Category «Economy»

New GAO Reports – Defense Acquisition Workforce, Electronic Drug Labeling, Internet Pharmacies, Investment Advisers, TARP

Defense Acquisition Workforce – The Air Force Needs to Evaluate Changes in Funding for Civilians Engaged in Space Acquisition, GAO-13-638, Jul 8, 2013 Electronic Drug Labeling – No Consensus on the Advantages and Disadvantages of Its Exclusive Use, GAO-13-592, Jul 8, 2013 Internet Pharmacies – Federal Agencies and States Face Challenges Combating Rogue Sites, Particularly …

Subjects: E-Commerce, Economy, Government Documents, Internet

Controlling Federal Spending by Managing the Long Tail of Procurement

Controlling Federal Spending by Managing the Long Tail of Procurement: David C. Wyld “In this report, Professor Wyld provides the first quantitative analysis of tail spend in the federal government.  In short, tail spend is procurement outlays that are outside of an organization’s core spending and core supplier groups, covering many miscellaneous expenditure categories that …

Subjects: Economy, Government Documents, Knowledge Management

BIS – Capital requirements for banks’ equity investments in funds

“The Basel Committee on Banking Supervision today published a set of proposals that would revise the prudential treatment of banks’ equity investments in funds. The Basel II framework outlines the current treatment of banks’ equity investments in funds under the Standardised Approach and the Internal Ratings-Based (IRB) approaches for credit risk and the Committee believes …

Subjects: Economy, Government Documents

BIS – New Report on Regulatory Consistency Assessment Programme

“The Basel Committee on Banking Supervision has today published its first report on the regulatory consistency of risk-weighted assets (RWAs) for credit risk in the banking book. This study is a part of its wider Regulatory Consistency Assessment Programme (RCAP), which is intended to ensure consistent implementation of the Basel III framework. The study draws …

Subjects: Economy, Government Documents

Europe – Parliament sets out priorities for overhauling EU banks

News release: “Bank board members must be personally liable for mistakes and banks’ riskier trading activities must be clearly separated from their more conservative lending ones, said MEPs on Wednesday, in a resolution setting out Parliament’s priorities for a broad overhaul of EU banks. The non-legislative resolution, an input to Commission proposals due in September, …

Subjects: Economy, Government Documents

BLS – June payroll employment increases unemployment rate unchanged

News release: “Total nonfarm payroll employment increased by 195,000 in June, and the unemployment rate was unchanged at 7.6 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in leisure and hospitality, professional and business services, retail trade, health care, and financial activities. Household Survey Data The number of unemployed persons, at 11.8 …

Subjects: Economy, Government Documents

ALA Resources Guide on the Affordable Care Act

“The Affordable Care Act was passed by Congress and then signed into law by the President on March 23, 2010.  On June 28, 2012, the Supreme Court rendered a final decision to uphold the health care law… Role of Libraries – ALA Policy B.8.11, The Role of Libraries in Providing E-Government and Emergency Services (Old …

Subjects: Economy, Education, Government Documents, Health Care, Knowledge Management, Legislation, Libraries, Marketing

BIS Working Paper – Credit and growth after financial crises

Credit and growth after financial crises, by Előd Takáts and Christian Upper Working Papers No 416 July 2013 “We find that declining bank credit to the private sector will not necessarily constrain the economic recovery after output has bottomed out following a financial crisis. To obtain this result, we examine data from 39 financial crises, …

Subjects: Economy, Government Documents

Global systemically important banks: updated assessment methodology and the higher loss absorbency requirement

BIS: The framework text sets out the Basel Committee’s methodology for assessing and identifying global systemically important banks (G-SIBs). It also describes the additional loss absorbency requirements that will apply to G-SIBs, the phase-in arrangements for these requirements and the disclosures that banks above a certain size are required to make to enable the framework …

Subjects: Economy, Government Documents

Federal Reserve Board approves final rule to help ensure banks maintain strong capital positions

News release: “The Federal Reserve Board on [July 2, 2013] approved a final rule to help ensure banks maintain strong capital positions that will enable them to continue lending to creditworthy households and businesses even after unforeseen losses and during severe economic downturns. The final rule minimizes burden on smaller, less complex financial institutions.; It …

Subjects: Economy, Government Documents

CRS – Foreign Holdings of Federal Debt

Foreign Holdings of Federal Debt, Marc Labonte – Specialist in Macroeconomic Policy; Jared Conrad Nagel, Information Research Specialist. June 24, 2013 “This report presents current data on estimated ownership of U.S. Treasury securities and major holders of federal debt by country. Federal debt represents the accumulated balance of borrowing by the federal government. To finance …

Subjects: Economy, Government Documents

CRS – The Commodity Futures Trading Commission: Background and Current Issues

The Commodity Futures Trading Commission: Background and Current Issues – Rena S. Miller – Analyst in Financial Economics, June 24, 2013 “The CFTC witnessed a major expansion of its role in overseeing derivatives markets following passage of the Dodd-Frank Act in 2010. This act br ought previously unregulated over-the-counter (OTC) derivatives, called swaps, under the …

Subjects: Congress, Economy, Government Documents, Legislation