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Words and word combinations you may need. branchn — отрасль экономики fiscal policy- бюджетно-налоговая
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| extraction ц — добыча (минерального сырья) processing n — переработки manufacturing sector— обрабатывающий сектор distribution n — распределение, дистрибуции catering n — общественное питание advanced industrialised countries —npo-мышленн О -развитые страны |
branch n — отрасль экономики fiscal policy - бюджетно-налоговая
политика monetary policy — кредитно-денежная
политика
Supply n - предложение supply of money and credit — денежная
масса в обращении и предложение
кредитных средств primary sector — первичный сектор deal with - иметь дело с
Ex. 29. Think of adjectives which are frequently used with the following words:
enterprise, sector of economy, programme, finances, business, policy
Ex. 30. Form verbs from Hie following words and translate them into Russian.
employment; govemment; privatisalion; decision; growth; manufacturing; investment; tax; extraction; production; transportation; distribution; supply
Ex. 31. Match the infinitives in A with the nouns in B.
| A to produce to privatise to play to take to create to provide to raise to process |
В
an enterprise a climate raw materials assistance productivity goods a decision a role
Ex. 32. a) Read the interview wilh a Russian economist published in one of the specialist journals, b) Sum up his assessment of the economic situation in Russia.
Interview with the Economist
Foreigner: How did your economy fare last year? '
Russian: Last year was one of the best for Russia. GUP grew at a reasonable
pace, then we harvested a record crop.
F.: I think it was due to very favourable weather conditions. What factors resulted in it in your opinion? R.: Undoubtedly, the weather conditions affected the crop. But I think that
investment and reforms in agriculture started to pay back. F.: And how do you assess the manufacturing sector, your industry? R.: Industrial production went up in some branches, though the real sector
still needs more investment if we want it to develop faster. F.: If you want foreigners to invest you must give them guarantees of law and
order in the country, create a more favourable business climate. R.: I can't agree more. Last year a lot of laws were passed to this effect. Suffice
it to mention our tax system, it was simplified. F.: 1 see. Considerable progress was made in your country last year. Besides,
as far as I know the living standards improved. R.: Yes, pensions were increased, salaries of state employees were raised too.
Demand for consumer goods increased.
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