VOA标准英语2009年-World Bank Official Calls for Coordinated Globa

The World Bank's chief economist¹, Justin Yifu Lin, on Monday repeated his call for coordinated² global stimulus³ to get the global economy out of deep recession.
　
World Bank's chief economist, Justin Yifu Lin, 28 Jan 2009

Lin told an audience at Washington's Peterson Institute for International Economics that two major issues much be addressed to prevent the global downturn from becoming even more serious.

"One, is whether we can overcome the threat of [trade] protectionism, or not," said Lin. "And second, is whether we have the wisdom to come up with some kind of decisive, large enough, coordinated fiscal⁴ stimulus."

Lin expressed concern that the commitments to avoid protectionism made by the leaders of 20 high income and developing countries last November might be eroding⁵. A follow-up summit to the November Group of 20 meeting is scheduled for April in London.

Lin is the first World Bank chief economist to come from a developing country. Prior to assuming his position in June, he headed a research agency at China's Beijing University. He earned an advanced degree in economics from the University of Chicago.

The World Bank official wants 0.7 percent of the value of each country's economic stimulus package to be committed as assistance to the world's poorest countries. Lin said these countries need infrastructure⁶ projects that can promote economic growth.

"It's because high income countries don't have so many opportunities of those kinds of [infrastructure] investments," he said. "You make those investments in high-income countries, and the case of Japan [in the 1990s] is going to be repeated."

Lin said Japan found that its program in the 1990s for combating a weak economy and deflation through government spending was stymied⁷ by consumers who cut back even further on spending. Lin did not say whether he thought the same might occur in the United States, which is finalizing⁸ a program of some $800 billion in tax cuts and emergency government spending.

1 economist   

n.经济学家，经济专家，节俭的人

参考例句：

• He cast a professional economist's eyes on the problem.他以经济学行家的眼光审视这个问题。
• He's an economist who thinks he knows all the answers.他是个经济学家，自以为什么都懂。

2 coordinated   

adj.协调的

参考例句：

• The sound has to be coordinated with the picture. 声音必须和画面协调一致。
• The numerous existing statutes are complicated and poorly coordinated. 目前繁多的法令既十分复杂又缺乏快调。 来自英汉非文学 - 环境法 - 环境法

3 stimulus   

n.刺激，刺激物，促进因素，引起兴奋的事物

参考例句：

• Regard each failure as a stimulus to further efforts.把每次失利看成对进一步努力的激励。
• Light is a stimulus to growth in plants.光是促进植物生长的一个因素。

4 fiscal   

adj.财政的，会计的，国库的，国库岁入的

参考例句：

• The increase of taxation is an important fiscal policy.增税是一项重要的财政政策。
• The government has two basic strategies of fiscal policy available.政府有两个可行的财政政策基本战略。

5 eroding   

侵蚀，腐蚀( erode的现在分词 )； 逐渐毁坏，削弱，损害

参考例句：

• The coast is slowly eroding. 海岸正慢慢地被侵蚀。
• Another new development is eroding the age-old stereotype of the male warrior. 另一个新现象是，久已形成的男人皆武士的形象正逐渐消失。

6 infrastructure   

n.下部构造，下部组织，基础结构，基础设施

参考例句：

• We should step up the development of infrastructure for research.加强科学基础设施建设。
• We should strengthen cultural infrastructure and boost various types of popular culture.加强文化基础设施建设，发展各类群众文化。

7 stymied   

n.被侵袭的v.妨碍，阻挠( stymie的过去式和过去分词 )

参考例句：

• Relief efforts have been stymied in recent weeks by armed gunmen. 最近几周的救援工作一直受到武装分子的阻挠。 来自辞典例句
• I was completely stymied by her refusal to help. 由于她拒不相助， 我完全陷入了困境。 来自互联网

8 finalizing   

vt.完成（finalize的现在分词形式）

参考例句：

• You may edit registered information any time during the finalizing period. 您可以在规定期限内随时编辑修改注册资料。 来自互联网
• Natsun Trimming & Ironing, Finalizing the Perfection. 40南山整烫，完美在此定格。 来自互联网