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英语翻译基础历年真题试卷汇编 90 (题后含答案及解析)
全部题型 2. 英汉互译
英汉互译
英译汉
1 . Global financial stability has improved over the past six months,
bolstered by better macroeco-nomic performance and continued accommodative
macroeconomic policies, but fragilities remain. The two-speed recovery—modest
in advanced economies and robust in emerging market economies—has posed
different policy challenges for countries. In advanced economies hit hardest by the
crisis, governments and households remain heavily indebted, to varying degrees,
and the health of financial institutions has not recovered in tandem with the
overall economy. Emerging market economies are facing new challenges
associated with strong domestic demand, rapid credit growth, relatively
accommodative macroeconomic policies, and large capital inflows. Geopolitical
risks could also threaten the economic and financial outlook, with oil prices
increasing sharply amid fears of supply disruptions in the Middle East and North
Africa. The main task facing policymakers in advanced economies is to shift the
balance of policies a-way from reliance on macroeconomic and liquidity support
to more structural policies — less “leaning” and more “cleaning” of the
financial system. This will entail reducing leverage and restoring market discipline,
while avoiding financial or economic disruption during the transition. Thus,
ongoing policy efforts to withdraw (implicit) public guarantees and ensure
bondholder liability for future losses must build on more rapid progress toward
stronger bank balance sheets, ensuring medium-term fiscal sustainability and
addressing excessive debt burdens in the private sector. For policymakers in
emerging market economies, the task is to limit overheating and a buildup of
vulnerabilities— to avoid “cleaning” later. Emerg
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