VOA标准英语2009年-Nobel Economist Says Asia's Economies in '
时间：2019-01-14 作者：英语课 分类：VOA标准英语2009年(八月)
Nobel Prize-winning economist 1 Joseph Stiglitz says Asia's economies are on the way to recovery after the most severe downturn in a decade. But he sees the need for greater regulation and monitoring of global financial markets.
Joseph E. Stiglitz (file photo)
Joseph Stiglitz says Asia's economies are in a good position to reduce their dependence 2 on exporting goods to the United States and Europe.
Speaking at a conference in Bangkok Friday, Stiglitz said he was upbeat over the economic outlook for the region. After slumping 3 along with most other economies, Asian markets are rallying and some economies are expanding again, aided by government stimulus 4 efforts.
He said they should look more to the regional and domestic markets to boost growth.
"Asia's recovery has been remarkable 5. People are talking about a 'V' shaped recovery," he said. "The big issue that it raises is can Asia decouple from the West - the U.S. and Europe? You have a robust 6 large economy here in Asia and so you have the basis of developing a regional economy."
Stiglitz, who won the Nobel Prize for economics in 2001, said that to protect economies, there needs to be global cooperation in regulating markets.
He criticized the management of the U.S. financial system and the deregulation of markets, which he said "brought instability and risk without return."
"The crisis is a failure of capitalism 7, American style. And it shows that the presumptions 8 on which that kind of capitalism was based have not worked," he said. "In my mind it highlights the need for a balanced role of the state - a balance between the market, the state, and NGOs [non-government organizations] and other actors in society."
He also criticized the U.S. government's multibillion dollar rescue of the leading banks. Stiglitz says the rescue packages benefited companies and stock holders 9, but did little to help average Americans.
Stiglitz advocated shifting away from using the dollar as the dominant 10 global reserve currency. He says the dollar is "not a good store of value" given the high public debt and uncertain economic outlook in the U.S.
Thai Prime Minister Abhisit Vejjajiva also addressed the conference, calling for the creation of an international institution to regulate global financial markets. He said that emerging economies should have a greater voice in multilateral financial institutions such as the World Bank.
The Thai economy is facing a contraction 11 of three to four percent this year. But Mr. Abhisit says the outlook will improve later in the year.
- He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
- He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。
- Doctors keep trying to break her dependence of the drug.医生们尽力使她戒除毒瘾。
- He was freed from financial dependence on his parents.他在经济上摆脱了对父母的依赖。
- Hong Kong's slumping economy also caused a rise in bankruptcy applications. 香港经济低迷，破产申请个案随之上升。
- And as with slumping, over-arching can also be a simple postural habit. 就像弯腰驼背，过度挺直也可能只是一种习惯性姿势。
- Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
- Light is a stimulus to growth in plants.光是促进植物生长的一个因素。
- She has made remarkable headway in her writing skills.她在写作技巧方面有了长足进步。
- These cars are remarkable for the quietness of their engines.这些汽车因发动机没有噪音而不同凡响。
- She is too tall and robust.她个子太高，身体太壮。
- China wants to keep growth robust to reduce poverty and avoid job losses,AP commented.美联社评论道，中国希望保持经济强势增长，以减少贫困和失业状况。
- The essence of his argument is that capitalism cannot succeed.他的论点的核心是资本主义不能成功。
- Capitalism began to develop in Russia in the 19th century.十九世纪资本主义在俄国开始发展。
- Much modern technological advance is based on these presumptions of legal security. 许多现代技术的发展都是基于这些法律安全设想的考虑。 来自互联网
- What visions, what expectations and what presumptions can outsoar that flight? 那一种想象，那一种期望和推测能超越他之上呢？ 来自互联网
- Slaves were mercilessly ground down by slave holders. 奴隶受奴隶主的残酷压迫。
- It is recognition of compassion's part that leads the up-holders of capital punishment to accuse the abolitionists of sentimentality in being more sorry for the murderer than for his victim. 正是对怜悯的作用有了认识，才使得死刑的提倡者指控主张废除死刑的人感情用事，同情谋杀犯胜过同情受害者。
- The British were formerly dominant in India.英国人从前统治印度。
- She was a dominant figure in the French film industry.她在法国电影界是个举足轻重的人物。
- The contraction of this muscle raises the lower arm.肌肉的收缩使前臂抬起。
- The forces of expansion are balanced by forces of contraction.扩张力和收缩力相互平衡。