U.S. Shipping and Shipbuilding: Trends and Policy Choices
Abstract
As the Congress considers the many issues bearing on U.S. national security, one of the more difficult matters will be what, if anything, should be done to assist the economically troubled U.S. shipping and shipbuilding industries. Without government assistance or other reform, these industries--long considered important to the economic and security interests ofthe United States--may shrink because of slack market conditions and lower-cost foreign competition. This shrinkage may ultimately impair the ability of the United States to mobilize, deploy, and support its forces in war.This report, prepared at the request of the Senate Committee on Armed Services, reviews the background and current status of the maritime industries and U.S. maritime policy. It suggests policy options for providing further support and assesses the probable budgetary and/or economic impact of these options. In accordance with CBO's mandate to provide objective and impartial analysis, this study makes no recommendations.
Document Details
- Document Type
- Technical Report
- Publication Date
- Aug 01, 1984
- Accession Number
- AD1001731
Entities
People
- Peter T. Tarpgaard
Organizations
- Congressional Budget Office