日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

English 中文網 漫畫網 愛新聞iNews 翻譯論壇
中國網站品牌欄目(頻道)
當前位置: Language Tips> Audio & Video> 新聞播報> Normal Speed News VOA常速

Top economic stories of 2010

[ 2010-12-20 16:23]     字號 [] [] []  
免費訂閱30天China Daily雙語新聞手機報:移動用戶編輯短信CD至106580009009

The tide from the global recession has ebbed, but economists say the world is still feeling turbulence in its wake: continuing high unemployment, the European debt crisis and a lopsided, uneven recovery. Mil Arcega spoke with economists about the big stories that shaped the global economy in 2010.

A snapshot of the world economy in 2010 shows the globe weathering the worst financial crisis of this generation.

But more than two years after the downturn, it remains a fragile, uneven recovery - one that World Bank economist Hans Timmer says is largely driven by growth in developing nations.

"By far the most, the biggest story is the very strong performance of the emerging economies especially in Asia, but increasingly also in Latin America," said Timmer.

But the rapid expansion in countries such as China, India and Brazil underscored a growing imbalance. By the mid-point of the year, stubbornly high unemployment in the United States, and the threat of insolvency within the 16-nation eurozone had become another reminder that the recovery would neither be smooth nor easy. Uri Dadush is the director of Carnegie's International Economics Program.

"I think the biggest story in 2010 was the continuation of the recovery which was actually quite rapid, but the other big story of 2010 was the emergence of the European debt crisis which is continuing to simmer and represents the biggest risk for the global economy in 2011, " said Dadush.

Amid a storm of protests in Greece over austerity measures that were preconditions for a European bailout, worried investors lost confidence in the euro. The dollar wasn't doing much better. A week before a crucial meeting of G20 leaders, the US Federal Reserve announced a new plan to buy $600 billion in government securities. The policy was meant to lower interest rates and bolster the US economy.

But G20 leaders accused the US of pumping dollars into world markets to make US exports cheaper.

The policy fanned protectionist sentiments and, says Domenico Lombardi at the Brookings Institution, undermined the US argument against currency manipulation by China.

"The timing of that announcement was a little bit unfortunate because it sort of jeopardized in a way the chances of having a full cooperative meeting because then emerging economies reacted to that announcement," said Lombardi.

Without the urgency that had characterized previous meetings, G20 leaders managed only a commitment in principle against currency manipulation.

But the G20's inability to find more common ground was soon eclipsed by fears of a larger European crisis. Faced with a banking crisis and the prospect of not being able to repay its debts, Ireland became the second eurozone country to ask for a bailout.

Without a bigger fund, economist Desmond Lachman at the American Enterprise Institute says other high-debt countries will fall.

"The country that is very likely to be next is Portugal, and after Portugal, we'll get Spain," said Lachman.

Spain poses the biggest challenge yet for the European Union. As the third largest economy in Europe, many consider Spain too big to fail.

"You know my view is that countries like Portugal, Greece, Spain, Ireland, that they simply can't stay within the rigors of the euro," explained Lachman.

But the World Bank's Hans Timmer says talk of the euro's demise is greatly exaggerated.

"He [referring to Lachman] underestimates the determination by the European policy makers to stick to the euro and to do everything to defend it," he said.

Economists say a stable Europe is critical to the global recovery. Domenico Lombardi at Brookings says that's especially true in Africa, where European donor money represents a significant chunk of the overall budget of some countries.

"If the prospects for Europe improve then clearly Africa is going to benefit from that," he said.

Adding to the inter-connectedness of the global economy is growing consensus among experts that rapid expansion in some emerging markets is unsustainable without balanced growth in the West. Again, the World Bank's Hans Timmer:

"Part of the problem is that increasingly unemployment becomes structural in the United States," he said. "It's concentrated in sectors that were unsustainably large during the boom period before the crisis, so you need to create employment in new sectors."

But as the old year makes way for the new one, a late but noticeable surge in US consumer confidence is helping to reduce the prospects of another downturn. Still - even the most optimistic analysts say a realistic forecast for the world economy in 2011 is for more of the same - painfully slow but steady growth - amid rapidly rising debt.

simmer: of an argument, a dispute, etc. to develop for a period of time without any real anger or violence being shown 即將爆發;醞釀

demise: the end or failure of an institution, an idea, a company,etc. 終止;失敗;倒閉

Related stories:

How a promise to guarantee bad debts came to haunt Ireland

Americans try to deal with, and even laugh at, economic realities

英首相戲稱G20峰會是補覺良機

European austerity measures draw protests

(來源:VOA 編輯:崔旭燕)

 
中國日報網英語點津版權說明:凡注明來源為“中國日報網英語點津:XXX(署名)”的原創作品,除與中國日報網簽署英語點津內容授權協議的網站外,其他任何網站或單位未經允許不得非法盜鏈、轉載和使用,違者必究。如需使用,請與010-84883631聯系;凡本網注明“來源:XXX(非英語點津)”的作品,均轉載自其它媒體,目的在于傳播更多信息,其他媒體如需轉載,請與稿件來源方聯系,如產生任何問題與本網無關;本網所發布的歌曲、電影片段,版權歸原作者所有,僅供學習與研究,如果侵權,請提供版權證明,以便盡快刪除。
 

關注和訂閱

人氣排行

翻譯服務

中國日報網翻譯工作室

我們提供:媒體、文化、財經法律等專業領域的中英互譯服務
電話:010-84883468
郵件:[email protected]
 
 
主站蜘蛛池模板: 久久AV亚洲精品一区无码 | 久青草免费在线视频 | 国产区小视频 | 狠狠综合久久av一区二区小说 | 中文字幕亚洲一区二区三区 | 久久久久在线视频 | 日韩毛片欧美一级a网站 | 亚洲高清视频一区 | 六月天色婷婷 | 日韩精品真人荷官无码 | 一级毛片不卡片免费观看 | 欧美电影在线观看网站 | 精品久久久久久久人人人人传媒 | 免费一级特黄3大片视频 | 日韩在线观看 | 美女用震蛋叫爽的视频95视频 | 日本精品一区二区三区四区 | 欧美级| 成人18免费网站在线观看 | 狠狠色狠狠色综合久久第一次 | 久久亚洲热 | 精东视频污 | 91精品国产综合久久福利软件 | 91短视频社区在线观看 | 91精品国产闺蜜国产在线 | 国产在线看片 | 日出水了视频大全 | 欧美日韩一区二区在线 | 91丨九色丨首页在线观看 | 91茄子国产线观看免费 | 成人久久免费视频 | 久草在线高清全免费 | 日本精品一二区 | 免费在线小视频 | 色婷婷久久 | 一区二区日韩 | 一区二区三区成人A片在线观看 | 国产成人精品免费视频大全最热 | 久久中文字幕一区 | 丁香六月啪 | 久久久蜜桃 |