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OECD Cuts Growth Outlook to Weakest Since Financial Crisis

OECD下修經濟成長展望

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OECD Cuts Growth Outlook to Weakest Since Financial Crisis
金融海嘯以來最低
The Organization for Economic Cooperation and Development (OCED) cut its forecast for global economic growth to the lowest since the financial crisis, urging governments to do more to prevent long-term damage.
經濟合作暨發展組織(OECD)把全球經濟的預估下修至金融危機以來最低成長率,呼籲政府加把勁,以免造成長期的危害。
the Organization for Economic Cooperation and Development (OCED) 經濟合作與發展組織cut=lower調降economic forecast 經濟預測weather forecast 天氣預報urge(v.)敦促;呼籲=strongly advise
Global economic growth is likely to weaken to 2.9% in 2019 and 3% in 2020, the lowest annual growth rates since the 2008 financial crisis, the OECD said in its latest outlook.
OECD在最新的展望報告中指出,2019年全球經濟成長可能趨緩至2.9%,2020年料為3%,為2008年金融海嘯以來最低的年成長率。
weaken (v.)削弱;走弱
The economic research organization has forecasted that economic growth in the U.S. will slow to 2% next year. By comparison, the Trump administration has targeted 3% annual GDP growth.
OECD預估,美國明年的經濟成長率或放緩到2%。相較之下,川普政府明年的GDP成長目標為3%。
forecast-forecast-forecast 或forecast-forecasted-forecastedby comparison or in comparison相較之下by contrast or in contrast相對比之下GDP=gross domestic product 國內生產毛額
The projections for economic growth have been revised downward for nearly all G20 countries.
G20國家的經濟成長前景幾乎全都下修。
revise(v.)修訂,修正
The OECD’s latest outlook is a downgrade on the group’s 2018 prediction that global economic growth would reach 4% in 2019.
OECD最新的展望下修2018年時所做的預估,原本預測2019年全球經濟成長率料達到4%。
downgrade(n.)(v.)降級、下修upward(n.)(v.)升級;上修
The report states that the global perspective is “fragile and uncertain,” and growth is shrinking.
這份報告說明全球展望「疲弱且難以預料」,經濟成長萎縮。
perspective(n.)(思考問題的)角度,觀點,想法a historical perspective 從歷史角度來看shrink(v.)縮水;萎縮(shrink-shrank-shrunk)
The trade war between the U.S. and China and the political uncertainty amid Brexit have taken a toll on confidence and investment, and risks have continued to mount on financial markets.
美中貿易戰,加上英國脫歐的政治不確定因素逐漸對信心和投資產生負面影響,金融市場風險持續攀升。
toll (n.)(道路、橋梁的)通行費、傷亡、損失the death toll 傷亡人數take a toll on something 產生負面影響,造成損失mount(v.)逐漸上升
“Our fear is that we are entering an era where growth is stuck at a very low level,” OECD Chief Economist Laurence Boone said. “Governments should absolutely take advantage of low rates to invest in the future now so that this sluggish growth doesn’t become the new normal.”
OECD首席經濟學家波恩說,我們擔憂的是正進入經濟成長卡在非常低水準的年代,政府現在絕對應該利用低利率來投資未來,緩慢的經濟成長才不會變成新常態。
stuck(adj.)困住了;陷入困境的(stick-stuck-stuck)take advantage of~利用;佔便宜sluggish (adj.)行動遲緩,無精打采sluggish growth 經濟成長不振
The OECD calls on central banks to remain accommodative in advanced economies, stressing that the effectiveness of monetary policy could be enhanced by “stronger fiscal and structural policy support.”
OECD呼籲已開發經濟體的央行仍維持寬鬆政策,強調貨幣政策的效益可以因為「強有力的財政和結構性政策的支撐」,進而提高。
accommodative(adj.)適應的、予以方便的、寬鬆的monetary policy貨幣政策fiscal policy 財政政策structural policy 結構性政策
The OECD notes that fiscal policy should play a larger role in supporting the economy by taking advantage of exceptionally low long-term interest rates for wider public investment to support near-term demand and future prosperity.
OECD表示,財政政策在支撐經濟方面應該發揮更大的作用,可以利用長期特別低的利率,來做更多公共投資,以支持短期需求,促進未來的繁榮。
play a role in~發揮作用prosperity(n.)繁榮;榮景

📚 重點單字片語

financial crisis
金融危機
financial(adj.)
財務的;財政的;金融的
the Organization for Economic Cooperation and Development (OCED)
經濟合作與發展組織
cut=lower
調降
economic forecast
經濟預測
weather forecast
天氣預報
urge(v.)
敦促;呼籲=strongly advise
weaken (v.)
削弱;走弱
forecast-forecast-forecast
或forecast-forecasted-forecasted
by comparison or in comparison
相較之下
by contrast or in contrast
相對比之下
GDP=gross domestic product
國內生產毛額
revise(v.)
修訂,修正
downgrade(n.)(v.)
降級、下修
upward(n.)(v.)
升級;上修
perspective(n.)(
思考問題的)角度,觀點,想法
a historical perspective
從歷史角度來看
shrink(v.)
縮水;萎縮(shrink-shrank-shrunk)
toll (n.)(
道路、橋梁的)通行費、傷亡、損失
the death toll
傷亡人數
take a toll on something
產生負面影響,造成損失
mount(v.)
逐漸上升
stuck(adj.)
困住了;陷入困境的(stick-stuck-stuck)
take advantage of~
利用;佔便宜
sluggish (adj.)
行動遲緩,無精打采
sluggish growth
經濟成長不振
accommodative(adj.)
適應的、予以方便的、寬鬆的
monetary policy
貨幣政策
fiscal policy
財政政策
structural policy
結構性政策
🎧

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