GWD30-Q35 to Q37:
(The following was excerpted from material written in 1988.)
For over a decade the most common policy advice given to developing countries by international development institutions has been to copy the export-oriented path of the newly industrializing countries, the celebrated NIC’s. These economies—Brazil, Hong Kong, Mexico, Singapore, South Korea, and Taiwan—burst into the world manufacturing market in the late 1960’s and the 1970’s; by 1978 these six economies, along with India, enjoyed unequaled growth rates for gross national product and for exports, with exports accounting for 70 percent of the developing world’s manufactured exports. It was, therefore, not surprising that dozens of other countries attempted to follow their model, yet no countries—with the possible exceptions of Malaysia and Thailand—have even approached their success. In “No More NIC’s,” Robin Broad and John Cavanagh search for the reasons behind these failures, identifying far-reaching changes in the global economy—from synthetic substitutes for commodity exports to unsustainable levels of foreign debt—as responsible for a glut economy offering little room for new entrants. Despite these changes, the authors maintain, the World Bank and the International Monetary Fund—the foremost international development institutions—have continued to promote the NIC path as the way for heavily indebted developing countries to proceed. And yet the futility of this approach should, according to the authors, be all too apparent so many years into a period of reduced growth in world markets.
Q36:
The author of the passage most clearly implies that Broad and Cavanagh disagree with the World Bank and the International Monetary Fund about which of the following?
A.The ways in which the global economy has changed in recent years
B.The causes of the unsustainable levels of foreign debt that the developing countries have incurred in recent years
C.The level of foreign debt that should be maintained by developing countries
D.The degree to which international development institutions should monitor the growth of developing countries
E.The degree to which heavily indebted developing countries should emphasize exports in their overall economic strategy作者: emmahsu 时间: 2011-8-30 06:27
定位于最后一句话(上下)
the World Bank and the International Monetary Fund.... have continued to promote the NIC path as the way for heavily indebted developing countries to proceed. And yet the futility of this approach should, according to the authors, be all too apparent so many years into a period of reduced growth in world markets.
一个yet表示转折就说明了authors和WB,IMF的不同之处
IMF等认为 indebted developing countries 应该to proceed(the path)也就是扩大出口,authors认为这是futility作者: ybava018919 时间: 2011-8-31 06:34
Despite these changes, the authors maintain, the World Bank and the International Monetary Fund—the foremost international development institutions—have continued to promote the NIC path as the way for heavily indebted developing countries to proceed.
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