2. 职称英语
  3. What is it that keeps the developing world in an apparent state of perpetual

What is it that keeps the developing world in an apparent state of perpetual

游客2025-04-06  110
问题     What is it that keeps the developing world in an apparent state of perpetual poverty? Poor education, lack of basic medical care, and the absence of democratic structures all certainly contribute to these nations’ plight. However, according to Peruvian economist Hernando de Soto, the overriding cause is the overwhelming prevalence of black market activity, well outside the formal economy, in these countries. The losses incurred from this condition are twofold. First, they deny the government tax revenues which could be used to improve education, medical treatment, and government efficiency. More important, however, they deny earners the chance to accumulate assets recognized by law and thus prevent them from leveraging those assets to borrow. Reforming these nations’ legal systems in order to confer ownership through tilting, de Soto argues, would help the poor there access the assets their work should be generating. These assets could then be used to buy homes and construct businesses, thus building a more stable and prosperous economy. De Soto estimates the value of these assets, which he terms "dead capital, "at nearly $ 10 trillion world wide.
    De Soto is not the first to locate the developing world’s problems in the domain of property rights. Others have tried property rights reform and failed. According to de Soto, this is because his predecessors attempted to model their plans on existing, successful property rights systems. In other words, they tried to transplant American and British property law to an inhospitable host. De Soto argues that, within many of the extralegal markets of the developing world, mutually agreed upon rules for distributing assets and recognizing property rights already exist. Rather than force these markets to adjust to a new, foreign system of property tilting, reformers should focus on codifying the existing systems wherever it is practical to do so. This would facilitate a quicker, more natural transition to an economy that builds wealth rather than squanders it. [br] The author’s assertion that "reformers should focus on codifying the existing systems wherever it is practical to do so" suggests that
选项 A、in some instances, current systems are inadequate to meet the needs of a market economy
B、these systems are already written down and need only be enacted as law
C、where it is impractical to codify existing systems, countries should adopt American property law
D、the existing systems are superior to those currently in use in modern industrialized countries
答案 A
解析 作者断言，改革家们应该在切合实际的时候集中尽力调整现行的制度，这表明在某些情况下，现行的制度无法满足市场经济的需要。文章结尾处的wherever it ispractical暗示在某些情况下，调整现行制度是不切合实际的。
转载请注明原文地址:http://tihaiku.com/zcyy/4028626.html
相关试题推荐
随机试题
最新回复(0)