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TEXT E
First read the question.
31. The primary purpose of the letter is to ___.
A. illustrate the World Bank's efforts in poverty-relief programmes
B. call for further efforts by nations in sustainable development
C. provide evidence for the World Bank's aid to the private sectors
D. clear up some misunderstanding about the World Bank
Now go through TEXT E quickly to answer question 31.
August 18th 199
Dear Sir,
In your July 28th article you noted that the Bank's own internal analysis r ated one third of the projects completed in 1991 as unsatisfactory. But that sta tement fails to take account of the Bank's criteria for 'success', which are exc eptionally strict. For instance, before a project can be considered successful, it must have at least a 10% rate of return. This rate is far higher than the min imum demanded by many bilateral aid donors, many of which require a return of on ly 5% or 6%. Thus, projects rated unsatisfactory under the Bank's standards sti ll yield many benefits.
You imply that, because it deals mainly with governments, the Bank does not sufficiently support private sector development. Here are the facts. The World
Bank has:
supported reforms in mere than 80 countries aimed at opening up trade, making p rices realistic and dismantling state monopolies which stifle individual enterpr ise nvested in infrastructure to facilitate business activity; assisted and advised over 200 privatization-related operations involving nearly US $ 25 billion in loans; provided mere than US $ 12 billion through an affiliate, the International Fina nce Corp. over the last 30 years to mere than 1,000 private companies in the dev eloping world; and through another affiliate, the Multi lateral Investment Guara ntee Agency, offered insurance against non-commercial risk to encourage foreign investment in poor countries.
The record shows that, over the past generation, more progress has been mad e in reducing poverty and raising living standards than during any other compara ble period in history. In the developing countries: life expectancy has been increased from 40 to 63 years; infant mortality has been reduced by 50% ;and per capita income has doubled.
The World Bank consistently stresses that most of the credit for these adva nces should go to the countries themselves. Nevertheless, the Bank and organizat ions with which it collaborates-bilateral and international agencies and non-gov ernmental organizations-have played a valuable role in this progress. In the fut ure the Bank will continue to do its utmost to support its member countries in t heir efforts to achieve sustainable development.
(LEANDRO V. CORONEL
Public Affairs
The Worm Bank
Washington)
TEXT F
First read the question.
32. The author's main argument is that ___.
A. most farmers in developing countries face unemployment
B. developing countries need agricultural aid to boost economy
C. agricultural aid hints the economy in developing countries
D. a well-developed agricultural sector provides a domestic market
Now go through TEXT F quickly to answer question 32.
Ours is an agrarian economy. We must become serf-sufficient in food to feed a rapidly growing population at an annual growth rate of more than 3 million pe ople. A well-developed agricultural sector would offset the need for food import and play an important role in the development process by providing a home marke t for the products of the industrial sector. This implies that the rate of indus trialization itself depends upon how fast agricultural incomes are rising. Devel opment in the agricultural sector in our country means a rise in the income leve l of 70 percent of the population who are related to this sector. Their increase d income in turn will give us mere voluntary savings and investment and thus a s ource of revenue through taxation and potential capital formation by the governm ent plus reduction in income inequalities between the urban population and rural masses. In this sense, aid received in the form of agricultural commodities hur ts the developing countries and benefits developed countries mere than proportio nately. Because most of the farmers in developing countries are already at a mer e subsistence level with a high rate of unemployment, disguised-unemployment and underemployment.
The Chinese experience with rural development has demonstrated that agricu ltural modernization via labour-intensive techniques is a highly promising way t o create extra jobs without extensive geographic displacement of the farmers. Re garding the impact of transfer of agricultural commodities on the long-term grow th rate in the recipient country, it can be said that transfer of agricultural c ommodities under confessional terms may resuit in an ultimate lowering of the re cipient countries long-term growth rate.
TEXT G
First read the question.
33. The passage is most probably from ___.
A. a review of a book on cowboys
B. a study of cowboy work culture
C. a novel about cowboy life and culture
D. a school textbook on the cowboy history
Now go through TEXT G quickly to answer question 33.
A cowboy is defined by the work that he does. Any man can lay claim to that name if he lives on a ranch and works—— drives, brands, castrates, or murmurs ——a cattleman's herd. In addition, working accounts for ways in which cowboy s portray themselves in their art: in 19th-century poems that they orally compose d and sang on the ranch, in 20th-century poems that they write, in books that th ey publish, and in art objects that they fashion, cowboys always represent thems elves as engaging in some form of labour. This book's three fold purpose is, fi r st, to look at art that cowboys produce——art, that has never been studied befo re——and, second, to demonstrate that cowboy art values historically document l abour routines that cowboys have traditionally acted out in their work culture.
I use the term work culture not only to suggest that cowboys are defined b y the work that they do, but also to argue that they are serf-represented in cul ture by poems, prose, and art that ail reveal cowboys to be men who are cultural ly unified by engaging in labour routines that they think of as cowboy work. Art deals with cowboy work, as well as with concerns about economics, gender, relig ion, and literature, even though these thoughts sometimes express themselves as concerns about cattle branding, livestock castration, and other tasks. The book ' s third and most important function is, therefore, to show that artistic self-re presentations of labour also formulate systems of thought which cowboys use as a metaphor for discussing economies, gender, religion, and literature, sometimes equating branding with religious salvation, at other t imes defining spur making as freedom, and so on.
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