- •Часть I. "Современные тенденции в мировой экономике.
- •Предисловие
- •1.2. Read the following article and then
- •Who are the champions?
- •Europe's pride
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.8. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •1.2. Read the following article and then
- •1. European companies face competition from new directions;
- •Tomorrow the world
- •Necessarily global
- •When dancing elephants trip up
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.9. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •4.5. Analyse:
- •V. Writing.
- •5.2. Write your comments on the following passage from the text:
- •1.2. Read the following article and then
- •Home and abroad
- •What's new?
- •Beautifully simple
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type.
- •2.8. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •V. Writing.
- •1.2. Read the following article and then
- •The gain in Spain
- •II. Vocabulary.
- •2.1. Give Russian equivalents for the following terms and expressions all found in the article above.
- •2.2. Give English equivalents (all found in the text above) for the following Russian terms.
- •2.3. In the text, find terms corresponding to the following definitions.
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.8. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •V. Writing.
- •5.2. Write your comments on the following:
- •1.2. Read the following article and then
- •In the steps of Adidas
- •A model to aspire to
- •Agony in Italy
- •II. Vocabulary
- •2.1. Give Russian equivalents for the following terms and expressions all found in the article above.
- •2.2. Give English equivalents (all found in the text above) for the following Russian words and expressions.
- •2.3. In the text, find terms corresponding to the following definitions.
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.8. Translate into English.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •4.4. Consider
- •V. Writing.
- •5.2. Write your comments on the following:
- •1.2. Read the following article and then
- •The chic and the cheerless
- •Trumped by foreigners
- •Soft underbelly
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.7. A) Say how you understand the following sentences from the text, pay special attention to the words and expressions in bold type. Reproduce the context each of the sentences is used in.
- •2.8. Translate into English, using the key vocabulary of the text.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •Not what it was
- •It's all coming together
- •A new way of doing business
- •II. Vocabulary.
- •2.1. Give Russian equivalents for the following terms and expressions all found in the article above.
- •2.2. Give English equivalents (all found in the text above) for the following Russian words and expressions.
- •2.3. In the text, find terms corresponding to the following definitions.
- •2.4. Explain the meanings of the following notions, draw examples to illustrate their usage.
- •2.8. Translate into English.
- •III. Back to the text.
- •3.1. Answer these questions using the active vocabulary of the Unit.
- •1. Read the text below to prove the following: "The car may be German, but its innards are nearly all from eastern Europe". Driving east
- •Case Study 2
- •1. Read the following article and then explain its title. The tortuous tale of Telecom Italia
- •Revolution, of sorts
- •1. Read the following article and then say what Mediterranean countries the article focuses on.
- •Investment in the Mediterranean The Med’s moment comes
- •Follow the money
- •Med revival
- •1. Read the following article and then prove that France’s negative attitude to older workers creates a business opportunity.
- •Jobs for the old
- •1. Read the following article and then provide details to explain its title.
- •Breaking up is hard to do But there are big rewards for firms that get it right
- •Timing is everything
- •1. Read the following article and then explain its title. Crisis? What crisis?
- •1. European business:
- •2. European small and medium-sized business:
- •3. Europe vs America:
- •4. Germany as a core European economy:
- •5. Models and strategies
- •Appendix
- •1. Templates for Introducing What "They Say"
- •2. Templates for Introducing "Standard Views"
- •7. Templates for Explaining Quotations
- •8. Templates for Disagreeing, with Reasons
- •9. Templates for Agreeing
- •10. Templates for Agreeing and Disagreeing Simultaneously
- •11. Templates for Signaling Who is Saying What in Your Own Writing
- •12. Templates for Embedding Voice Markers.
- •13. Templates for Making Concessions while Still Standing Your Ground
- •14. Templates for Indicating Who Cares
- •15. Templates for Establishing Why Your Claims Matter
- •16. Templates for Introducing Metacommentary
Not what it was
European business has improved out of recognition
WHAT with accounting scandals at Ahold and Parmalat, bribery allegations against Siemens, corruption at Mercedes, Brazilian prostitutes laid on for a Volkswagen board member and a legal challenge to a pay-off bonus at Mannesmann, European business has been having a torrid time lately. Now a criminal investigation has been launched into alleged insider share dealing at a sensitive time at EADS last spring. Meanwhile protectionism has blocked cross-border takeovers, and labour-market reforms in France and Germany have stalled.
But at the same time European business and finance has seen huge changes for the better. Europe's strength in financial services is evident not just in the City of London, which since the Big Bang liberalisation of British finance 20 years ago has expanded into the old docklands area of Canary Wharf to accommodate the flood of foreign banks that have poured into London. Strong contenders are beginning to emerge in continental Europe too. Retail banking is still too fragmented along national lines, but rationalisation in insurance has created global outfits such as France's AXA, Germany's Allianz and Italy's Generali.
Compared with America, Europe is doing very well in many service industries. Nokia, Sony Ericsson, Vodafone and Telefonica are global forces in mobile telephony. Europe's airlines make money whereas America's stagger in and out of bankruptcy. At least two failing European flag-carriers, Sabena and Swissair, were allowed to go irrevocably bust, and Air France and KLM have successfully merged. British Airways, one of the world's most profitable airlines, has a market capitalisation one and a half times that of American Airlines, the world's biggest carrier by number of passengers. EasyJet and Ryanair, two low-cost airlines, took an American business model and made it fly, and about 50 start-ups are trying to do the same. European logistics and freight giants such as DHL, TNT and Kuehne + Nagel are challenging America's Fedex and UPS.
At the same time Europe is becoming ever more integrated into the global economy, with emerging countries such as Brazil and India adding to the inward investment into the continent that has traditionally come from America and Japan. Next it will be the Chinese investing in Europe as they set up distribution and marketing networks for their own products.
European manufacturing companies too have begun to overhaul themselves. In addition to the radical reshaping at companies such as Philips and Siemens, the car industry has recast itself from a regional into a global mould, led by BMW, Mercedes and Audi. Renault became global through its partnership with Nissan and might yet be the saviour of Ford. Volkswagen is a leader in the Chinese market. Japanese and South Korean investment in Europe is forcing local firms to match the incomers' productivity and quality. Katsuaki Watanabe, chief executive of Toyota, the world's best car company, has acknowledged that even his firm has to try harder to keep up with these new rivals. It is globalisation in action.