专业实习翻译材料.docVIP

Passages for Translation into Chinese Passage One The Good (and Bad) Model Guide A summary of economic models’ best and worst features: 1. The American model Good points: flexible labor and product markets; low taxes; fierce competition; and shareholder capitalism, which puts pressure on managers to maximize profits. Bad points: wide income inequalities; low welfare benefits; poor quality of “public goods”, such as primary and secondary education; low investment and very low savings rates. 2. Japanese model Good points: lifetime employment encouraged loyalty and high skill levels;