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Discusses the geographic impact of base closures and realignments; and summarizes federal economic assistance programs for communities and individuals affected by military base closures and realignments (BRAC). The 2005 BRAC round includes the closure or realignment of 837 facilities and involves an additional 160 facilities that will gain missions or resources, for a total of 997 changes nationwide. Unlike previous rounds, the 2005 BRAC round is focused on creating the infrastructure needed to support a transformed, expeditionary armed force ¿ concentrated more on shifting forces and installation assets to promote the centralization of units in places from which they can be deployed rapidly. Charts and tables.
Under the Base Realignment and Closure (BRAC) process, military facilities were closed and realigned in 1988, 1991, 1993, and 1995. A fifth BRAC round was authorized in late 2005 and must be completed by September 15, 2011. Under the BRAC process: (1) the Department of Defense (DOD) prepares a list of military bases to be realigned or closed; (2) an independent BRAC Commission reviews the list, makes changes and sends a revised list to the President; (3) the President approves and transmits the list to Congress; and (4) the BRAC recommendations are implemented, unless a joint resolution is passed in Congress disapproving the recommendations for closures and realignments. The 2005 BRAC round includes the closure or realignment of 837 facilities and involves and additional 160 facilities that will gain missions or resources, for a total of 997 changes nationwide. Most of these changes are on a smaller scale, each involving fewer than 300 direct job losses or gains, including military, civilian, and contractor jobs. Unlike previous rounds, the 2005 BRAC round is focused on creating the infrastructure needed to support a transformed, expeditionary armed force -- concentrated more on shifting forces and installation assets to promote the centralization of units in places from which they can be deployed rapidly. Thus, the 2005 BRAC round is characterized much more by realignment than closure. In 20 communities, an estimated increase of 170,000 workers is expected.
Identifies and describes specific government assistance opportunities such as loans, grants, counseling, and procurement contracts available under many agencies and programs.
This series spans the globe presenting leading research in economics. It is perhaps a sign of the times that economic weapons such as sanctions seem to be as powerful as or more so than tanks. International applications and examples of economic progress are invaluable in a troubled world with economic booms bursting like so many penny balloons. Contents: Preface; High Inflation Episodes in Transition Economies: An Empirical Analysis; Testing for Model Mis-Specification and Bubbles under the Chinese Hyperinflation; The Duality of Market Structures; Inflation and Unemployment: What's the Connection?; The Idea of Economic Freedom; Stimulating Clean Technology; Paternalistic Altruism, Life-Cycle Hypothesis, and the Ricardian Equivalence; The Effect of Volatility in the Federal Funds Rate on Commercial Bank Borrowing at the Discount Window; Vietnam's Transition to a Market Economy; Maquiladoras and NAFTA: The Economics of US-Mexico Production Sharing and Trade; Trade Conflict and the US-European Union Economic Relationship; Index.