lesson Poor Country Debt Burdens
GAO-02-698T: Published: May 2, 2002. Publicly Released: May 2, 2002.
Last year, President Bush proposed that the World Bank and other development banks replace half of all future loans to the world's poorest countries with grants. The goal of the proposal was to relieve poor countries' long term debt burdens. The World Bank estimates that the proposal would result in a financial loss of $100 billion dollars to it during the next 40 years. GAO found that the proposa...
Developing Countries: Switching Some Multilateral Loans to Grants Lessens Poor Country Debt Burdens
GAO-02-593: Published: Apr 19, 2002. Publicly Released: Apr 19, 2002.
Last year the United States proposed that the World Bank and other development banks distribute more grants to the world's poorest countries to help ease their long-term debt burdens. The United States recommended that grants replace up to half of all future lending. The proposal has been controversial because of its potential impact on the resources available to poor countries. The World Bank est...
Export Controls: Rapid Advances in China's Semiconductor Industry Underscore Need for Fundamental U.S. Policy Review
GAO-02-620: Published: Apr 19, 2002. Publicly Released: Apr 19, 2002.
Since 1986, China has narrowed the gap between the U.S. and Chinese semiconductor manufacturing technology from between seven to 10 years to two years or less. China's success in acquiring manufacturing technology from abroad has improved its semiconductor manufacturing facilities for more capable weapons systems and advanced consumer electronics. The multilateral Wassenaar Arrangement on Export C...