voa标准英语2008年-Business Leaders Assessing State of Indian Econ

Indian business leaders and their international counterparts are meeting in New Delhi to assess India's economy in the wake of the global economic downturn. VOA Correspondent Steve Herman reports from the Indian capital some there believe India is better positioned than most countries to weather the financial storm.

While India's economy, greatly driven by domestic demand, is sheltered compared to the losses being seen in economies more dependent on exports, there is some fear and uncertainty¹ among the country's business leaders.
　

K.V. Kamath, C.E.O of ICICI Bank & president, Confederation of Indian IndustryWorld Economic Forum2, Taj Palace Hotel, 16 Nov. 2008

After the leaders of developed nations - the so-called G-20 group - failed to agree on a coordinated³ economic-stimulus plan during a meeting in Washington, corporate⁴ and government leaders in New Delhi gathered to assess India's financial situation.

Leading banker and President of the Confederation of Indian Industry K.V. Kamath says corporate bosses are still trying to digest the ramifications⁵ of the global credit crisis and economic meltdown.

"It will take six to eight weeks for industry to really figure out there is an impact, but what is that impact and what ought to be our response," Kamath said. "And I think thereafter it will be a major response."

Various forecasts predict India will see a few percentage points shaved off its average annual nine-percent growth rate of the last several years.

James Quigley, the chief executive officer of the global consulting firm Deloitte, says India's growth forecast is the envy of many of those G-20 countries.
　

Deloitte global chief and C.E.O James Quigley, World Economic Forum, Taj Palace Hotel, 16 Nov. 2008

"There is a whole bunch of other leaders in Washington right now thinking about six percent would be quite fantastic, would be wonderful, would be unprecedented⁶, if they could enjoy that kind of growth," Quigley said.

But the chairman of the India-based information technology consultancy Satyam Computer Services, B. Ramalinga Raju, does not believe the current predicted growth is adequate to sustain India's 1.2 billion people, most of them still mired⁷ in poverty.

"A six or seven percent growth may be not good enough for a developing country," Raju said.

There are fears among many of those attending the annual India summit of the World Economic Forum that the global financial crisis will usher⁸ in an era of trade protectionism.
　

Rahul Bajaj, chairman, Bajaj AutoWorld Economic Forum, Taj Palace Hotel, 16 Nov. 2008

The chairman of a vehicle manufacturer, Rahul Bajaj, who is also a member of Parliament, is making a plea for that not to happen.

"All of us, and especially the developed world, should not now go in for protectionism," Bajaj said. "We know that at times like this voices are raised and the 'beggar-thy-neighbor' policy comes into effect."

There are numerous other storm clouds on the horizon for India's economy. More than $11 billion was withdrawn⁹ by foreign investors¹⁰ from Indian markets in the first nine months of this year. As in many other countries, lending for real estate and other investments has vaporized. And many major Indian and foreign companies here have been announcing significant job cuts.

　

1 uncertainty   

n.易变，靠不住，不确知，不确定的事物

参考例句：

• Her comments will add to the uncertainty of the situation.她的批评将会使局势更加不稳定。
• After six weeks of uncertainty,the strain was beginning to take its toll.6个星期的忐忑不安后，压力开始产生影响了。

2 forum   

n.论坛，讨论会

参考例句：

• They're holding a forum on new ways of teaching history.他们正在举行历史教学讨论会。
• The organisation would provide a forum where problems could be discussed.这个组织将提供一个可以讨论问题的平台。

3 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

4 corporate   

adj.共同的，全体的；公司的，企业的

参考例句：

• This is our corporate responsibility.这是我们共同的责任。
• His corporate's life will be as short as a rabbit's tail.他的公司的寿命是兔子尾巴长不了。

5 ramifications   

n.结果，后果( ramification的名词复数 )

参考例句：

• These changes are bound to have widespread social ramifications. 这些变化注定会造成许多难以预料的社会后果。
• What are the ramifications of our decision to join the union? 我们决定加入工会会引起哪些后果呢？ 来自《简明英汉词典》

6 unprecedented   

adj.无前例的，新奇的

参考例句：

• The air crash caused an unprecedented number of deaths.这次空难的死亡人数是空前的。
• A flood of this sort is really unprecedented.这样大的洪水真是十年九不遇。

7 mired   

abbr.microreciprocal degree 迈尔德（色温单位）v.深陷( mire的过去式和过去分词 )

参考例句：

• The country was mired in recession. 这个国家陷入了经济衰退的困境。
• The most brilliant leadership can be mired in detail. 最有才干的领导也会陷于拘泥琐事的困境中。 来自《现代汉英综合大词典》

8 usher   

n.带位员，招待员；vt.引导，护送；vi.做招待，担任引座员

参考例句：

• The usher seated us in the front row.引座员让我们在前排就座。
• They were quickly ushered away.他们被迅速领开。

9 withdrawn   

vt.收回；使退出；vi.撤退，退出

参考例句：

• Our force has been withdrawn from the danger area.我们的军队已从危险地区撤出。
• All foreign troops should be withdrawn to their own countries.一切外国军队都应撤回本国去。

10 investors   

n.投资者，出资者( investor的名词复数 )

参考例句：

• a con man who bilked investors out of millions of dollars 诈取投资者几百万元的骗子
• a cash bonanza for investors 投资者的赚钱机会