Uruguay has been a proud exception to the privatizing wave that swept through South America in the 1990s. Its state-owned firms are more efficient than many of their counterparts in Argentina and Brazil ever were. In 1992, Uruguayans voted in a referendum against privatizing telecoms. They rightly observe that some of Argentina’s sales were smashed, creating inefficient private monopolies. And with unemployment at 15%, nobody is enthusiastic about the job cuts privatization would involve.
That leaves President Jorge Batlle with a problem. Uruguay has been in recession for the past two years, mainly because of low prices for its agricultural exports, and because of Argentina’s woes. But public debt is at 45% of GDP, and rising. Some economists argue that privatization would give a boost to the economy, by attracting foreign investment, and by lowering costs. CERES, a think-tank, having compared tariffs for public services in Uruguay and its neighbors, believes liberalization could save businesses and households the equivalent of 4% of GDP annually, raise growth and produce a net 45,000 jobs.
The polls that show continuing support for public ownership also show growing opposition to monopolies. So Mr. Baffle plans to keep the state firms, but let private ones either compete with them or bid to operate their services under contract.
The opposition Broad Front and the trade unions are resisting. They have gathered enough signatures to demand a "public consultation" next month on a new law to allow private operators in the ports and railways—a referendum on whether to hold a referendum on the issue. Alberto Bension, the finance minister, admits the vote will be a crucial indicator of how far the government can push. But he notes that, since 1992, attempts to overturn laws by calling referendums have flopped.
The liberalization of telecoms has already begun. Bell South, an American firm, is the first private cell-phone operator. There are plans to license others, and talk of allowing competition for fixed-line telephones. A new law allows private companies to import gas from Argentina to generate electricity in competition with the state utility. Another plan would strip Ancap, the state oil firm, of its monopoly of imports. It has already been allowed to seek a private partner to modernize its refinery.
Harder tasks lie ahead. The state-owned banks are burdened with problem loans to farmers and home owners. And Mr. Batlle shows no appetite for cutting the bureaucracy.
After a year in office, the president is popular. He has created a cross-party commission to investigate "disappearances" during Uruguay’s military dictatorship of 1976-85 The unions are weakened by unemployment. At CERES. Ernesto Talvi argues that Mr. Baffle should note his own strength, and push ahead more boldly. But that is not the Uruguayan way.
What can we infer from the first four paragraphs
A:Uruguay has been always trying to join in the privatizing wave B:Economists argue that privatization is an efficient way to boost Uruguay’s GDP. C:Mr. Battle plans to privatize the country’s economy completely. D:The opposition Broad Front is in favor of privatization.
Text 2
Uruguay has been a proud exception to
the privatizing wave that swept through South America in the 1990s. Its
state-owned firms are more efficient than many of their counterparts in
Argentina and Brazil ever were. In 1992, Uruguayans voted in a referendum
against privatizing telecoms. They rightly observe that some of Argentina’s
sales were smashed, creating inefficient private monopolies. And with
unemployment at 15%, nobody is enthusiastic about the job cuts privatization
would involve. That leaves President Jorge Batlle with a problem. Uruguay has been in recession for the past two years, mainly because of low prices for its agricultural exports, and because of Argentina’s woes. But public debt is at 45% of GDP, and rising. Some economists argue that privatization would give a boost to the economy, by attracting foreign investment, and by lowering costs. CERES, a think-tank, having compared tariffs for public services in Uruguay and its neighbors, believes liberalization could save businesses and households the equivalent of 4% of GDP annually, raise growth and produce a net 45,000 jobs. The polls that show continuing support for public ownership also show growing opposition to monopolies. So Mr. Baffle plans to keep the state firms, but let private ones either compete with them or bid to operate their services under contract. The opposition Broad Front and the trade unions are resisting. They have gathered enough signatures to demand a "public consultation" next month on a new law to allow private operators in the ports and railways—a referendum on whether to hold a referendum on the issue. Alberto Bension, the finance minister, admits the vote will be a crucial indicator of how far the government can push. But he notes that, since 1992, attempts to overturn laws by calling referendums have flopped. The liberalization of telecoms has already begun. Bell South, an American firm, is the first private cell-phone operator. There are plans to license others, and talk of allowing competition for fixed-line telephones. A new law allows private companies to import gas from Argentina to generate electricity in competition with the state utility. Another plan would strip Ancap, the state oil firm, of its monopoly of imports. It has already been allowed to seek a private partner to modernize its refinery. Harder tasks lie ahead. The state-owned banks are burdened with problem loans to farmers and home owners. And Mr. Batlle shows no appetite for cutting the bureaucracy. After a year in office, the president is popular. He has created a cross-party commission to investigate "disappearances" during Uruguay’s military dictatorship of 1976-85 The unions are weakened by unemployment. At CERES. Ernesto Talvi argues that Mr. Baffle should note his own strength, and push ahead more boldly. But that is not the Uruguayan way. |
A:Uruguay has been always trying to join in the privatizing wave B:Economists argue that privatization is an efficient way to boost Uruguay’s GDP. C:Mr. Battle plans to privatize the country’s economy completely. D:The opposition Broad Front is in favor of privatization.
We should start (at once) and not waste (too) much time (to argue) (about) the procedure.( )
A:at once B:too C:to argue D:about
There is much discussion today about whether economic growth is desirable. At an earlier period, our desire for material wealth may have been justified. Now, however, this desire for more than we need is causing serious problems. Even though we have good intentions, we may be producing too much, too fast.
Those who criticize economic growth argue that we must slow down. They believe that society is approaching certain limits on growth. These include the fixed supply of natural resources, the possible negative effects of industry on the natural environment, and the continuing increase in the world’s population. As society reaches these limits, economic growth can no longer continue, and th9 quality of life will decrease.
People who want more economic growth, on the other hand, argue that even at the present growth rate there are still many poor people in the world. These proponents of economic growth believe that only more growth can create the capital needed to improve the quality of life in the world. Furthermore, they argue that only continued growth can provide the financial resources required to protect our natural surroudings from industrialization.
This debate over the desirability of continued economic growth is of vital importance to business and industry. If those who argue against economic growth are correct, the problems they mention cannot be ignored. To find a solution, economists and the business community must pay attention to these problems and continue discussing them with one another.
A:arguments in support of something B:disagreements C:people who argue for something D:people who argue against something
Passage Three
There is much discussion today about whether economic growth is desirable. At an earlier period, our desire for material wealth may have been justified. Now, however, this desire for more than we need is causing serious problems. Even though we have good intentions, we may be producing too much, too fast.
Those who criticize economic growth argue that we must slow down. They believe that society is approaching certain limits on growth. These include the fixed supply of natural resources, the possible negative effects of industry on the natural environment, and the continuing inertease in the world’s population. As society reaches these limits, economic growth can no longer continue, and the quality of life will decrease.
People who want more economic growth, on the other hand, argue that even at the present growth rate there are still many poor people in the world. These proponents of economic growth believe that only more growth can create the capital needed to improve the quality of life in the world. Furthermore, they argue that only continued growth can provide the financial resources required to protect our natural surroudings from industrialization.
This debate over the desirability of continued economic growth is of vital importance to business and industry. If those who argue against economic growth are correct, the problems they mention cannot be ignored. To find a solution, economists and the business community must pay attention to these problems and continue discussing them with one another.
A:arguments in support of something B:disagreements C:people who argue for something D:people who argue against something
There is much discussion today about whether economic growth is desirable. At an earlier period, our desire for material wealth may have been justified. Now, however, this desire for more than we need is causing serious problems. Even though we have good intentions, we may be producing too much, too fast.
Those who criticize economic growth argue that we must slow down. They believe that society is approaching certain limits on growth. These include the fixed supply of natural resources, the possible negative effects of industry on the natural environment, and the continuing increase in the world’s population. As society reaches these limits, economic growth can no longer continue, and th9 quality of life will decrease.
People who want more economic growth, on the other hand, argue that even at the present growth rate there are still many poor people in the world. These proponents of economic growth believe that only more growth can create the capital needed to improve the quality of life in the world. Furthermore, they argue that only continued growth can provide the financial resources required to protect our natural surroudings from industrialization.
This debate over the desirability of continued economic growth is of vital importance to business and industry. If those who argue against economic growth are correct, the problems they mention cannot be ignored. To find a solution, economists and the business community must pay attention to these problems and continue discussing them with one another.
A:arguments in support of something B:disagreements C:people who argue for something D:people who argue against something
There is much discussion today about whether economic growth is desirable. At an earlier period, our desire for material wealth may have been justified. Now, however, this desire for more than we need is causing serious problems. Even though we have good intentions, we may be producing too much, too fast.
Those who criticize economic growth argue that we must slow down. They believe that society is approaching certain limits on growth. These include the fixed supply of natural resources, the possible negative effects of industry on the natural environment, and the continuing increase in the world’s population. As society reaches these limits, economic growth can no longer continue, and th9 quality of life will decrease.
People who want more economic growth, on the other hand, argue that even at the present growth rate there are still many poor people in the world. These proponents of economic growth believe that only more growth can create the capital needed to improve the quality of life in the world. Furthermore, they argue that only continued growth can provide the financial resources required to protect our natural surroudings from industrialization.
This debate over the desirability of continued economic growth is of vital importance to business and industry. If those who argue against economic growth are correct, the problems they mention cannot be ignored. To find a solution, economists and the business community must pay attention to these problems and continue discussing them with one another.
We may infer from the context that "proponents" (Par
A:A.3) most probably means ______. arguments in support of something disagreements people who argue for something people who argue against something
Passage Three
There is much discussion today about
whether economic growth is desirable. At an earlier period, our desire for
material wealth may have been justified. Now, however, this desire for more than
we need is causing serious problems. Even though we have good intentions, we may
be producing too much, too fast. Those who criticize economic growth argue that we must slow down. They believe that society is approaching certain limits on growth. These include the fixed supply of natural resources, the possible negative effects of industry on the natural environment, and the continuing increase in the world’s population. As society reaches these limits, economic growth can no longer continue, and th9 quality of life will decrease. People who want more economic growth, on the other hand, argue that even at the present growth rate there are still many poor people in the world. These proponents of economic growth believe that only more growth can create the capital needed to improve the quality of life in the world. Furthermore, they argue that only continued growth can provide the financial resources required to protect our natural surroudings from industrialization. This debate over the desirability of continued economic growth is of vital importance to business and industry. If those who argue against economic growth are correct, the problems they mention cannot be ignored. To find a solution, economists and the business community must pay attention to these problems and continue discussing them with one another. |
A:arguments in support of something B:disagreements C:people who argue for something D:people who argue against something
It’s no use ( ) with a drunken man.
A:argue B:to argue C:arguing D:being argued