From VOA Learning English,
this is the Economics Report.
A new United Nations report says
the world's poorest countries
should rethink their economic policies,
because they are failing
to create jobs for their citizens.
The U.N. Conference on Trade and Development
is warning that current policies
will not do a lot to reduce poverty,
because so few jobs are being created.
The U.N. report warns of social unrest
and growing numbers of emigrants
if the employment situation in these countries
does not improved.
Taffere Tesfachew is with the U.N. Conference
on Trade and Development.
He says a new way of thinking is needed.
He says no one questions
the need for economic growth.
But that growth needs to create jobs.
"We are not questioning growth
and growth matters very much,
it is absolutely critical.
Nobody is changing their views on the need for growth.
But I think the question is
- perhaps there is a way you grow and create employment,
and there is a way you grow you do not create employment.
The policies followed by many least developed countries
and those especially which did not create employment
while there is a need to create employment."
The World Bank and International Monetary Fund
have called for economic stability
and liberalization policies
for poor and undeveloped countries.
But this policies have failed to create many jobs,
even during the period of economic expansion
from 2002 to 2008.
During that period,
many least developed countries grew each year
at a rate of eight percent or more.
The United Nations has identified
49 "least developed countries."
Thirty-four are in African,
there are nine others in Asia,
five in the Pacific and one in the Caribbean.
Almost all of these countries face rising numbers
of men and women entering the labor market.
By 2050, the number of young people seeking jobs
is expected to rise to 300 million.
Taffere Tesfachew says countries should
invest in labor-intensive industries
such as manufacturing to create jobs
for the millions of unemployed.
"We really believe that infrastructural transformation,
countries that are moving,
jumping from agriculture to services,
bypassing manufacturing,
I think they will have a problem.
The manufacturing sector, the industrial sector,
particularly manufacturing,
is I think critical for countries with large population."
In the U.N. report, a country was considered
a least developed when personal income
is below $992 on a three-year average.
The report also considered
the economic problems each nation faced
and its rating on the Human Assets Index.
The Index measures issues like health,
nutrition, school enrollment and literacy rates.
And that's the Economics Report from VOA Learning English.
🎵
LRC歌词版本
[00:00.10]From VOA Learning English,
[00:02.19]this is the Economics Report.
[00:05.44]A new United Nations report says
[00:09.24]the world's poorest countries
[00:11.21]should rethink their economic policies,
[00:14.31]because they are failing
[00:16.26]to create jobs for their citizens.
[00:19.87]The U.N. Conference on Trade and Development
[00:24.08]is warning that current policies
[00:26.64]will not do a lot to reduce poverty,
[00:30.34]because so few jobs are being created.
[00:33.50]The U.N. report warns of social unrest
[00:38.30]and growing numbers of emigrants
[00:40.95]if the employment situation in these countries
[00:44.35]does not improved.
[00:46.50]Taffere Tesfachew is with the U.N. Conference
[00:51.11]on Trade and Development.
[00:52.91]He says a new way of thinking is needed.
[00:56.21]He says no one questions
[00:58.86]the need for economic growth.
[01:01.42]But that growth needs to create jobs.
[01:05.47]"We are not questioning growth
[01:07.38]and growth matters very much,
[01:08.88]it is absolutely critical.
[01:10.39]Nobody is changing their views on the need for growth.
[01:13.49]But I think the question is
[01:14.88]- perhaps there is a way you grow and create employment,
[01:19.64]and there is a way you grow you do not create employment.
[01:22.14]The policies followed by many least developed countries
[01:26.80]and those especially which did not create employment
[01:31.01]while there is a need to create employment."
[01:33.17]The World Bank and International Monetary Fund
[01:36.83]have called for economic stability
[01:39.54]and liberalization policies
[01:41.85]for poor and undeveloped countries.
[01:45.35]But this policies have failed to create many jobs,
[01:49.41]even during the period of economic expansion
[01:52.67]from 2002 to 2008.
[01:56.99]During that period,
[01:59.37]many least developed countries grew each year
[02:03.48]at a rate of eight percent or more.
[02:06.19]The United Nations has identified
[02:10.34]49 "least developed countries."
[02:13.40]Thirty-four are in African,
[02:16.60]there are nine others in Asia,
[02:19.80]five in the Pacific and one in the Caribbean.
[02:24.61]Almost all of these countries face rising numbers
[02:29.40]of men and women entering the labor market.
[02:32.81]By 2050, the number of young people seeking jobs
[02:37.60]is expected to rise to 300 million.
[02:42.06]Taffere Tesfachew says countries should
[02:46.46]invest in labor-intensive industries
[02:49.07]such as manufacturing to create jobs
[02:52.67]for the millions of unemployed.
[02:55.48]"We really believe that infrastructural transformation,
[02:58.58]countries that are moving,
[03:00.64]jumping from agriculture to services,
[03:04.04]bypassing manufacturing,
[03:05.65]I think they will have a problem.
[03:08.20]The manufacturing sector, the industrial sector,
[03:11.70]particularly manufacturing,
[03:12.91]is I think critical for countries with large population."
[03:16.16]In the U.N. report, a country was considered
[03:21.39]a least developed when personal income
[03:24.64]is below $992 on a three-year average.
[03:29.80]The report also considered
[03:32.75]the economic problems each nation faced
[03:35.51]and its rating on the Human Assets Index.
[03:40.01]The Index measures issues like health,
[03:44.21]nutrition, school enrollment and literacy rates.
[03:49.81]And that's the Economics Report from VOA Learning English.
📝
纯歌词版本
From VOA Learning English,
this is the Economics Report.
A new United Nations report says
the world's poorest countries
should rethink their economic policies,
because they are failing
to create jobs for their citizens.
The U.N. Conference on Trade and Development
is warning that current policies
will not do a lot to reduce poverty,
because so few jobs are being created.
The U.N. report warns of social unrest
and growing numbers of emigrants
if the employment situation in these countries
does not improved.
Taffere Tesfachew is with the U.N. Conference
on Trade and Development.
He says a new way of thinking is needed.
He says no one questions
the need for economic growth.
But that growth needs to create jobs.
"We are not questioning growth
and growth matters very much,
it is absolutely critical.
Nobody is changing their views on the need for growth.
But I think the question is
- perhaps there is a way you grow and create employment,
and there is a way you grow you do not create employment.
The policies followed by many least developed countries
and those especially which did not create employment
while there is a need to create employment."
The World Bank and International Monetary Fund
have called for economic stability
and liberalization policies
for poor and undeveloped countries.
But this policies have failed to create many jobs,
even during the period of economic expansion
from 2002 to 2008.
During that period,
many least developed countries grew each year
at a rate of eight percent or more.
The United Nations has identified
49 "least developed countries."
Thirty-four are in African,
there are nine others in Asia,
five in the Pacific and one in the Caribbean.
Almost all of these countries face rising numbers
of men and women entering the labor market.
By 2050, the number of young people seeking jobs
is expected to rise to 300 million.
Taffere Tesfachew says countries should
invest in labor-intensive industries
such as manufacturing to create jobs
for the millions of unemployed.
"We really believe that infrastructural transformation,
countries that are moving,
jumping from agriculture to services,
bypassing manufacturing,
I think they will have a problem.
The manufacturing sector, the industrial sector,
particularly manufacturing,
is I think critical for countries with large population."
In the U.N. report, a country was considered
a least developed when personal income
is below $992 on a three-year average.
The report also considered
the economic problems each nation faced
and its rating on the Human Assets Index.
The Index measures issues like health,
nutrition, school enrollment and literacy rates.
And that's the Economics Report from VOA Learning English.
🎵
LRC歌词版本
[00:00.10]From VOA Learning English,
[00:02.19]this is the Economics Report.
[00:05.44]A new United Nations report says
[00:09.24]the world's poorest countries
[00:11.21]should rethink their economic policies,
[00:14.31]because they are failing
[00:16.26]to create jobs for their citizens.
[00:19.87]The U.N. Conference on Trade and Development
[00:24.08]is warning that current policies
[00:26.64]will not do a lot to reduce poverty,
[00:30.34]because so few jobs are being created.
[00:33.50]The U.N. report warns of social unrest
[00:38.30]and growing numbers of emigrants
[00:40.95]if the employment situation in these countries
[00:44.35]does not improved.
[00:46.50]Taffere Tesfachew is with the U.N. Conference
[00:51.11]on Trade and Development.
[00:52.91]He says a new way of thinking is needed.
[00:56.21]He says no one questions
[00:58.86]the need for economic growth.
[01:01.42]But that growth needs to create jobs.
[01:05.47]"We are not questioning growth
[01:07.38]and growth matters very much,
[01:08.88]it is absolutely critical.
[01:10.39]Nobody is changing their views on the need for growth.
[01:13.49]But I think the question is
[01:14.88]- perhaps there is a way you grow and create employment,
[01:19.64]and there is a way you grow you do not create employment.
[01:22.14]The policies followed by many least developed countries
[01:26.80]and those especially which did not create employment
[01:31.01]while there is a need to create employment."
[01:33.17]The World Bank and International Monetary Fund
[01:36.83]have called for economic stability
[01:39.54]and liberalization policies
[01:41.85]for poor and undeveloped countries.
[01:45.35]But this policies have failed to create many jobs,
[01:49.41]even during the period of economic expansion
[01:52.67]from 2002 to 2008.
[01:56.99]During that period,
[01:59.37]many least developed countries grew each year
[02:03.48]at a rate of eight percent or more.
[02:06.19]The United Nations has identified
[02:10.34]49 "least developed countries."
[02:13.40]Thirty-four are in African,
[02:16.60]there are nine others in Asia,
[02:19.80]five in the Pacific and one in the Caribbean.
[02:24.61]Almost all of these countries face rising numbers
[02:29.40]of men and women entering the labor market.
[02:32.81]By 2050, the number of young people seeking jobs
[02:37.60]is expected to rise to 300 million.
[02:42.06]Taffere Tesfachew says countries should
[02:46.46]invest in labor-intensive industries
[02:49.07]such as manufacturing to create jobs
[02:52.67]for the millions of unemployed.
[02:55.48]"We really believe that infrastructural transformation,
[02:58.58]countries that are moving,
[03:00.64]jumping from agriculture to services,
[03:04.04]bypassing manufacturing,
[03:05.65]I think they will have a problem.
[03:08.20]The manufacturing sector, the industrial sector,
[03:11.70]particularly manufacturing,
[03:12.91]is I think critical for countries with large population."
[03:16.16]In the U.N. report, a country was considered
[03:21.39]a least developed when personal income
[03:24.64]is below $992 on a three-year average.
[03:29.80]The report also considered
[03:32.75]the economic problems each nation faced
[03:35.51]and its rating on the Human Assets Index.
[03:40.01]The Index measures issues like health,
[03:44.21]nutrition, school enrollment and literacy rates.
[03:49.81]And that's the Economics Report from VOA Learning English.