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商务英阅读下册unit 15
Unit Fifteen;了解世界经济的状况
了解世界经济强国的情况
了解中国在世界经济中的位置
了解世界经济的未来发展
;
current account
driving forces
bad loans
demographic problem
globalization
;Text
Fast Reading I
Fast Reading II ;Pre-reading questions
1.What do you think of the world economy at present?
2. Do you think China will lead the world economy in the coming future? State your reasons.; It was reported, the world economy grew slightly from 2004, led by the extraordinary boom in China and very high growth in most other third world countries. America and Japan also had fairly strong growth, although Western Europe had a more dismal performance. People in the world are worrying: Can the good times last? Or is the world economy heading for a crisis?
Analyst said the world economic boom has been driven by two factors. One, it is said the economic growth is driven by a gradual liberalization of world trade and a liberalization of major third world economies like China and India. The increased liberalization of world trade has increased the scope of international division of labor and permanently helped raise growth in the world as a whole and in particular in third-world countries. Another reason for the increased growth in emerging economies is the free market reforms implemented there with a country like China transforming itself into the economic track with a seemingly endless supply of cheap but competent labor.
; To better understand the prospects for the world economy, maybe we should analyze the strengths and weaknesses of the four main economic powerhouses of the world: the United States, the European Union, Japan, and China, as they are the main driving forces in the world economy.
American economy
The American economys strong side is that it is market-oriented economy, with tax rates and regulation being far less burdensome than in the major European economies and Japan. It also has well-developed financial markets and institutions for higher education. This help
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