Chapter 1.The United States in a Global Economy.ppt

The United States in a Global Economy全球经济中的美国 Chapter 1 In this chapter: Ⅰ The Re-Emergence of International Economic Integration Ⅱ Globalization in Perspective Ⅲ Twelve Issues in the International Economy ⅠThe Re-Emergence of International Economic Integration(P2~3)国际经济一体化的再现 1. The economic crisis of 1997 1997年的经济危机 2. Instability has never been truly eliminated 不稳定从来没有被真正消除过。 3. Internet and instantaneous information open up an entirely new development stage 因特网和即时信息开拓了一个全新的发展时代. The economic crisis of 1997（P1-2）1997年的经济危机 An economic crisis hit East Asia in 1997 and the crisis was spread globally 1997年的经济危机袭击东亚并在全球扩散。 1. Japanese and European banks were heavily exposed with a large number of loans to the region 日本和欧洲的银行以大量的贷款暴露在该地区。 2. North and South American stock markets felt pressures from nervous investors 北美和南美的股票市场由于投资者紧张不安而感到压力。 3. American firms prepared for a wave of cheap imports brought on by the depreciated Asian currencies 由于亚洲货币的贬值而引起美国企业准备应对廉价进口商品冲击的浪潮。 The economic crisis of 1997（P1-2）1997年的经济危机 4. The Mexican peso collapse in 1994 墨西哥的比索在1994年暴跌。 5. Speculation against the European Monetary System in 1992 1992年针对欧洲货币体系的投机活动出现。 6. The overvalued US dollar in the mid-1980s 80年代中期美元估值过高。 7. The onset of the third-world debt crisis in 1982 1982年，第三世界的债务危机爆发。 Conclusion: All posed equally serious challenges to global financial stability. 结论：所有这些都形成了对全球金融稳定的严重挑战。 2. Instability has never been truly eliminated （P3）不稳定从来都没有被真正消除 Individual countries have experienced domestic crises related to their international economic networks (Argentina, Turkey, Russia，and others) 近几年来，与亚洲金融危机所引起的不稳定相比，世界经济还是比较繁荣稳定的。然而，个别国家已经经历过由外部经济联系而导致的国内经济危机（如阿根廷、土耳其、俄罗斯及其他国家）。 And worries over the possibility of regional or global problems never disappear completely。 e.g., the large US trade imbalances in the first decades of the new millennium worry many analysts. 而且对于区域性或世界性经济危机的可能性就没有真正消除过。例如，美国在新世纪巨大的贸