首页
外语
计算机
考研
公务员
职业资格
财经
工程
司法
医学
专升本
自考
实用职业技能
登录
外语
As one of the developed countries in Asia, Japan has been sought hegemony in Asia because of its strong power in economy. How ab
As one of the developed countries in Asia, Japan has been sought hegemony in Asia because of its strong power in economy. How ab
admin
2010-04-28
39
问题
As one of the developed countries in Asia, Japan has been sought hegemony in Asia because of its strong power in economy. How about its present economic situation? Today let’s talk about this question. Once a symbol of enormous economic growth, Japan has plunged into a deep recession with the burst of its bubble economy beginning in the early 1990’s. This is, without a doubt, the worst economic crisis facing this country since the end of World War II. One wonders if Japan can see its way through the storm and overcome these latest doldrums.
In the 1980’ s, real estate prices soared to super inflated levels, and investors sank their money into the booming stock market. There seemed to be no end in sight for the land of’ the rising sun. Everything was rising, and the government, financial institutions, and individuals paid little heed to the warning signs of an imminent crash. Then, the bubble burst, and land and stock prices plunged.
What is the result of the crash? Many companies have faltered due to poor sales and bad debt, and have closed their doers. The domino effect on many financial institutions is that they must bear an enormous number of unrecoverable loads, which have resulted when companies, depending on profits from land in- vestments to repay loans, have found themselves insolvent. Furthermore, many individual depositors, fearing a collapse of more banks and securities companies, have withdrawn their money in droves.
Attempts by the government to revitalize the sluggish and contracting economy have proven fruitless. Pump -priming measures including tax cuts and public works spending have done little to put the economy on tract again. What’s more, the government’s decision to increase the consumption tax from 3 to 5 per- cent in 1997 has had a devastating impact on consumer spending. As for the business sector, companies have tried various measures to streamline management, but other ill effects of such policies, including rising uuemployment among older workers, have surfaced and have dealt a huge blow to the recovery process.
Japan’ s faltering economy has had an impact on other Asian countries, and some fear that the whole region will be drawn into depression. What will stem the tide of further economic collapse? For one, Japan must stabilize its financial system and take immediate and effective measures to deal with non-performing loans. Revealing the severity of the problem to the public and foreign governments is an essential first step. A more vital solution might be to institute a permanent tax cut to stimulate consumer spending and confidence in the government’s handling of the situation. Ultimately, this will encourage domestic demand for goods and services and will be the driving force behind much of the recovery. That’ s the bottom line. Of course, many more factors including deregulation will play a vital role in expediting economic stabilization and growth.
Whatever the case, action must be carried out swiftly and decisively. A passive and reticent approach to reform and change is what has hampered any improvement so far. Other nations have encouraged Japan to step up the pace of implementing change, but Japan must make the first step... or else we might be witnessing the setting of this great rising sun.
What is one measure the government has implemented to revitalize the economy?
选项
A、Streamlining the political bureaucracy.
B、Lowering the consumption tax.
C、Spending on the country’ s social infrastructure.
D、Encourage companies to export their goods.
答案
C
解析
说到日本政府为恢复经济采取的措施,可从"Pump—priming measures including tax cuts and public works spending have done little to put the economy on tract again. What’s more, the government’s decision to increase the consumption tax from 3 to 5 per cent in 1997 has had a devastating impact on consumer spending.”中得出答案,不是B而是C,而A、D并未提到。
转载请注明原文地址:https://kaotiyun.com/show/4MqO777K
0
专业英语八级
相关试题推荐
Walkingistheexerciseofchoiceformostdieters.Nowonder.Youdon’tneedagymmembership.Youcandoitvirtuallyeverywhe
June15,2007—Poordad.Hejustcan’tgetanyrespect.ManyofusthrowmoneyaroundonMother’sDaylikeastarletonashoppin
ResearchersatMITaredevelopingnewtechnologyforconvertingheatintolightandthenintoelectricitythatcouldeventually
A、Whetherhecanapplyforthecollege.B、Someinformationaboutthecollege.C、Whetherhisfriendisinthecollege.D、Somedet
Adexecshavelongreliedontruckloadsofcoffeetostoketheircreativity.NowoneagencyiscountingonaJavacompany,BayA
A、Travelexpensestoattendaconference.B、Suppliesorresearchequipment.C、Expensesforreviewingtheapplications.D、Resourc
A、AmericanEnglish.B、BritishEnglish.C、ChineseEnglish.D、AustralianEnglish.D
Nothingismoreterrifyingthanamotherwhoscentsathreattoheroffspring.Soitisnotsurprisingthatresidentsofthepos
A、Shecamedownwithatropicalfever.B、Shehadlostherhotelroomkey.C、Shefaintedontheshootingscene.D、Shewasreplace
There’sanewcampaignfortheunder-30scalledUndivided.ItgatherssuggestionsaboutBrexitfromacrossthespectrum;leavers
随机试题
A.石英、石棉、滑石的粉尘B.金刚砂、水泥的粉尘C.铅、铁、锌及其化合物的粉尘D.皮毛、棉、谷物、骨粉的粉尘E.谷物和石英砂粉尘属于混合性粉尘的是
刘某向保险公司投保了家庭财产保险。不久后刘某与妻子到外地学习,拜托刘某的姐姐替他们照看家中事务。某日,刘某的姐姐外出时忘记锁门,导致刘某家中被窃,财物遭受损失。下列关于保险公司责任承担说法正确的是( )。
根据规定,Q公司若出现下列()情形之一,经一定程序可以经济性裁员。
关于前任注册会计师和后任注册会计师,以下说法中,错误的是()。
Thetrainshakesbackandforth,itswheelsmakingaloudnoiseagainstthetracks.Outsidethewindowthefreezingcoldofwint
Youcannotgoforwardbygoingbackward.Takethecurrentdebateabouttradeandglobalization,forinstance,whiletheimpulseto
唯物史观认为,掌握人类社会发展的规律是改革的客观依据,其中对于我国进行社会主义政治体制改革和建设社会主义精神文明都有直接的现实意义的社会规律是()
(8)不是面向对象技术的基本特征。对象实现了数据和操作的结合,使数据和操作(9)于对象的统一体中。(8)
Ascientistwhowantstopredictthewayinwhichconsumerswillspendtheirmoneymuststudyconsumerbehavior.Hemust【C1】____
【D10】
最新回复
(
0
)