题目内容
（请给出正确答案）
A、ranging
B、 differing
C、 altering
D、 separating
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更多“As one Asian economy after ano…”相关的问题
Which information is INCORRECT about APEC？
A．It was founded when Asian economy is in blossom.
B．It makes decisions according to the wish of most member countries.
C．It aims at free trade and investment.
D．New Zealand is one of its member countries.
National governments, which used to worry about managing and maintaining their economic systems, are slowly being pushed out of business. Changes in global finance overwhelm all but the largest governments. Governments have lost much of their influence over the movement of information and capital. They cannot control who crosses their borders either physically or culturally.
Conversely, the power of global businesses is growing with companies&39; ability to move to the most advantageous locations and play countries off against one another in bidding for attractive investment projects.
？ Read the article below about South-east Asian stocks.
？ For each question 23-28 on the opposite page, choose the correct answer.
？ Mark one letter (A, B or C) on your Answer Sheet.
After a good 2003, will 2004 be better？
The past year has been a good one for Southeast Asian stocks. Markets in both Singapore and the Philippines have risen by more than 30% in dollar terms; Indonesia has surged more than 70%; and tigerish Thailand has leapt by almost 130%. Investors, needless to say, are keen to know whether lightning will strike again in the same places in 2004. There is indeed something good in store: elections.
The gains of the past year are easy to explain. Indonesia, for one, has finally found its feet after years of chaos following the regional crisis in 1997. Inflation and interest rates are failing, and the economy has grown by around 4% in the past year.
Thailand's economy, meanwhile, has been doing even better. It has grown at an annual rate of 6.5% in the year as a whole. Because of low interest rates, consumers have been wildly purchasing cars and houses, helping crisis-hit companies pay off their debts and thus improving the balance sheets of Thailand's struggling banks.
Analysts tell similar tales of asset increase all around the region. Markus Rosgen, of ING, a Dutch bank, notes that Asians have been piling up deposits in their bank accounts since the crisis. With interest rates so low, he argues, they now have an incentive either to consume more or to put their savings into more lucrative investments. Either way, share prices should rise. Even now, ail Southeast Asian markets are still well below their pre-crisis highs. Moreover, points out Christopher Wood of CLSA, an investment bank, all Southeast Asian markets except Singapore serve as useful hedges against America, since they do not rise and fall with Wall Street.
Unexpected events might yet upset these rosy prospects. There will be elections in the Philippines and Indonesia in 2004, and probably in Malaysia, too. Thailand goes to the polls at the beginning of 2005. Economically corrupted governments, street protests or bombing campaigns are always a possibility. But the responsible leaders seem likely to get re-elected in all four countries. Furthermore, they will spend a lot of money in the process, out of both the state budget and their own pockets, giving their economies a further boost. As a recent report by ING points out, Indonesian stocks rose in the nm-up to all of the past three elections.
About 2004 investors are eager to learn whether
A．it is the right time to make investment.
B．Southeast Asian stocks will be better.
C．there will be any elections.
Read the article below about South-east Asian stocks. For each question 1-6 on the opposite page, choose the correct answer. Mark one letter (A, B or C) on your Answer Sheet.
After a good 2003, will 2004 be better
The past year has been a good one for Southeast Asian stocks. Markets in both Singapore and the Philippines have risen by more than 30% in dollar terms; Indonesia has surged more than 70%; and tigerish Thailand has leapt by almost 130%. Investors, needless to say, are keen to know whether lightning will strike again in the same places in 2004. There is indeed something good in store: elections.
The gains of the past year are easy to explain. Indonesia, for one, has finally found its feet after years of chaos following the regional crisis in 1997. Inflation and interest rates are failing, and the economy has grown by around 4% in the past year.
Thailands economy, meanwhile, has been doing even better. It has grown at an annual rate of 6.5% in the year as a whole. Because of low interest rates, consumers have been wildly purchasing cars and houses, helping crisis-hit companies pay off their debts and thus improving the balance sheets of Thailands struggling banks.
Analysts tell similar tales of asset increase all around the region. Markus Rosgen, of ING, a Dutch bank, notes that Asians have been piling up deposits in their bank accounts since the crisis. With interest rates so low, he argues, they now have an incentive either to consume more or to put their savings into more lucrative investments. Either way, share prices should rise. Even now, ail Southeast Asian markets are still well below their pre-crisis highs. Moreover, points out Christopher Wood of CLSA, an investment bank, all Southeast Asian markets except Singapore serve as useful hedges against America, since they do not rise and fall with Wall Street.
Unexpected events might yet upset these rosy prospects. There will be elections in the Philippines and Indonesia in 2004, and probably in Malaysia, too. Thailand goes to the polls at the beginning of 2005. Economically corrupted governments, street protests or bombing campaigns are always a possibility. But the responsible leaders seem likely to get re-elected in all four countries. Furthermore, they will spend a lot of money in the process, out of both the state budget and their own pockets, giving their economies a further boost. As a recent report by ING points out, Indonesian stocks rose in the nm-up to all of the past three elections.
About 2004 investors are eager to learn whether
A.it is the right time to make investment.
B.Southeast Asian stocks will be better.
C.there will be any elections.
The most important development, however, is a non-event: the collapse of global capitalism has not occurred. Instead, the post-crisis world is likely to be even more market-oriented than the one that preceded it, with a proliferation of new rules and practices that will help markets to operate more smoothly. The countries recovering best, such as Thailand and South Korea, are doing so by moving further in a free-market direction. None of the affected nations has tried to isolate itself from the global economy, and the widely feared worldwide wave of protectionism has not yet materialized.
Nor has there been the great rethinking of economic globalization that some feared and others advocated. The critics of global capitalism pounced on the crisis as proof of globalization's fatal flaws. Their analyses often concluded that "there must be something better." On the contrary, economists have taken free-market principles as the starting point for new ideas, not called them into question.
There has been much criticism of the so-called Washington consensus—the traditional free-market orthodoxy that uniformly prescribes fiscal discipline, deregulation, and financial liberalization. Partly as a result of the crisis, a new consensus simply adds extra prescriptions—such as better financial supervision, labor market, etc.—to the list. It is an elaboration of the original consensus, not a new departure.
Numerous studies also show that engagement in the global economy leads to higher growth and helps to reduce poverty in developing countries. Today's economic arguments are not over fundamental free-market policies, but what must be done to supplement them. Likewise, the efforts to devise a new "international financial architecture" in the wake of the crisis, due to continue during the spring meetings of the World Bank and the International Monetary Fund in Washington, will not involve rebuilding the system from scratch. The aim is to make incremental improvements in financial rules and practices that will oil the wheels of the market system, not to trade it in for a non-existent new model.
What is the main idea of the first paragraph？
A．After the severe Asian Financial Crisis, the world economy began to recover.
B．Asian Financial Crisis is as devastating as a neutron bomb and causes great damage.
C．There are still direct and indirect impacts so that the economy cannot recover.
D．The direct impact of Asian Financial Crisis has gone.
A．due.
B．remote.
C．imaginative.
D．unpredictable.
According to the author, the economy of East Asian countries grew very fast because of the following measures EXCEPT ______.
A．encouraging export
B．opening up to foreign investments
C．limiting international financial flows
D．controlling import
The charity group Plan International says 600 million Asian children are deprived of one of the seven basic needs used to define poverty, including food, safe water, shelter, health and education. And it says 350 million children, equivalent to the population of the European Union, are deprived of two or more basic needs, classifying them as absolutely poor.
The group's executive director, Tom Miller, compares these figures to those of the victims from the earthquake and tsunami that devastated parts of southern Asia eight months ago. "Those numbers are absolutely staggering. The world has focused very much on Asia through the tsunami. But in many ways, what we're talking about is, this is a silent tsunami that is happening every single day."
The group, basing its figures on United Nations statistics, says some Asian countries, like China and parts of Southeast Asia, have considerably reduced their numbers of poor children. But it says significant populations of poor people remain in isolated rural areas and among ethnic minorities.
According to the news, which of the following is not among the basic needs used to define poverty？
A．food
B．health
C．education
D．freedom
A.A.encouraging export
B.B.opening up to foreign investments
C.C.limiting international financial flows
D.D.controlling import
The author of this essay seems to suggest that ______.
A．the devaluation of Malaysia's currency is due to the American plot
B．the Asian Crisis is the result of ASEAN pandering to terrorist governments
C．there is not a serious economic problems in Southeast Asia at all
D．the economic problems in some Asian countries is partly the result of their overheating economy
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