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Diane Publishing Books
Trade Adjustment Assistance: Commerce Program Has Helped Manufacturing and Services Firms, but Measures, Data, and Funding Formula Could Improve
J. Alfredo gGmez (au)
Over the past decade, U.S. imports of goods and services have almost doubled, reaching $2.7 trillion in 2011. Although trade expansion can enhance economic welfare, many firms and workers experience difficulties adjusting to import conditions. The Trade Adjustment Assistance (TAA) for Firms program assists trade-impacted, economically distressed U.S. firms in making adjustments that may enable them to remain competitive in the global economy. The Dept. of Commerceńˇ╗s Economic Development Admin. (EDA) administers the $15.8 million program through 11 TAA Centers throughout the U.S. This report examined (1) the results of legislative changes on program operations and participation; (2) the performance measures and data EDA uses to evaluate the program and what these tell us about the programńˇ╗s effectiveness; and (3) how program funding is allocated and spent. Figures and tables. This is a print on demand report.
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