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[模擬]考研英語閱讀模擬227
多項選擇
AgathaChristiewouldnothavegonenearTheMysteryoftheMissing
SolarNeutrinos,butthepuzzlerhasheldscientistsinraptfrustration
formorethan30years.Finally,theirdoggednessappearstohavepaidoff.
Acceptedtheorysaysthesun'score,heatingitselfbyatomic
fusion,shouldspewintospacevastnumbersofminusculeparticlescalled
electronneutrinos.Mostoftheseghostlyparticlestravelbillionsof
light-years,evenstraightthroughstars,withouthittinga
thing.Measuringthemisobviouslydifficult,buteverydetectoruntilnow
hasconsistentlyfoundhalf(orfewer)ofthattheorywould
predict.Physicistsbegantodoubttheirconceptaboutwhystarsshine.
Lastweek,after14monthsmeasuringfaintflashesofbluelight
fromneutrinosandotherparticlesstreamingthroughadetector6800feet
downinanOntarionickelmine,178scientistsfromCanada,theUnited
States,andBritainannouncedthattheyhavesolvedtheconundrum.Nothing
iswrongwithmodelsofthesun,saysprojectdirectorArthurMcDonaldof
Queen,sUniversityinKingston,Ont.Theneutrinosarerightwherethey
shouldbe.Somearejustindisguise.Theinstrumentfoundelectron
neutrinosmixedinwithothers,evenharder-to-detect“flavors”of
neutrinos.SowhilesomemaychangeidentityonthewaytoEarth,thegrand
totalisjustright.
NobodygreetedtheresultsmorejoyouslythanphysicistJohn
BahcalloftheInstituteforAdvancedStudyinPrinceton,N.J.Intheearly
1960s,hecalculatedhowmanyneutrinosthesun,sfurnaceshouldsend
throughEarth.It'salot:About5millionpassharmlesslythrougha
fingernail-sizeareaeverysecond.In1968,thefirstneutrinodetector
一locateddeepintheHomestakeGoldMineinSouthDakota一foundthe
discrepancy.Bahcallrecallsitasthemostembarrassingmomentofhis
professionallife.
Lastweek,sdiscoverysolvesonemysterybutraisesraises
others.Nobodyissureexactlywhyneutrinoschangetheiridentity.The
overarchingstandardmodelofphysicssaysneutrinoshavenomass;the
newresultssuggesttheymusthaveatleastatinybitofheft.
TheworkleavesAmericanscientistsdeeplyenviousofthe
Canadianlaboratory.Japan,RussiaandItalyalsohavefirst-rate
undergroundlabsshieldedfromordinarycosmicraysandsuitedfor
studyingneutrinos.AconsortiumofU.S.universitiesappliedtofederal
agenciesearlythismonthtoconstructa$200millionlaboratorymore
than7400feetdowninthenowidleHomestakeMine,deeperthananyother
country,ssetup.
i
neutrino(n.)微中子puzzler(n.)難題
consortium(n.)社團,協(xié)會,聯(lián)盟
doggedness(n.)頑固,固執(zhí)minuscule(adj.)微小的nickel
mine鍥礦
conundrum(n.)難題discrepancy".)差異,矛盾overarch
(v.)形成拱型
heft(n.)分量,重量cosmicrays宇宙射線
raptfrustration全神貫注的、完全的受挫
第1題:
Whatdoestheword“puzzler”(Line2,Para.1)referto?
A.peoplewhoarepuzzled
B.scientistswhoarepuzzled
C.AgathaChristie
D.TheMysteryoftheMissingSolarNeutrinos
參考答案:D
答案解析:
本文主要介紹了失蹤的太陽微中子之謎。第一段:失蹤的太陽微中子之謎在困
擾科學家多年后被發(fā)現(xiàn)。第二段:傳統(tǒng)理論對太陽核心粒子移動的解釋。第三
段:科學家們宣布的新發(fā)現(xiàn)。第四段:物理學家JohnBahcall對這一結(jié)果感到
非常高興。第五段:人們還不清楚為什么微中子會改變其特性。第六段:美國
人希望建立最好的實驗室進行進一步的研究。[D]推斷題。從第一段可
以堆斷出“難題”指的是失蹤的太陽微中子之謎。
第2題:
Accordingtosometheorists,howmanyelectronneutrinosshouldbe
detected?
A.abouttwicethenumberthedetectorsfound
B.alittlebitmorethanthedetectorsfound
C.fewerthanthenumberthedetectorsfound
D.exactlythesamenumberasthedetectorsfound
參考答案:A
答案解析:
[A]細節(jié)題。見第二段第三句“測量它們顯然很困難,到目前為止,每種探測器
只找了理論預測上的一半甚至不到一半的量?!?/p>
第3題:
Whathappenedlastweekaccordingtothepassage?
A.Scientistsmeasuredfaintflashesofbluelightfromneutrinosand
2
otherparticles.
B.Britainscientistsannouncedthattheyhavesolvedtheconundrum.
C.178scientistsannouncedthattheyhavesalvedtheconundrum.
D.Neutrinosandotherparticlesstreamedthroughadetector6800feet
down.
參考答案:c
答案解析:
[C]細節(jié)題。見第三段第一句“上周,在一家安大略銀礦,在進行了長達14個
月對藍光微中子的微光和能夠通過深測器穿透6800英尺以下深度的粒子的測量
后,來自加拿大、美國和英國的178名科學家宣布他們已經(jīng)解決了這個難題。”
第4題:
WhichisNOTtrueaboutthelaboratorytheuniversitiesappliedto
construct?
A.Thelaboratorywillcostthem$200million.
B.Thelaboratorywillbeconstructed7400feetdown.
C.ThelaboratorywillbeconstructedwhereHomestakeMineisnow.
D.Thelaboratorywillalsobeanidleone.
參考答案:D
答案解析:
[D]細節(jié)題。見全文最后一句話.morethan7400feetdowninthenowidle
HomestakeMine”是指Homestake礦井至今仍閑置著。
第5題:
Whatisthepassagemainlyabout?
A.TheMysteryoftheMissingSolarNeutrinos.
B.Whystarsshine.
C.Whyneutrinoschangetheiridentity.
D.AgathaChristie,snovel.
參考答案:A
答案解析:
[A]主旨題。全文的主題是失蹤的太陽微中子之謎,參見文章精點。
Theimportanceandfocusoftheinterviewintheworkoftheprint
andbroadcastjournalistisreflectedinseveralbooksthathavebeen
writtenonthetopic.Mostofthesebooksaswellasseveral
chapters,mainlyin,butnotlimitedto,journalismandbroadcasting
handbooksandreportingtexts,stressthe“howto“aspectsofjournalistic
interviewingratherthantheconceptualaspectsoftheinterview,its
context,andimplications.Muchofthe^howto^materialisbasedonpersonal
experiencesandgeneralimpressions.Asweknow,injournalismasinother
3
fields,muchcanbelearnedfromthesystematicstudyofprofessional
practice.Suchstudybringstogetherevidencefromwhichbroadgeneralized
principlescanbedeveloped.
Thereis,ashasbeensuggested,agrowingbodyofresearch
literatureinjournalismandbroadcasting,butverylittlesignificant
attentionhasbeendevotedtothestudyoftheinterviewitself.Onthe
otherhand,manygeneraltextsaswellasnumerousresearcharticleson
interviewinginfieldsotherthanjournalismhavebeenwritten.Manyof
thesebooksandarticlespresentthetheoreticalandempiricalaspects
oftheinterviewaswellasthetrainingofthe
interviewers.Unhappily,thisplentifulgeneralliteratureabut
interviewingpayslittleattentiontothejournalisticinterview.Thefact
thatthegeneralliteratureoninterviewingdoesnotdealwiththe
journalisticinterviewseemstobesurprisingfortworeasons.First,it
seemslikelythatmostpeopleinmodernWesternsocietiesaremore
familiar,atleastinapositivemanner,withjournalisticinterviewing
thanwithanyotherformofinterviewing.Mostofusareprobablysomewhat
familiarwiththeclinicalinterview,suchasthatconductedbyphysicians
andpsychologists.Inthesesituationstheprofessionalpersonor
interviewerisinterestedingettinginformationnecessaryforthe
diagnosisandtreatmentofthepersonseekinghelp.Anotherfamiliar
situationisthejobinterview.However,veryfewofushaveactuallybeen
interviewedpersonallybythemassmedia,particularlybytelevision.And
yet,wehaveavividacquaintancewiththejournalistinterviewbyvirtue
ofourrolesasreaders,listeners,andviewers.Evenso,trueunderstanding
ofthejournalisticinterview,especiallytelevisioninterviews,requires
thoughtfulanalysesandevenstudy,asthisbookindicates.
conceptual(adj.)抽象的implication(n.)意義by
virtueof通過
literature(n.)文獻numerous(adj.)大量的
otherthan除了…(還有)
somewhat(adv.)有點clinical(adj.)診療的
physician(n.)內(nèi)科醫(yī)生
psychologist(n.)心理醫(yī)生massmedia大眾媒體
acquaintance(n.)熟悉
第6題:
Themainideaofthefirstparagraphisthat.
A.generalizedprinciplesforjournalisticinterviewsarethechief
concernforwritersonjournalism
B.importanceshouldbeattachedtothesystematicstudyof
4
journalisticinterviewing
C.conceptsandcontextualimplicationsareofsecondaryimportance
tojournalisticinterviewing
D.personalexperiencesandgeneralimpressionsshouldbeexcluded
fromjournalisticinterviews
參考答案:B
答案解析:
這是一本書的序言,作者分析了人們對新聞采訪理論研究的忽視,強調(diào)人們應該
注重新聞采訪,尤其是電視采訪。第一段:新聞采訪工作不僅需要學習其具體
步驟,還要進行系統(tǒng)的理論研究。第二段:關(guān)于采訪的通用文獻很多,人們卻
不太關(guān)注新聞采訪本身。這其中有兩個原因:其一,人們對新聞采訪更了解而不
太熟悉其他形式的采訪。其二,我們對新聞采訪中聽眾的角色熟悉,卻不經(jīng)常上
電視親自接受采訪。本文作者認為應該深入了解新聞采訪。[B]推斷題。
根據(jù)第一段的大意,我們可以判斷[B]應該注重新聞采訪的系統(tǒng)研究是對的。[A]
從新聞采訪中概括出一些原理是新聞方面的作家主要關(guān)心的問題。這與目前的狀
況相反,因而錯誤。[C]概念和上下文含義對新聞采訪來說不重要。而作者在文
章后半部分推翻了此說法,因而也是錯誤的;[D]個人經(jīng)驗和大體印象不應該包
括在新聞采訪之內(nèi)。這點文中沒有提及。
第7題:
Muchresearchhasbeendoneoninterviewsingeneral.
A.sothetrainingofjournalistinterviewershaslikewisebeen
strengthened
B.thoughthestudyoftheinterviewingtechniqueshasn,treceivedmuch
attention
C.butjournalisticinterviewingasaspecificfieldhasunfortunately
beenneglected
D.andtherehasalsobeenadramaticgrowthinthestudyof
journalisticinterviewing
參考答案:C
答案解析:
[C]細節(jié)題。第二段的第一句和第四句都指出,關(guān)于采訪的通用文獻很多,人們
卻不太關(guān)注新聞采訪本身。因此[C]正確。[A]對新聞采訪者的培訓相應的增加了。
這點文章沒有提及;[B]中interviewing的前面應加上journalistic才對;[D]
錯在dramaticgrowth——詞。
第8題:
Westernerstarefamiliarwiththejournalisticinterview,.
A.butmostofthemwishtostayfromit
B.andmanyofthemhopetobeinterviewedsomeday
C.andmanyofthemwouldliketoacquireatrueunderstandingofit
D.butmostofthemmaynothavebeeninterviewedinperson
5
參考答案:D
答案解析:
[D]細節(jié)題。這句話的答案在第二段第十句:我們很少有人被媒體—特別是
電視——親自采訪過。[A]的意思為:我們大都希望避而遠之,與內(nèi)容不符。
第9題:
Whoistheintervieweeinaclinicalinterview?
A.Thepatient.
B.Thephysician.
C.Thejournalist.
D.Thepsychologist.
參考答案:A
答案解析:
[A]細節(jié)題。第二段的第八、九句話告訴我們,該句的interview是指醫(yī)生與病
人的談話,因此這里的interviewee是指病人。
第10題:
Thepassageismostlikelyapartof.
A.anewsarticle
B.aresearchreport
C.ajournalisticinterview
D.apreface
參考答案:D
答案解析:
[D]推斷題。這個答案在文章的最后一句話:雖然如此,要想達到對新聞采訪
—特別是電視采訪——的真正理解,需要深入分析,乃至研究,正如這本書
所說的那樣。這說明本文應是一篇序言。
Forthemajorityofproducers,however,neithermakingdirectcontact
withallpossibleconsumers,norestablishingtheirownchainofselling
pointswillbe[viable]options.Forthem,therequirementtousethe
facilitiesoftheexistingdistributionsystemtogettheirproducts
throughtotheultimateconsumerwhilekeepingthemaximumofprofitfor
themselves.Asageneralrule,theexistingmarket,canspreadits
overheadsoverthemultitudeofproductswhichithandlesandtherefore
shouldbeabletoprovidedistributionforanyoneproductmorecheaply
thanitwouldcosttoprovideuniqueservicesforthatproductalone.The
questionis,cantheexistingmarketprovidetheknow-hownecessaryto
getthisparticularproductthroughitspotentialconsumers,intermsof
understandingit,beingabletoexplainit,recommendingitorinstalling
itcorrectly?Inshort,howeverinexpensivethemarketsystemmaybe,is
6
itcosteffectiveforthepurpose?
Theanswerislikelytobethatveryfewproducerswillfind
themselvesabletomakeabsolutelyallthesalestheywanttomakedirectly
totheactualconsumersineverycase.Verymanyproducers,especially
ofgoodsfordomesticconsumption,willhavenodirectcontactwiththeir
publicatall:Thosewhocanadvantageouslydealdirectlywithsome
proportionoftheiruserswillneverthelessfinditworthwhiletousethe
markettoreachcertainotherclassesofuser,whoareeithertoosmall
ortoodistantortooundemandingtojustifycontactingdirectly.The
manufacturerofindustrialsupplieswilltypicallyselldirectlytohis
majorusercustomers,eachofwhomwilldemandpersonalattentionand,
nodoubt,thekeenestprices,whileprovidingavolumeofbusinessthat
justifiesthecost.Butthereisnearlyalwaysaninterestingvolumeof
additionalsalestobemadetosomeothersectorofusers,whichcannot
beobtainedeconomicallydirectly,butwhichtradedistributionis
adequatetosupply.Acrossthewholerangeofalternatives,nearlyevery
producerfindsitnecessarytomakesomeuseofthetradedistribution
system.
注釋
viable可行的option自由選擇
facility設備、便利multitude大批、大
群
overheads經(jīng)常性支出、管理費用install安置、安裝
consumption消耗、消費keen熱心的、渴望的
adequate足夠的、適當?shù)腶lternative選擇余地
第11題:
Thepassageismainlyabout.
A.thefactthatit'shardtoselldirectly
B.theadvantagesofthetradedistributionsystem
C.awayofdistribution
D.howtogetthemaximumofprofit
參考答案:c
答案解析:
C縱覽全文,可見本文介紹的是一種銷售方式“usingtheexisting
distributionsystems”,通過與其他方式做比較來說明其優(yōu)點,也是為了證明
這種銷售方式的可行性。因此C.awayofdistribution為正確答案。
第12題:
WhichisNOTthereasonthatproducerswhocandealdirectlywithsome
7
consumersstillusetheexistingdistributionsystem?
A.Othergroupsofcustomersaretoolargetocontactwithdirectly.
B.Therearemanycustomerswhoareusedtodoso.
C.Somecustomersaresoeasytosatisfythattheyr)eedn,ttobedealt
withdirectly.
D.Thatwillbringthemmoreprofit.
參考答案:A
答案解析:
A文中第二段有這樣一句話“Thosewhocanadvantageouslydealdirectlywith
someproportionoftheiruserswillneverthlessfinditworthwhiletouse
themarkettoreachcertainotherclassesofuser,whoareeithertoosmall
ortoodistantortooundemandingtojustifycontactingdrect.”選項B
與C的意思被包含在內(nèi),而D是顯然的。對于A中的原因,文中并未提到。
第13題:
Themostimportantadvantageofusingtheexistingdistributionsystem
isthat.
A.itcanreducethepriceoftheproducts.
B.itcoststheproducerslessthanusingotherways.
C.itcoversalargernumbertocustomers.
D.itmakestheconsumersunderstandtheproductsbetter.
參考答案:B
答案解析:
B根據(jù)第——段中“Asageneralrule,theexistingmarket...andtherefore
shouldbeabletoprovidedistributionforanyoneproductmorecheaply
thanitwouldcosttoprovideuniqueservicesforthatproductalone.”
及文中其他表述可知銷售成本低是這種方式的主要特點。A與D都是由成本低導
致的,而D是直接銷售的特點。
第14題:
Wecanguessthattheunderlinedword“viable“inthefirstparagraphmay
mean.
A.beneficial
B.necessary
C.useful
D.practical
參考答案:D
答案解析:
D本文主要講的是,由于種種原因,與消費者直接接觸以及建立自己的銷售鏈對
多數(shù)生產(chǎn)者來說不太現(xiàn)實,因此利用現(xiàn)有的銷售體系才成為較普遍的方式,所以
本題中選項Dpractical才是合適的答案,文中沒有討論哪種更為有用或獲利更
8
多的問題。
第15題:
Allofthefollowingstatementsaretrueexcept.
A.producersofdomesticconsumptionoftenusethefacilitiesofthe
existingdistributionsystem
B.usuallytheproducersofindustrialsupplieswillspendmoreon
distribution
C.thetradedistributionsystemisusefultosomeproducersbutis
unnecessarytoothers
D.theexistingmarketsystemmaybelessexpensive
參考答案:C
答案解析:
C從“verymanyproducers,especiallyofgoodsfordomesticconsumption,
willhavenodirectcontactwiththeirpublicatall.”可推出選項A的
結(jié)論。工業(yè)供應品的制造者由于主要采用向用戶直接銷售的方式,必然銷售成本
較高,因此B正確;D在原文中較明顯;由本文最后一句可否定選項C。
Manysystemscanbedeliberatelyfooled.AnewstudyfromYokohama
NationalUniversityinJapanshowsthatphonyfingersconcoctedfrom
gelatin(膠),calledugummydummies,“easilytrickfingerprintsystems.
Manufacturersofsomesystemsclaimtoguardagainstsuchtacticsby
recordingpupildilation(瞳孔擴張),bloodflowinfingers,andother
evidencethatthebiometricsampleis"live."Andalthoughsomemakers
assertthatbiometricssolvestheproblemofidentitytheft-noonecan
stealyouriris(虹月英)orhand,afterall-manyexpertsdisagree.Ahacker
whobrokeintoapoorlydesignedsystemmightbeabletostealother
people,sdigitalbiometrictemplatesandusethemtoaccesssecure
networks.Thistrick,called^replay,couldtakeidentitythefttoawhole
newlevel."Your,fingerprintisuniquelyyours,forever.Ifit's
compromised,youcan,tgetanewone,“saysJackieFenn,atechnology
analystattheGartnerGroup.
Privacyconcerns-althoughtheyseemlesspressingtomany
thesedays-mayalsoslowpublicacceptanceofthetechnology.Yetin
somecases,biometricscanactuallyenhanceprivacy.Afinger-scansystem
forcontrollingaccesstomedicalrecords,forexemple,wouldalsocollect
anaudittrailofpeoplewhoviewedthedata.Butfacescanning,withits
potentialforidentifyingpeoplewithouttheirknowledge,hasalarmed
privacyadvocates.
Lastmonth,forexample,VisionicsCorp,sface-scanningsystem
wasredeployedasananticrimemeasureinaTampa,Fla.,entertainment
district.DetectiveBillToddsaysthesystemhadbeentakendowntwo
monthsintoits12-monthtrialbecauseofabug(故障)intheoperating
9
system,butithasbeenupgradedandisnowbackinuse.The36-camera
systemiscontrolledbyanofficeratthestation,whocanpan,tilt,and
zoomthecamerastoscanfacesinthecrowdsothatthesoftwarecancompare
themwithfacesinadatabase.
WhileToddsaysthedatabasecontainsonlyphotographsofwanted
felons,runaways,andsexualpredators,policedepartmentpolicyallows
anyonewhohasacriminalrecordormightprovide“valuable
intelligence,“suchasgangmembers,tobeincluded.Sofar,according
toareportbytheAmericanCivilLibertiesUnion,thetechnologyhas
producedmanyfalsematchesandTodldconfirmsthatithasn,tidentified
anycriminals,“wehaveourlimitactions,saysFrancesZelazny,
spokespersonforVisionics."It'sanenhancementtolawenforcement,not
areplacement.”
Attimes,theprivacyproblemismorepeceptablethanreality.
TheLowerMerionschooldistrictnearPhiladelphiahadinstalledfinger
一scandevicesforschoollunchlines.Studentswouldplacetheirfingers
onapadtoverifytheiridentity,andmoneywouldbedeductedfromtheir
account.Theoptionalprogramwasinstitutedtomakelinesmovefaster,
andtospareembarrassmenttostudentsentitledtofreeordiscounted
meals.Buteventhoughthesystemdidnotcaptureafullfingerprintimage,
butratherastripped-downdigitalversion,someparentsfeltthatit
cameuncomfortablyclosetotraditionalfingerprinting.Afteraspateof
badpress,theprogramwaskilledlastyear.Fortyotherschooldistricts
stillusethesystem.
注釋
phony偽造的tilt使傾斜
gummy樹膠質(zhì)的zoom調(diào)整鏡頭使影像擴大
dummy人像模型,冒充貨felon罪犯
tactics策略predator掠奪者,食肉
動物
biometric生物測定學的gang一群(囚犯)一幫(歹徒)
template樣板,模板intelligence新聞,情報
compromise使遭受損害perception感覺,知覺
audit稽核,檢查pad墊狀物
trail痕跡,小徑optional非強制性的
upgrade改進,提高
第16題:
Thepassagemainlydealswith.
A.gummydummies
B.howtoidentifyaperson
10
C.theface-scanningsystems
D.theproblemsofbiometrics
參考答案:D
答案解析:
D本文第一段與最后一段主要講的是指紋檢測技術(shù)的問題,其他幾段講的是面孔
辨認系統(tǒng)的不完善之處,因此整篇文章講的是目前生物測定學中的問題。
第17題:
Whichofthefollowingisnottrueaccordingtothefirstparagraph?
A.Sometimesthefingerprintsystemscan,tdistinguishthe“gummy
dummies”andtherealfingers.
B.Biometricscan,tsolvetheproblemofidentitytheftaccordingto
someexperts.
C.Manyexpertsdisagreethatnoonecanstealyouririsorhand.
D.Abackermayeasilyuseother,sidentity.
參考答案:C
答案解析:
C選項A可以“phonyfingersconcoctedfromgelatin,called'gummydummies’,
easilytrickfingerprintsystems”看出。文中指出“noonecanstealyour
irisorhand”這是一個事實,而許多專家不同意的只是"biometricssolvesthe
problemofidentitytheft”,因此B正確,而選項C是錯誤的。
第18題:
“Thetechnologyinthesecondparagraphrefersto.
A.fingerprintsystems
B.biometrics
C.face-scanningsystems
D.gummydummies
參考答案:B
答案解析:
B第一段從指紋檢測系統(tǒng)入手,提出了生物測定學中的問題。而且在下一句中,
作者又接著說“Yetinsomecases,biometricscanactuallyenhanceprivacy
可見這里的“thetechnologyv就是指^biometrics.
第19題:
WhichofthefollowingexpressionsabouttheVisionicsCorp,sface-
scanningsystemisnottrue?
A.Ithasbeenimproved.
B.Thedatabaseofthesystemcontainsparagraphsofalimitedamount
ofpeople.
C.Ithasbeenwidelyusedinentertainmentdistricts.
11
D.Itcan,treplacethelawenforcement.
參考答案:C
答案解析:
C選項A、B、D都可以從文章第三,第四段找到或推出,文中表明這一系統(tǒng)只是
在試用期,因此C不正確。
第20題:
Byusingthefinger-scandevicesforschoollunchlines,.
A.theschoollunchlinescanmovefaster
B.Thosewhoneedn,tpayfortheirmealsnolongergetembarrassed
C.Someparentsfeeluncomfortableaboutthedevues
D.Thefingerprintimagesofthestudentsarerecorded
參考答案:D
答案解析:
D由最后一段中“Buteventhoughthesystemdidn,tcaptureafull
fingerprintimage,butratherastripped-downdigitalversion...“口J
知選項D是正確的。
Onebyone,economiesaroundtheworldarestumbling.Bycutting
interestratesagainthisweek-fortheseventhtimethisyear-the
FederalReservehopesitcankeepAmericaoutofrecession.Butinan
increasingnumberofeconomies,fromJapantoTaiwantoMexicoandBrazil,
GDPinalreadyshrinking.Globalindustrialproductionfellatanannual
rateof6percentinthefirsthalfof2001.Earlyestimatessuggestthat
grossworldproduct,asawhole,mayhavecontractedinthesecondquarter,
forpossiblythefirsttimeintwodecades.Welcometothefirstglobal
recessionofthe21stcentury.
Sofar,Americaitselfhasescapedatechnicalrecession,
definedastwoquartersoffalling
GDP.ButonAugust29revisedfiguresareexpectedtoshowthat
America'sGDPgrowthinthesecondquarterwasclosetozerooreven
negative,ratherthanthe0.7percentannualrateoriginallyannounced.
WithGDPgrowingwellbelowtrendforseveralquarters,profitstumbling
andunemploymentrising,itnowsmellshorriblylikearecession.
Earlierthisyear,when[Americafirstsneezed,]theEuropean
CentralBank(alongwithmostprivate-sectoreconomists)arguedthatthe
euroareawasinsulatedfromAmerica,sslowdownandhadlittletoworry
about.Thisseemstohavebeenwrong.InGermanytherearefearsabout
recessionasbusinessinvestmentandretailsalestumble.Recentfigures
confirmedthatGermany,sGDPstagnatedinthesecondquarter.Italy,sGDP
fellinthesecondquarter,andalthoughgrowthhasheldupbetterin
FranceandSpain,thegrowthintheeuroareaasawholewasclosetozero
12
inthequarter.Nobodyisforecastinganactualrecessionintheeuroarea
thisyear,butitisnolongerexpectedtoprovideanengineforworld
growth.
AsforJapan,itisprobablyalreadyinrecession.Japan'sGDP
grewslightlyinthefirstquarter.GoldmanSachsreckonsthatfigures
couldshowthatGDPfellatanannualrateofasmuchas6percentinthe
secondquarter,andthecontractionhasalmostcertainlycontinuedinto
thesecondhalfoftheyear.Persistentdeflationcontinuestobeasevere
problem.ArevisedmeasureofJapan,sconsumerpriceindex,tobe
publishedsoon,islikelytoshowthatdeflationisworsethanwhathad
beenthought.BankofJapananno
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