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
African Economic Growth A)Good news for Africa, say the experts. Growth is healthy and broad-based, fuelled in part by infrastru
African Economic Growth A)Good news for Africa, say the experts. Growth is healthy and broad-based, fuelled in part by infrastru
admin
2015-01-31
63
问题
African Economic Growth
A)Good news for Africa, say the experts. Growth is healthy and broad-based, fuelled in part by infrastructure spending, domestic demand and trade. "A lot of people think growth in Africa is only driven by mineral wealth or oil-exporting countries, but we find that even countries that are not resource rich are still growing." said Angela Lusigi, an economist and policy advisor for the Regional Bureau for Africa in the United Nations Development Program. "This is mainly because of their agricultural sector and growth in services[including tourism]and a little in manufacturing."
Trade
B)The report found that Africa’s main foreign commercial partner is Europe, which accounted for nearly 40 percent of African trade, while 25 percent was with Asia and about 12 percent with North America. This year’s African Economic Outlook notes that African countries traded $81 million worth of goods among themselves in 2012, and that such trade is growing faster than the continent’ s exports to the rest of the world. In the decade ending in 2010, inter-African trade experienced over 13 percent annual growth.
C)Much of that trade is in light manufacturing of such goods as textiles, clothing, leather, building material, farm implements and wood products. Lusigi says there’ s also strong domestic demand for manufactured goods, including television sets, phones and other mobile technology. She says many of these products can be made in Africa.
Regional performance
D)According to the report, two regions—East and West Africa—are leading the economic expansion, with over 6 percent growth. Ethiopia, with a nearly 10 percent growth rate, leads the pack in East Africa. Tanzania, Uganda, and Rwanda are predicted to achieve rates of between 6.5 percent and 7.5 percent—thanks in large part to agriculture, industry and services. Kenya, because of the financial sector and communications technology, is expected to reach nearly 6 percent.
E)Economists expect vigorous growth in West Africa as well, with a rate of over 7 percent over the next two years. While oil is an important source of revenue, other sectors are also showing promise. Nigeria is supported by agriculture, trade and information, and communications technology. Manufacturing is important to Ghana, and Sierra Leone is the fastest growing country in the region because of its iron ore exports, agriculture and construction.
F)In Southern Africa, Angola, Mozambique and Zambia have grown between 5 percent and 7 percent. With labour unrest and weak foreign export markets, South African growth is expected to be a bit slower, reaching nearly 3 percent over the next two years.
Reasons behind growth
G)The report attributes growth in part to lower inflation, particularly in energy and food prices, and to cautious macroeconomic policies by African nations. They include efforts to reduce deficits by cutting spending, or limiting growth, and improving tax collection.
H)The report notes the country with the most impressive record of fiscal consolidation(财政整顿)is Zambia, which has nearly balanced a budget that just two years ago had a deficit of 11 percent of GDP. Other countries, including Egypt, Mozambique, Angola, and Cameroon, have met the economic downturn in recent years with greater spending and higher deficits. The funds that had been saved for emergencies helped provide a social safety net, including funds for health and education services.
I)The report urges these countries to restore the funds that provided a buffer(缓冲)against economic crisis, and also to create policies that ensure that everyone benefits from growth. "The report says the underlying macroeconomic framework is in place," said Luigi. A lot of countries are working to balance their budgets, they do not yet have unstainable debt, they are managing their exchange rate, and right now a lot of countries are putting their focus in borrowing to investing in infrastructure, and this is happening not just in oil-exporting countries but even those not considered to be resource rich.
J)"There’ s been a lot of change where a lot of countries have stable macro and fiscal policies, and the next step is how to translate this stable framework into inclusive growth that touches the lives of people—because we are seeing a lot of inequality. We have to see how growth can influence all people, not just one group."
External Inflows
K)The report says external inflows of cash to Africa have remained stable or are growing. Official development assistance(ODA)—estimated to be about $55 billion— remains an important life line for poor countries that lack sufficient foreign direct investment.
L)Remittances(汇款)from Africans abroad have remained healthy. They have rebounded since the economic downturn in 2009 and are expected to reach about $67 billion this year. Remittances are now the largest single external flow of funds to the continent and an important contributor to education and health care expenses. The report quotes World Bank figures showing countries with the largest increases in foreign funds are Sudan, Uganda, Burkina Faso, and Niger. It notes that funding from the foreign continues to play an import contributor to GDP in the Gambia, Lethoso, Liberia and Senegal.
M)Following close behind revenues from remittances is foreign direct investment, currently at nearly $40 billion. The report predicts that with sustained interest by investors in manufacturing and services, FDI could be more than $54 billion over the next three years. Henri-Bernard Solignac Lecompte, the head of the Africa Desk at the OECD Development Centre in Paris, said "We also see a rise in greenfield FDI in some light manufacturing, some agricultural products processing and market-seeking investments of people who are putting together[market-seeking investments]. So, you have[retailers like the South African firm]Massmart investing in Eastern Africa, signally that investors are increasingly recognizing Africa as not just a store of commodities, but also as a market".
N)The report says a decade of strong growth has reduced poverty in sub-Saharan Africa—with the number of people living on less than $1.25 per day, falling from nearly 60 percent to just below 50 percent.
O)Continued growth, it says, depends upon the ability of countries to participate in so-called global value chains—as South Africa has done with manufacturing car parts. It also depends on creating an environment that attracts investors and a work force with the skills that contribute to global manufacturing.
Much of the trade between Africa and its partners are about light manufactured products and there is also huge domestic demand for that.
选项
答案
C
解析
此句意为:非洲与其贸易伙伴的主要贸易集中于轻工业产品,同时国内对于这类产品的需求也很大。题干是对C段中的Much of that trade is in lightmanufacturing和there’s also strong domestic demand for manufactured goods的概括。只是把两句话放在一个句子中,意思不变。
转载请注明原文地址:https://kaotiyun.com/show/gmh7777K
0
大学英语六级
相关试题推荐
Themost【B1】______problemcreatedbytherapidincreaseinpopulationisa【B2】______offood.Moremouthshavetobe【B3】______eve
A、Thewomandoesn’tthinkitaproblemtogetherpassportrenewed.B、Thewomanhasdifficultyrenewingherpassport.C、Thewoma
Manypeoplebecomequietandtensewhentheyfirstmeetsomeonetheydonotknow,orwhentheyfaceanewsituation.Theybecome
A、Therearealtogetherthreedepartmentswhichprotectcustomersandworkers.B、Acompanywithpoorordangerousworkingconditi
A、Thegovernmentwantstoshowmoreconcernforthehealthofthepeople.B、Thegovernmentneedstoimportmoregoodsfromabroa
A、Carownerswillbeencouragedtoshowofftheirwealth.B、Thegapbetweentherichandthepoorwillbebridged.C、Pollutiona
Largecompaniesneedawaytoreachthesavingsofthepublicatlarge.Thesameproblem,onasmaller【B1】______,facespractica
Englishistheleadinginternationallanguage.Indifferentcountriesaroundtheglobe,English【B1】______themothertongue,ino
Englishistheleadinginternationallanguage.Indifferentcountriesaroundtheglobe,English【B1】______themothertongue,ino
随机试题
简述20世纪60年代中期以来香港劳工立法的特点。
若怀疑直肠癌,有效的检查措施,首先选择若诊断直肠癌,首选的治疗是
甲伙同他人聚赌时被派出所干警抓获并拘留,在讯问过程,遭到干警的殴打,致腿部、背部受伤。后被区公安分局作出拘留15日的处罚,甲不服,申请复议。经市公安局复议改为拘留5日。甲要求赔偿。下列说法中正确的有()。
砖、石基础的特点是()性能较好。防火玻璃按耐火性能分A、B、C三类,这三类都满足()要求。
下列建筑或场所应在其内疏散走道和主要疏散路线的地面上增设能保持视觉连续的灯光疏散指示标志或蓄光疏散指示标志的是()。
秘书在开放参观活动中要做好准备工作,准备的内容包括()。
甲创作了一部小说,由乙出版社出版,丙经过甲的允许将其翻译成英文,乙经同意后买下该英文小说的版权,某剧组丁看到小说后,希望投资将其拍成电视剧。下列说法正确的是()。
从装有1个白球,2个黑球的罐子里有放回地取球,记这样连续取5次得样本X1,X2,X3,X4,X5。记Y=X1+X2+…+X5,求:y的分布律,E(Y),E(Y2);
将考生文件夹下QINZE文件夹中的HELP.BAS文件复制到同一文件夹中,文件名为KHL.BAS。
PeopleinalargeareamaypossessthesameDNAthreadbecause______.TheMolecularGenealogyResearchGroupisbuildingada
最新回复
(
0
)