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
(1)Last month Hansen Transmissions International, a maker of gearboxes for wind turbines, was listed on the London Stock Exchang
(1)Last month Hansen Transmissions International, a maker of gearboxes for wind turbines, was listed on the London Stock Exchang
admin
2016-11-03
96
问题
(1)Last month Hansen Transmissions International, a maker of gearboxes for wind turbines, was listed on the London Stock Exchange. Nothing noteworthy about that, you might say, despite me jump in the share price on the first day of trading and the handsome gain since: green technology is all the rage, is it not? But Hansen exemplifies another trend too, which should prove every bit as durable: the rise of multinational companies from emerging economies. Its parent is Suzlon, an Indian firm that began life as a textile manufacturer but is now among the world’s five leading makers of wind turbines. Along the way, Suzlon has acquired not only Hansen, originally Belgian, but also REpower, a German wind-energy firm, spending over $2 billion on the pair.
(2)The world is now replete with Suzlons: global companies from emerging economies buying businesses in rich countries as well as in poorer places. Another Indian company, Tata Motors, looks likely to add to the list soon, by buying two grand old names of British carmaking, Jaguar and Land Rover, from America’s enfeebled Ford. As a symbol of a shift in economic power, this is hard to match.
(3)Economic theory says that this should not happen. Richer countries should export capital to poorer ones, not the other way round. Economists have had to get used to seeing this turned on its head in recent years, as rich countries have run large current-account deficits and borrowed from China and other emerging economies(notably oil exporters)with huge surpluses. Similarly, foreign direct investment(FDI)—the buying of companies and the building of factories and offices abroad—should also flow from rich to poor, and with it managerial and entrepreneurial prowess.
(4)It is not yet time to tear up the textbook on FDI. According to the UN Conference on Trade and Development(UNCTAD), in 2006 the flow of FDI into developing economies exceeded the outflow by more than $200 billion. But the transfer of finance and expertise is by no means all in one direction. Developing economies accounted for one-seventh of FDI outflows in 2006, most of it in the form of takeovers. Indian companies have done most to catch the eye, but firms from Brazil, China and Mexico, in industries from cement to consumer electronics and aircraft manufacture, have also gone global. Up to a point, emerging-market multinationals have been buying Western know-how. But they have been bringing managerial and entrepreneurial skill, as well as just money, to the companies they buy: British managers bear grudging witness to the financial flair of Mexican cement bosses; Boeing and Airbus may have learnt a thing or two from the global supply chains of Brazil’s Embraer.
(5)Perhaps no one should be surprised. Half a century ago, Japan was a poor country: today Sony and Toyota are among the best-known and mightiest companies on the planet. South Korea is still listed as developing country in UNCTAD’s tables, but that seems bizarrely outdated for the homes of Samsung. Now another generation is forming. To its critics, globalisation may be little more than a licence for giant Western companies to colonise the emerging world, yet more and more firms from poorer economies are planting their flags in rich ground.
What does "emerging economies"(in the first three paragraphs)mean?
选项
答案
Developing economies.
解析
前三段反复出现emerging economies,即新兴经济体,综合这三段的内容及第3段第3句的as richcountries...borrowed from China and other emerging economics...可知,与rich countries相对的是developedeconomics,而emerging economics对应的应该是正逐步发展起来的经济体和国家。原文为了避免重复用词,运用了不同的表达方式来替代emerging economics,如developing economies、emerging-market、emerging world等。作答时,原文的这些表达均可采用。
转载请注明原文地址:https://www.kaotiyun.com/show/bf7O777K
0
专业英语八级
相关试题推荐
Asimplifiedformofspeechdevelopedasamediumoftradebetweengroupsofpeoplewhohavenootherlanguageincommoniscall
Systematiceffortsatnationalnutritionplanningindevelopingcountriesgobackbarelyadecade.Duringthatbrieftimethere
Theexplorationofinternationalbusinessisanexciting,important,andnecessarytask.Internationalbusinessisexcitingbec
GlobalizationisanewinternationalsystemthathasreplacedtheColdWarsystem.However,unlesstheworldweremadeofjust【M
Lastyear,whensquattersbrokeintoAnnKeen’shouseonaquiet,suburbanstreetinBrentford,westLondon,theneighbours’rea
Lastyear,whensquattersbrokeintoAnnKeen’shouseonaquiet,suburbanstreetinBrentford,westLondon,theneighbours’rea
Inrecentyears,manyfamousuniversitiesloweradmissionrequirementsforcelebrities.Moreandmorecelebrities,especiallysp
AsaFloridianwho’sweatheredhisshareofhurricanes,Icanmorethansympathizewithmynortheasterncountrymenastheybegin
AttheHemingwayMemorial,justpasttheSunValleyResort,itisquiet.Inthebackground,mountainsriseup.Thereisacurved
PASSAGETWO
随机试题
A、Toshowhumanhealthandairqualityarecloselyrelated.B、TotellushowtoeffectivelycutdownairpollutionfromPM.C、To
冷、热管线必须在同一立面布置时,热管在上、冷管在下。()
H化工有限公司位于某省化学原料基地临海园区,总资产8630万元。该企业是一家医药中间体生产企业,主要产品包括三苯基氯甲烷、DDH(潘生丁二氯物)等医药中间体,涉及加氢、氧化、胺化、硝化、重氨化等重点监管危险化工工艺和甲苯、氢气、乙炔等重点监管危险化学品。
CIC条款中的交货不到险属于()。
期货交割时,允许交货人用与标准品有一定等级差别、期货交易所认可的替代商品作替代交割品。( )
民间谚语寓意深远,代代相传,凝聚着广大劳动人民的智慧。“到什么山上唱什么歌”“看菜吃饭,量体裁衣”这两句谚语的哲学道理是()。①矛盾的两个方面既相互对立,又相互统一②具体分析矛盾的特殊性是正确认识矛盾的重要前提③矛盾的普遍性与特殊性是具体的历
下列经济现象与经济生活道理对应正确的是:
准实验是由美国社会学家()于1979年在其著作《准实验法》中提出来的。
Dryfanningisatypeofagricultureusedinareas______lessthan20inchesofrainfall.
A、Hewassurelyunderhugepressure.B、Thecafeteriawasnotoneofhisgreatestachievements.C、Hedidalmostnothingsignifica
最新回复
(
0
)