首页
登录
职称英语
The Global Economy Imbalances and the US Counterplan The Uni
The Global Economy Imbalances and the US Counterplan The Uni
游客
2023-11-14
13
管理
问题
The Global Economy Imbalances and the US Counterplan
The United States must reduce its budget deficit and Asian nations must encourage more consumption in order to prevent a recurrence of the global imbalances that contributed to the financial crisis. Federal Reserve Chairman Ben Bernanke said Monday. Bernanke, speaking at a conference on Asia and the financial crisis, attributed the global crisis in part to a longstanding pattern in which Asians saved too much and spent too little, while Americans spent too much and saved too little. As the global economy starts to recover, the Fed chairman said that " global imbalances may reassert themselves. "
To keep that from happening, the United States must "increase its national savings rate," Bernanke said at the conference, sponsored by the Federal Reserve Bank of San Francisco. The best way to do that, he added, is to reduce the federal budget deficit. While Americans individually started saving more during the recession, the government has boosted spending and increased borrowing dramatically. The national savings rate combines saving by individuals, businesses and the government. "Although we should deploy, as best we can, tools to increase private saving," Bernanke said, "the most effective way to accomplish this goal is by establishing a sustainable fiscal trajectory, anchored by a clear commitment to substantially reduce federal deficits over time."
When asked later what action the country might take to eliminate those imbalances, he stressed finding ways to wind down efforts to stimulate the economy. "We need to develop a fiscal exit strategy which will involve a trajectory towards sustainability," Bernanke said, which he added is " critically important to maintain confidence in our economy and confidence in our currency."
Bernanke has repeatedly urged Congress and the Obama administration to chart course toward a lower long-term budget deficit, even as he endorsed the idea of a government stimulus program to try to prop up growth in the short-term. Bernanke usually declines to take a stand on specific tax or spending proposals, saying those matters are outside the bounds of his role as an unelected official. But he has argued openly for bringing taxes and spending into better alignment over time. In Monday’s comments, he made that point more explicitly than before, calling the restoration of global fiscal balance as essential to avoiding a repeat of the current crisis.
Asian leaders also have to take action, Bernanke said, to encourage their citizens to spend more. Authorities in countries running trade surpluses, which includes most in Asia, "must act to narrow the gap between saving and investment and to raise domestic demand," he said. "In large part, such actions should focus on boosting consumption."
One step Asian nations could take, he said, would be to strengthen pension systems and government spending on health care and education. That in turn could make Asians feel less inclined to hoard money and more willing to make purchases. Bernanke noted that Asian "policies to contain the crisis and global recession seem to be having their intended effect. In India and Indonesia, he noted, industrial output has already hit new peaks. Generally speaking, the Asian response to the crisis appears thus far to have been effective," Bernanke said. [br] How does Bernanke think about the global imbalances?
选项
A、They are caused by the financial crisis.
B、Both America and the Asia are responsible.
C、Asia should stick to its economy pattern.
D、America must stimulate more consumption.
答案
B
解析
推理判断题。根据题干关键词Bernanke和the global imbalances定位到第一段。该段首句提及,Bernanke认为The United States must reduce its budget deficit and Asian nations must encourage more consumption in order to prevent a recurrence of the global imbalances(美国必须缩减其预算赤字,同时亚洲国家必须鼓励更多的消费以避免全球动荡的重现),由此可推知[B]含义与之相符,故为正确答案。由该段第一句中the global imbalances that contributed to the financial crisis可知,[A]颠倒了因果关系,故排除;[C]认为“亚洲应该坚持其经济模式"与该段首句提议不符,故排除;[D]认为“美国要刺激消费”与该段倒数第二句中Americans spent too much and saved too little含义不符,故排除。
转载请注明原文地址:https://tihaiku.com/zcyy/3187488.html
相关试题推荐
TheGlobalEconomyImbalancesandtheUSCounterplanTheUni
TheGlobalEconomyImbalancesandtheUSCounterplanTheUni
WhatwillJapando?[br][originaltext]Japan’sViceMinisterofEconomy,Tr
Nobigdevelopedcountryhascomeoutoftheglobalrecessionlookingstrong
Nobigdevelopedcountryhascomeoutoftheglobalrecessionlookingstrong
Nobigdevelopedcountryhascomeoutoftheglobalrecessionlookingstrong
Nobigdevelopedcountryhascomeoutoftheglobalrecessionlookingstrong
Nobigdevelopedcountryhascomeoutoftheglobalrecessionlookingstrong
WhyisthererapidgrowthinglobalairtravelintheUK?[originaltext](25
Withthedevelopmentofeconomy,moreandmorepeoplewanttohavetheirown
随机试题
ThetransformationofjournalisminIndia—theworld’slargestdemocracyand
契约型基金反映的是()A.产权关系 B.所有权关系 C.债权债务关系 D
根据《城乡规划法》,下列关于规划条件的叙述中,不正确的是()。A.未规定规划条
人在每一瞬间,将心理活动选择了某些对象而忽略了另一些对象。这一特点指的是注意的(
“微创新”,这个概念正在成为中国企业尝试的新方向。今天的技术革新在很多时候已经不
现代信用产生和运行的基础是( )。[中国工商银行真题]A.资本主义经济内部闲置
《中共中央国务院关于新时代加快完善社会主义市场经济体制的意见》进一步提出,构建与
图示电路中电压u含有基波和三次谐波,基波角频率为10^4rad/s。若要求u1中
对某建筑地基设计要求强夯处理,处理范围为40.0x56.0m,需要铺设400mm
按工程项目组成编制施工阶段资金使用计划时,不能分解到各个工程分项的费用由()。
最新回复
(
0
)