Text “Taming Inflation in the Transition Economies”……………………. <...> Text “International Accounting Standards for Russian Banks”…………. <...> Ex. 1 Skim through the text “LIBERALIZATION, STABILIZATION AND GROWTH” and write in the number of the paragraph that deals with each of the following topics: a) Importance of stabilization for transition; b) Differences between countries in initial condition; с) Necessary steps for improving economic performance; d) Important parallels between transition countries; e) Importance of liberalization. <...> LIBERALIZATION, STABILIZATION AND GROWTH stabilization have Liberalization involves 1. <...> Across the transition economics, extensive liberalization and determined both been vital for freeing prices, stabilization means reducing inflation and containing domestic and external imbalances. <...> Whereas planned economies experienced low or negative overall productivity growth despite high capital accumulation, least half of output growth in advanced market economies since World War II has is an investment in a more dynamic system of economic coordination that fosters longrun productivity and output growth. <...> Evidence from a wide range of market economies shows that once annual transition because macroeconomic inflation rises above a threshold level around 40 percent, growth deteriorates dramatically. <...> High inflation obscures relative price incentives and creates uncertainty, inhibiting saving and investment. <...> Therefore, price stabilization always complements liberalization as a basis for growth; as shown below, some transition countries have liberalized faster than others, but none has registered sustained growth without containing inflation at moderate levels. 4. <...> Ex. 3 Before you read the text, study key words and word-combinations and give Russian equivalents for them. <...> Why does high inflation create uncertainty, inhibiting saving and investment? 8. <...> Ex. 17 Look through the text in the text “CHINA’S DUAL-TRACK PRICE REFORMS” and sort out the connectors in it under the headings of the above given classification. <...> CHINA’S DUAL-TRACK PRICE REFORMS China’s price reforms began in late 1978, implementing a dual-track system in which the share of production subject to state procurement continuously declined, and more and more prices were subjected to varying degrees of market guidance. <...> By the end of 1994 this dualtrack system had led to the decontrol of more than 90 percent of retail prices and between 80 and 90 percent of agricultural <...>
Финансовая_экономика._Английский_язык_для_магистров.pdf
УДК 802.0(07)
ББК 81.2Англ-9
П26
Р е ц е н з е н т ы:
канд. филол. наук, доцент К.В. Боровикова;
канд. филол. наук, доцент И. Б. Косицына;
канд. филол. наук, доцент Г.А. Шушарина
П26
Першина Е.Ю.
Финансовая экономика. Английский язык для магистров :
учебное пособие / Е.Ю. Першина. – 4-е изд., стер. – Москва :
ФЛИНТА, 2023. – 88 с. – ISBN 978-5-9765-1382-2. – Текст :
электронный.
В пособии рассматриваются основные аспекты финансовой экономики
на основе аутентичного материала Международного Валютного
Фонда, Мирового банка, а также зарубежной прессы. Цель пособия –
закрепление терминологического минимума, необходимого для
понимания экономической литературы, обучение работе с научными
источниками профессионально-ориентированного характера, развитие
навыков коммуникативной направленности и преодоление языковых
трудностей, характерных для языка научно-экономической литературы.
Рассчитано на 100 часов аудиторных занятий.
Предназначено для магистров 5–6 курсов специальности 080100(04)
«Финансовая экономика» и аспирантов экономических специальностей.
УДК 802.0(07)
ББК 81.2Англ-9
ISBN 978-5-9765-1382-2
© Першина Е.Ю., 2017
© Издательство «ФЛИНТА», 2017
Стр.2
CONTENTS
ВВЕДЕНИЕ…………………………………………………………………........4
UNIT 1. ANALYTICAL READING, WRITING AND
DISCUSSION…………………………………………………................5
Task 1. Skimming for main ideas…………………………………………........5
Text “Liberalization, Stabilization and Growth”…………………………..........5
Task 2. Scanning through the text…………………………………………........7
Task 3. Discussing the content……………………………………………........11
Task 4. Analyzing Text Structure…………………………………………........11
Text “China’s Dual-Track Price Reforms”………………………………..........12
Task 5. Summarizing……………………………………………………….......13
UNIT 2. THE ART OF WRITING PRÉCIS AND ABSTRACT………...........14
Task 1. Précis / Abstract Writing………………………………………….............14
Patterns 1, 2, 3, 4…………………………………………………………..............15
Text “Taming Inflation in the Transition Economies”…………………….............19
Patterns 5, 6, 7, 8…………………………………………………………..............26
Text “Notes from Underground: the Growth and Costs of Unofficial
Economies”………………………………………………………………..............30
UNIT 3. ROUND-TABLE AND PANEL DISCUSSION…………………........32
Text “Audiences Get Lost – Give Them a Map”………………………….............32
Abstract “Panel Power” by Bill Hennefrund………………………………...........32
Quotes for a round-table discussion………………………………………............35
UNIT 4. PRACTICING WRITING SKILLS……………………………..........37
Article “Mastering the Written Word” by Lisa Pasquale…………………............37
Text “Developing Capital Markets”………………………………………. ..........39
UNIT 5. WRITING A SPEECH…………………………………………...........47
Article “So, You Need to Write a Speech” by Millie Gruber…………….............47
Text “Banking Reform in Transition Economies”………………………...............49
UNIT 6. QUATATION AND FOOTNOTING……………………………........54
Article “Select Your Quote with Care” by Richard Allen Stull…………..............54
Text “Guidelines to Footnoting”………………………………………….............55
Text “Money Laundering: Muddying the Macroeconomy”………………...........56
UNIT 7. REPORT-WRITING…………………………………………….........61
Text “International Accounting Standards for Russian Banks”………….............62
THESAURUS………………………………………………………………........65
БИБЛИОГРАФИЧЕКИЙ СПИСОК…………………………………….......73
APPENDICES……………………………………………………………….......74
APPENDIX 1. ADDITIONAL TEXTS…………………………………...........74
APPENDIX 2. SCIENTIFIC SPEECH PATTERNS ……………………........85
APPENDIX 3. ACRONYMS AND INITIALS……………………………........87
3
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