Trade Adjustment Assistance: One-Time Grants Awarded to Trade Communities; Results Will Not Be Known until after 2013

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Our Price: $20.00

By J. Alfredo Gomez (au)
Year: 2012
Pages: 36
Binding Paperback
ISBN 978-1-4578-4019-7

Product Code: 1457840197

Description

Congress established the Community Trade Adjustment Assistance (CTAA) program in Feb. 2009 through the Trade and Globalization Adjustment Assistance Act (TGAAA), passed as part of the Am. Recovery and Reinvestment Act. The CTAA program was designed to supplement other Trade Adjustment Assistance programs by providing assistance through grants to trade-impacted communities to help them become more competitive in the global economy. In 2010, the Dept. of Commerceäó»s Economic Development Admin. (EDA) awarded $36.8 million in CTAA grants to 36 communities. The admin. proposed to discontinue the program, contending that EDA could provide similar assistance to communities at a lower cost through its Economic Adjustment Assistance (EAA program). Congress responded by repealing the CTAA program in 2012. This report reviewed the operation and effectiveness of Trade Adjustment Assistance programs. It determined (1) how EDA made grant award decisions; (2) what mechanisms EDA established to monitor the grants and evaluate their effectiveness; and (3) how the CTAA program compared with other EDA community grant programs. Tables and figures.

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