首页
登录
职称英语
As the world continues to recover from the Great Recession, governments and
As the world continues to recover from the Great Recession, governments and
游客
2023-09-06
29
管理
问题
As the world continues to recover from the Great Recession, governments and businesses are focused on how to spur economic growth. But if they really want to create jobs, raise incomes, and lift living standards, they should devote more energy to figuring out how to generate economic dynamism over the long term.
At times like this, governments tend to champion particular sectors like manufacturing, or industries like green technology. But true dynamism flows from continuous innovation, experimentation, adaptation, and change, all of which raise productivity over time. Those productivity gains, in turn, lift incomes and drive consumption. This fuels more innovation—and a dynamic economy thus expands in a healthy, sustainable way.
Unfortunately, economic dynamism can also cause dislocation and disturbance as workers lose jobs in failing companies or in fading industries. Change in the ranking of companies has accelerated in many countries, including the United States, over the last century. The 90 names listed on Standard & Poor’s index of major U. S. companies in the 1920s remained there for an average of 65 years. By 1998 a company listed on the S & P 500 could expect to stay there for an average of only 10 years.
The distress caused by such turnover causes many people to resist change. But this process, famously labeled "creative destruction" by economist Joseph Schumpeter, frees resources for new uses that can vastly improve life over time. We may have fewer farmers, coachmen, and switchboard operators today than in Schumpeter’s time, but We have software engineers, EKG technicians, Google mapmakers, and a host of other occupations people couldn’t have imagined back then. The "productivity paradox" is that while we may need fewer workers in certain occupations in the short term, improved productivity leads to a stronger economy as a whole. So policies to spur economic dynamism are essential elements of any strategy to create jobs.
How exactly do we foster economic dynamism? Dynamism doesn’t turn on whether an economy has a large financial sector, or big manufacturers, or a semiconductor industry, but instead on whether the sectors are competitive or not. Instead of picking winners and pouring out subsidies to them, countries must get the basics right. These include a solid rule of law, with patents and protections for intellectual property, enforceable contracts, and courts to resolve disputes; access to finance, particularly for startups; and an efficient physical and communications infrastructure. Once the basics are in place, the key is ensuring strong competition within sectors.
It can be tempting, in the short term, to prop up old industries and preserve outdated jobs. But as Schumpeter said, "With capitalism, we are dealing with an evolutionary process. " Nations that want to move up the list should be prepared to evolve. [br] In order to get the basics right, countries should ensure the following EXCEPT ______.
选项
A、effective legislation
B、financial support
C、valid infrastructure
D、strong competition
答案
D
解析
根据题干关键词get the basics right,ensure定位到原文第五段第四句:These include a solid rule of law, with…;access to finance…;and an efficient physical and communications infrastructure. 可知建设基础包括:坚实的法律规则、可获得的财政金融渠道以及一个高效的物质和通讯基础设施。
转载请注明原文地址:https://tihaiku.com/zcyy/2990398.html
相关试题推荐
AstheworldcontinuestorecoverfromtheGreatRecession,governmentsand
AstheworldcontinuestorecoverfromtheGreatRecession,governmentsand
Ithasbeenthemostequalattitudeofallthe11recessionssinceWorldWar
Ithasbeenthemostequalattitudeofallthe11recessionssinceWorldWar
There’snothingradicalabouttheideathatgovernmentsshouldintervenein
There’snothingradicalabouttheideathatgovernmentsshouldintervenein
There’snothingradicalabouttheideathatgovernmentsshouldintervenein
There’snothingradicalabouttheideathatgovernmentsshouldintervenein
There’snothingradicalabouttheideathatgovernmentsshouldintervenein
There’snothingradicalabouttheideathatgovernmentsshouldintervenein
随机试题
Readingisanimportantskillthatneedstobedevelopedinchildren.Noton
AccordingtotheEconomicDevelopmentCorporalonofLosAngelesCounty,ifone
IP协议是指网际协议,它对应于开放系统互联参考模型中的哪一层?()A.物理层
1岁男儿,因长期腹泻引起营养性缺铁性贫血,近半个月来患支气管肺炎。血象:Hb50
中国营养学会推荐0~6个月的婴儿脂肪摄入量应占总能量的( )。A.25%~30
根据《义务教育美术课程标准(2011年版)》评价建议,简述美术课程评价的功能
银行接受抵押品后,将根据抵押品面值的一定比例决定贷款的金额,这一比例的高低,取决
A.龙胆泻肝汤 B.当归饮子 C.消风散 D.桃红四物汤 E.竹叶石膏汤
心经的络穴是A.少府 B.神门 C.阴郄 D.灵道 E.通里
由12对数据(xi,yi),i=1,2,…,12,算得Lxx=165
最新回复
(
0
)