英汉26篇-汉英21chinadaily翻译大赛作品及点评-us has little to teach china about steady economy

USHasLittletoTeachChinaaboutSteadyThereisasecondmyth:thatChinawouldbenefitfromlettingitsexchangeratefloatfreely,lettingmarketforcessettheprice.Nomarketeconomyhasforesworninterveningintheexchangerate.Moretothepoint,nomarketeconomyhasforeswornmacroeconomicinterventions. interveneregularlyinfinancialmarkets,forinstance,settinginterestrates.Somemarketfundamentalistsclaimthat ernmentsshoulddononeofthis.Buttoday,nocountryandfewrespectableeconomistssubscribetotheseviews.Thequestion,then,iswhatisthebestsetofinterventionsinthemarket?Thereisahighcosttoexchangeratevolatility,andcountrieswhereernmentshaveintervenedjudiciouslytostabilisetheirexchangeratehave,byandlarge,donebetterthanthosethathaveExchangeraterisksimposehugecostsoncompanies;itiscostlyandoftenimpossibletodivestthemselvesofthisrisk,especiallyindevelocountries.Thequestionofexchangeratemanagementbringsupabroaderissue:theroleofthestateinmanagingtheeconomy.Today,almosteveryonerecognisesthatcountriescansufferfromtoolittleernmentinterventionjustastheycansufferfromtoomuch.Chinahasbeenrebalancingand,overthepasttwodecades,marketshave emoreimportant,theernmentlessso.Buttheernmentstillplaysacriticalrole.China’sparticularblendhasservedtheChinesewell.Itisnotjustthat eshavebeenrisingatanamazing9percentannually,andthathighrateshavebeensustainedformorethantwodecades,butthefruitsofthatgrowthhavebeenwidelyshared.From1981to2001,422mChinesehavemovedoutofpoverty.TheUSeconomyisgrowingatathirdthepaceofChina’s.Povertyisrisingandmedianhouseholdesare,inrealterms,declining.America’stotalnetsavingsaremuchlessthanChina’s.ChinaproducesfarmoreoftheengineersandscientiststhatarenecessarytocompeteintheglobaleconomythantheUS,whileAmericaiscuttingitsexpendituresonbasicresearchasitincreasesmilitaryspending.Meanwhile,asAmerica’sdebtcontinuestoballoon,itswantstomaketaxcutsfortherichestpeoplepermanent.Withallthisinmind,China’sleadersmaynotfeelneedtoseekadvicefromtheUSonhowtomanageeithertheexchangerateorthe获奖译 英译参考译 英译作者：·2005726各国经常对进行干预，比如，它们对利率进行的调整。一些市场原教旨主义者，作用。几乎所有人今天都承认，正如干预过多可使国家损失一样干预过少同样可使国家损失，而中国在这两者之间一直寻求着某种平衡。在过去的20年国收益一直以9%的惊人速度增长，而且表现在经济增长的硕果广泛得到。从1981年至2001年，已有4.22亿摆脱了贫穷。，。，趋势的净储蓄总额要远远低于中国在培养全球经济竞争中不可或缺的工程师和科学础研究的投入。与此同时的继续飙升，而的总统却希望为的最富有群体实施性减税。考虑到所有这些因素，无论在如何管理汇率或经济的问题上，中国的。，人都没有必要听从的忠告（点评英译中语言要提识面要拓本擂台赛选文出自一篇题为UShaslittletoteachChinaaboutsteadyeconomy文章中的三个自。该文章作者是·(JosephStiglitz)，哥伦比亚大学教授，2001年获经济学奖。汇率给向公司征收高额带来风险，特别在发展中国家，高汇率通常不可避免这种风大体上说，那些通过来干预和稳定其汇率的国家和，比那些没有进行干预汇率风险会使各大公司蒙受巨大损失，而转嫁这一风险成本巨大，而且经常无法转嫁，……在大家的来稿中均有人将exchangeratevolatility， ernmentintervention,totalnetsavings,medianhousehold es等术语译错。许多人将medianhousehold es翻译为“中等家庭收入”或“中产收入，而实际上该术语指的是有收入家庭经济收入序列的中间值，英文定义：Themedianhousehold eisonemeasureofaveragehousehold e.Itdividesthehousehold edistributionintotwoequalparts:one-halfofthecasesfallbelowthemedian e,andone-halfabove另外，从“凡是通过干预稳定汇率的国家，总的看来效果都比没有参预的好”的Nomarketeconomyhasforesworninterveningintheexch