Unit Twenty-six
The Success of Eastern Asias Economics
Outsiders have contemplated the success of eastern Asias economies with admiration, wonderment and sometimes hostility. Scholars long sought to pinpoint the secrets behind the achievements of Japan, South Korea, Taiwan, Hong Kong and Singapore. More recently, they have turned their attention to the emerging tigers of Thailand, Malaysia and Indonesia. Hard work and entrepreneurial flair were obvious elements.
If a country is rich in a certain natural or human resource, its government should make sure nothing gets in the way of entrepreneurs who want to develop it,be they local or foreign. By allowing the latter a piece of the action, a nation benefits from the multiplying effects of investment, technology transfers and increased employment. And all the better if heavy tariffs or other forms of preferential treatment could be avoided.
In most cases, governments main job should be to get out of the way of business. Heavy-handed intervention in industrial policy generally does not work.It tends to create inefficiencies and artificial barriers to wealth. Governments should concentrate instead on liberalizing their own trade laws and pushing the same cause internationally. Freeing commerce allows natural, human and capital resources to flow into endeavors where they are mot efficient. Governments should keep interest rates and taxes as low as possible and make sure the national bureaucracy is capable and relatively clean.
There is some truth to the argument that the regions economic dynamos had it easy back then. Nations with scant resources and hardworking populations were able to export their way to wealth in the past three decades. One reason was that markets in North America and Europe were open and booming. Cold-war imperatives also helped. In part, they enabled some countries to protect infant industries. Todays world is a harsher place. Developed countries are still in the grip of recession and a developing nation may face retaliation for even the most innocuous form of nontariff barrier for example, tax incentives for certain industries. But as Asia becomes wealthier, it will serve as a huge new market to which developing countries can sell their goods.
Readers of the World Bank study would do well to remember that its sponsor is an organization that deals essentially governments. It was created to help them intervene in the development process. Its prescriptions can be faulty if they call for strategies to be imposed from the top instead of generated by businessmen. Hopefully, the banks report will note that in the end it is economic freedom to apply entrepreneurial creativity, work hard and reap the rewards of such efforts that makes any individual or nation wealthy. That was, and is, the secret of Asias success.
contemplate vt.1.盘算,计议 2.思量,对周密考虑 3.注视
ponder vt. 思索,考虑,沉思
irrespective a.不考虑的,不顾及的
hostility n.1.敌对,敌意,对抗 2.抵制,反对 3.交战,战争
warfare n.1.战争 2.斗争,冲突
antagonism n.对抗,敌对,对立
pinpoint vi.1.准确描述,确定,确认 2.精确地确定的位置
entrepreneur n.企业家
enterpreneurial a.企业家的
flair n.1.天赋,资质 2.敏锐的感觉力,鉴别力,眼光 3.爱好,癖好,热情
flare vi.1.闪耀,烧旺 2.突发,突然发怒 n.闪光信号,照明弹
aptitude n.才能,天资
tariff n.1.关税,税率 2.价目表,收费表
intervene n.1.干涉,干预 2.干扰,阻挠
intervention n.介入,干涉,干预
endeavor vt. n. 努力,尽力,尝试
bureaucracy n.1.官僚主义 2.政府机构,官僚
dynano n.1.发电机 2.精力充沛的人
scant a.不足的,贫乏的
deficiency n.1.缺乏,不足 2.缺点,缺陷
imperative a.1.必要的,紧急的,极重要的 2.命令的 n.必要的事
retaliate vi.报复
retaliation n.报复,回报,以牙还牙
revenge n.报复,报仇
innocuous a.1.无害的 2.无伤大雅的
incentive n.刺激,鼓励
prescription n.1.处方,药方 2.开处方,开药方
tablet n.药片
capsule n.胶囊
herb n.药草,草本植物
reap vt.1.收割,收获 2.获得,得到
there be与情态动词连用
there be与have的比较
there be与情态动词连用(续)
表语的省略
英语谓语的省略
含there be结构的几类重要句式
谈谈“there be+名词+非谓语动词”
there be句式时态问题
你会理解这个 if not, not吗
there be结构的主语可以是代词吗
there be+宾语+不定式
疑问词why引导的省略句
there be结构的be的活用
there be句式中动词be的变体
“主语+连系动词”的省略
there be句式的主语可以特指吗
not...until用于强调句型的用法
there be+宾语+过去分词
there being的两个用法
省略主语的例子
there to be 结构用法详解
there be的非限定形式
there be + 名词 + 非谓语动词
there be…的否定式和疑问式
省略在虚拟条件句型中的应用
there be结构的分析与理解
这道题是考查强调句吗
英语典型省略句分析
英语省略主语的用法
这不是考查强调句吗
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