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Asian Economic Crisis

The economies of the Asia-Pacific region until 1997 seemed to be rushing towards prosperity on par with the US and Europe. But in July 1997, the currencies of Thailand and Indonesia collapsed, followed by recessions throughout East Asia. The 'Asian Miracle' countries were characterized by limited democracy (usually one-party) in open economies (albeit via political insiders). The current situation is:

Japan: In slump since 1990 and in recession since June 1998; Japan outlined an Emergency Economic Package in Nov. 1998.

Indonesia: President Suharto resigned after 1998 riots in which 1,200 were killed; elections promised for 1999.

East Timor: Indonesia invaded East Timor in 1975 shortly after Portugal granted it independence. This island of 800,000 people (to Indonesia's 200 million) voted 80% for independence in August 1999. In September, Pres. Habibie invited in an Australian-led, UN-sponsored force of 7,000, including US support groups but no troops, to stop a massacre by the Indonesian army.

China: Holding the line on devaluing its currency is credited with stopping total Asian economic collapse. China's economy has been growing by 8-10% annually in recent years, by far the world's fastest growth. They maintain a partially open economy with a Communist government.

Asian Tigers: Singapore, Hong Kong, South Korea, and Taiwan all suffered minor recessions and are currently recovering.

ASEAN: Malaysia, the Philippines, Brunei, and Thailand were economically weaker than the more developed 'Tigers,' and suffered accordingly. Nevertheless, ASEAN admitted 4 new members (Vietnam, Cambodia, Myanmar, and Laos), which may open and democratize those countries.

Материалы для текущего контроля test

1. ..... Caviar in the fridge. A . There isn’t no B . There is any C . There isn’t any D . There aren’t no

2. He goes to his guitar lessons.... A . by underground B . on underground C . with underground D . in underground

3. George..... fly to Stockholm tomorrow. A . to going B . goes to C . is going to D . go to

4. Choose the correct sentence (Выберите правильное предложение) A . Give the Sarah book B . Give the book to Sarah. C . Give to Sarah the book. D . Give the book at Sarah.

5. The party was a disaster. There ..... there! A . wasn’t nobody B . was anybody C . was nobody D . was somebody

6. Have you...? A . got any friends in Barcelona B . not got no friends in Barcelona C . in Barcelona any friends D . friends in Barcelona got

7. She has her German classes …… A . in Tuesday mornings B . at Tuesday mornings C . by Tuesday mornings D . on Tuesday mornings

8. Which pen do you want? A . A one blue B . One blue C . One D . The blue one.

9. They …….. time for lunch A . hadn’t B . didn't have C . didn’t have got D . had not

10. Choose the correct sentence (Выберите правильное предложение) A . Pass the salt to Tom B . Pass the Tom a salt. C . Pass the salt at Tom D . Pass to Tom the salt.

11. He says he's been robbed. He can't find his wallet............ A . not anywhere. B . nowhere. C . anywhere. D . somewhere.

12. I haven’t got …… A . no money B . money C . any money D . some money

13. He goes to work..... A . by taxi B . on taxi C . with taxi D . in taxi

14. John is the manager, you need to speak to ….. A . it B . him C . her D . them

15. Mark ..... fly to London tomorrow. A . to going B . goes to C . is going to D . go to

16. We'll never get to the airport! There is ..... time! A . few. B . too little C . too much little. D . too few.

17. He works for the Bank, .....? A . doesn’t he? B . does he? C . isn’t he? D . didn’t he?

18. Choose the correct sentence (Выберите правильное предложение) A . I told her what she finished the exercise . B . I told her to finish the exercise. C . I told she finish the exercise. D . I told her that she finish the exercise.

19. Have you finished the shopping ..… ? A . already B . still C . now D . yet

20. She can't escape the fire There is ..... time! A . much few. B . too much little C . too little. D . too few.

21. We've been living in the new house...just over a year ago. A . at B . ______ C . for D . since

22. That can't be Albert! I............. A . have just seen him B . am just seen him. C . just see him. D . was just seen him.

23. You live upstairs from me,.......... A . do you? B . are you? C . don't you? D . didn’t you?

24. If I didn't have to work, I …….. the beach. A . will move to B . have moved to C . would move to D . would have moved to

25. Tom ..... Elizabeth to go to the hospital A . told B . said C . saying to D . telling to

26. They weren’t invited to the party, and nor .... I. A . weren’t B . was C . were D . wasn't

27. My friends asked me to go to the cinema, But I said that I …the movie. A . had already been B . had already saw C . had already seen D . already saw

28. Don’t start ..... A . to shouting! B . shouting! C . shout! D . in shouting!

29. Peter is ..... Jane to do it at this very moment A . telling B . saying C . saying to D . telling to

30. “..... have you been waiting?” A . How long B . How long time C . What time D . For how long

31. I'm catching an early flight tomorrow, so I....drink too much champagne! A . needn't B . haven’t C . mustn't D . have had to

32. The good looking man ..... by the door is my boyfriend. A . whose B . standing C . is standing D . stands

33. I'll never forget..... Rosa win the Eurovision A . see B . to see C . seeing D . seen

34. The letter ..... yesterday, but I don't know for sure. A . may arrive B . might arrived C . should arrive D . may have arrived

35. We ..... better study more if we want to pass the exam A . would B . should C . had D . ought

36. That's the woman ..... I saw stealing the handbag! A . whom B . _____ C . what D . whose

37. If you get bored, call me ..... you like, and we can go for a drink. A . whenever B . soon C . always D . whatever

38. After his girlfriend left him, his boss was the .......of his worries A . less B . least C . fewer D . last

39. I thought you ..... A . were going to have lunch with us. B . go to have lunch with us C . will to have lunch with us. D . have gone to have lunch with us.

40. She ..... go to the dentist’s yesterday. A . must B . had to C . ought to D . must to

41. The man ..... in the corner is my boss. A . whose B . sitting C . is sitting D . sits

42. When you come back, don’t forget ..... The post. A . pick up B . picking up C . to pick up D . to picking up

43. You look tired. You ..... go to bed. A . need B . have C . should have D . ought to

44. I wouldn't do that if I ....you. A . am B . have been C . were D . would be

45. This is the cat ..... I saw. A . whom B . _____ C . what D . who

46. I ..... working at night nowadays. A . used to B . used C . am used to D . would

47. He was spending money …….. rich ! A . as if B . as if he were C . like D . as

48. It's a pity you didn't come to the Exhibition. You .... It. A . would like B . had liked C . would have liked D . will like

49. Don’t forget ..... those letters. A . to post B . posting C . to posting D . post

50. I'm sorry for his bad behavior. He ......have apologised A . must B . may C . would D . should

51. Choose the correct sentence (Выберите правильное предложение) A . The brown fox quick jumped over the dog lazy. B . The brown quick fox jumped over the lazy dog. C . The fox quick and brown jumped over the lazy dog. D . The quick brown fox jumped over the lazy dog.

52. He wrote the program …… .He really is very clever. A . by his own B . on his own C . on himself D . by his ownership

53. What an amazing holiday! We should have done this... A . years back B . for years C . since years D . in years

54. By this time tomorrow I ….. my tooth out, and no more pain!. A . will have B . will have had C . are having D . will had had

55. It would be lovely to go to Japan, but.................thinking we can A . There is no use B . It is no point C . It is no use D . It is usefulness

56. It was so nice seeing Simon again! We should have called him... A . months back B . for months C . since months D . in months

57. Choose the correct sentence (Выберите правильное предложение) A . Ask her when will be ready the food. B . Ask her when will be the food ready. C . Ask her when the food will be ready. D . Ask her when will the food ready be.

58. I couldn’t mend the PC myself, so I ..... at a shop. A . had it mended B . had it mend C . did it mend D . had mended

59. Let’s go to the theatre, …… A . don’t we? B . let us? C . shall we? D . will we?

60. By this time tomorrow we ….. the meeting. A . will have B . will have had C . are having D . will had had