下面为大家整理一篇优秀的essay代写范文- Britain under the European debt crisis,供大家参考学习,这篇论文讨论了欧债危机下的英国。欧债危机下,欧元区危机已深度殃及英国经济。虽然英国未加入欧元区,但欧元区乃是英国最大的贸易伙伴,危机的深化使得英国经济增长风险显著增加。在英国对非欧元区出口也在下降的情况下,英国经济很可能因此陷入衰退,出现二次探底。
The UK government has vowed to abandon the pretence of national security or reciprocal openness, "not all, but where", and to enlist foreign sovereign funds in its infrastructure plans to drive growth. It has been two years since the outbreak of the European debt crisis, but it is still escalating. During the crisis, Britain has been a misfit, repeatedly saying it would not intervene on a large scale in the eurozone rescue operation. At an eu summit in December, Mr Cameron used his veto to block the treaty. At the annual meeting in davos in January, prime minister David Cameron went even further, publicly slamming euro zone leaders for being slow to act, leading to a deepening crisis and unmanageable situation. As for Britain's "hands-off" attitude, many friends are wondering: can the English channel really insulate the British Isles from the eurozone crisis?
Indeed, Mr Cameron's government seems to understand that the euro zone crisis has hit the British economy hard. Although Britain is not a member of the euro zone, the euro zone is Britain's largest trading partner, and 40% of Britain's exports go to the euro zone countries. The deepening of the crisis has significantly increased the risk of Britain's economic growth. Britain's economy shrank by 0.2% in the fourth quarter of 2011, according to figures released by the office for national statistics on January 25th. Britain's unemployment rate rose to 8.4%, with the number of unemployed rising by 118,000, the highest in 16 years. With Britain's exports to the rest of the euro zone also falling, the economy is likely to fall into recession and double dip.
It is well known that the UK has a long history of a parliamentary system and has long played an important role on the world stage. During this period, the political elites and the bureaucratic class have been thoroughly tempered for hundreds of years, and the distinct "conservative and pragmatic" British wisdom has been nurtured and inherited. In the face of the euro zone crisis, Cameron's government did not simply choose to participate in the rescue, which may seem callous to the world, but actually it is the consistent wisdom adopted by the British government after seeing through the unresolved nature of the euro zone's problems. At the turn of the century Britain had never seen a single currency coexist with independent finances, so it needed to see results. The UK therefore chose not to rush into the eurozone, but to keep separate monetary, fiscal and interest rate policies for the pound.
In a special speech at davos on January 26th, the prime minister repeated that the euro was not sustainable. The Cameron government believes that all successful single currencies require sound and mature institutions, including a strong central bank, sound financial institutions, highly integrated economies that are resilient to shocks, fiscal transfers that address internal imbalances and risks, and common bond issuance. The euro zone's problem is not that it lacks any of these institutions, but none at all. Moreover, there are big differences among the eurozone economies, which easily lead to fiscal and trade imbalances among the different economies in the region, and this debt crisis is the concentrated outbreak of such imbalances.
In contrast to its "conservative" approach to the eurozone crisis, the UK government has adopted a "pragmatic" approach to the crisis. Mr Cameron's government came to power with a defiant, aggressive approach to deficit reduction that kept Britain's credit rating intact from the worst of the storm now hitting the euro zone's debt. But instead of being a temporary safe haven, Britain is building its future with the kind of decisiveness that is rare in western politics, but extremely valuable.
At the eu level, prime minister David Cameron has advocated deregulation of the economy, particularly by streamlining red tape in areas such as employment to make eu economies more competitive. Mr Cameron said up to 4,700 jobs across the eu were subject to over-regulation and protectionism, placing a huge burden on the economy and squandering jobs. While improving its competitiveness, the eu should avoid the resurgence of trade protectionism and meet the challenge of globalization. The eu should speed up trade integration negotiations with Japan, India and Singapore to enjoy the economic growth opportunities brought by globalization.
At home, Mr Cameron's government wants to liberalise trade and economic co-operation with non-eu economies, especially emerging ones. Britain will embark on a massive programme of infrastructure renewal, upgrading and rebuilding. The UK government has vowed to abandon the pretence of national security or reciprocal openness, "not all, but where", and to enlist foreign sovereign funds in its infrastructure plans to drive growth.
Cic and other Chinese investors have been cordially invited to participate in large-scale infrastructure projects such as transport, energy, water and communications in the UK during chancellor George osborne's meeting with Chinese vice premier wang qishan in Beijing on January 17. China has also endorsed London as an offshore renminbi clearing and trading centre outside Hong Kong. On January 20th, cic formally invested in Thames water, which supplies drinking water to London, with a stake of 8.68%. Taking the opportunity of this year's London Olympics and the queen's diamond jubilee celebrations, the cultural exchanges and economic and trade cooperation between China and the UK are expected to reach a new level.
51due留学教育原创版权郑重声明:原创essay代写范文源自编辑创作,未经官方许可,网站谢绝转载。对于侵权行为,未经同意的情况下,51Due有权追究法律责任。主要业务有essay代写、assignment代写、paper代写、作业代写服务。
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The UK government has vowed to abandon the pretence of national security or reciprocal openness, "not all, but where", and to enlist foreign sovereign funds in its infrastructure plans to drive growth. It has been two years since the outbreak of the European debt crisis, but it is still escalating. During the crisis, Britain has been a misfit, repeatedly saying it would not intervene on a large scale in the eurozone rescue operation. At an eu summit in December, Mr Cameron used his veto to block the treaty. At the annual meeting in davos in January, prime minister David Cameron went even further, publicly slamming euro zone leaders for being slow to act, leading to a deepening crisis and unmanageable situation. As for Britain's "hands-off" attitude, many friends are wondering: can the English channel really insulate the British Isles from the eurozone crisis?
Indeed, Mr Cameron's government seems to understand that the euro zone crisis has hit the British economy hard. Although Britain is not a member of the euro zone, the euro zone is Britain's largest trading partner, and 40% of Britain's exports go to the euro zone countries. The deepening of the crisis has significantly increased the risk of Britain's economic growth. Britain's economy shrank by 0.2% in the fourth quarter of 2011, according to figures released by the office for national statistics on January 25th. Britain's unemployment rate rose to 8.4%, with the number of unemployed rising by 118,000, the highest in 16 years. With Britain's exports to the rest of the euro zone also falling, the economy is likely to fall into recession and double dip.
It is well known that the UK has a long history of a parliamentary system and has long played an important role on the world stage. During this period, the political elites and the bureaucratic class have been thoroughly tempered for hundreds of years, and the distinct "conservative and pragmatic" British wisdom has been nurtured and inherited. In the face of the euro zone crisis, Cameron's government did not simply choose to participate in the rescue, which may seem callous to the world, but actually it is the consistent wisdom adopted by the British government after seeing through the unresolved nature of the euro zone's problems. At the turn of the century Britain had never seen a single currency coexist with independent finances, so it needed to see results. The UK therefore chose not to rush into the eurozone, but to keep separate monetary, fiscal and interest rate policies for the pound.
In a special speech at davos on January 26th, the prime minister repeated that the euro was not sustainable. The Cameron government believes that all successful single currencies require sound and mature institutions, including a strong central bank, sound financial institutions, highly integrated economies that are resilient to shocks, fiscal transfers that address internal imbalances and risks, and common bond issuance. The euro zone's problem is not that it lacks any of these institutions, but none at all. Moreover, there are big differences among the eurozone economies, which easily lead to fiscal and trade imbalances among the different economies in the region, and this debt crisis is the concentrated outbreak of such imbalances.
In contrast to its "conservative" approach to the eurozone crisis, the UK government has adopted a "pragmatic" approach to the crisis. Mr Cameron's government came to power with a defiant, aggressive approach to deficit reduction that kept Britain's credit rating intact from the worst of the storm now hitting the euro zone's debt. But instead of being a temporary safe haven, Britain is building its future with the kind of decisiveness that is rare in western politics, but extremely valuable.
At the eu level, prime minister David Cameron has advocated deregulation of the economy, particularly by streamlining red tape in areas such as employment to make eu economies more competitive. Mr Cameron said up to 4,700 jobs across the eu were subject to over-regulation and protectionism, placing a huge burden on the economy and squandering jobs. While improving its competitiveness, the eu should avoid the resurgence of trade protectionism and meet the challenge of globalization. The eu should speed up trade integration negotiations with Japan, India and Singapore to enjoy the economic growth opportunities brought by globalization.
At home, Mr Cameron's government wants to liberalise trade and economic co-operation with non-eu economies, especially emerging ones. Britain will embark on a massive programme of infrastructure renewal, upgrading and rebuilding. The UK government has vowed to abandon the pretence of national security or reciprocal openness, "not all, but where", and to enlist foreign sovereign funds in its infrastructure plans to drive growth.
Cic and other Chinese investors have been cordially invited to participate in large-scale infrastructure projects such as transport, energy, water and communications in the UK during chancellor George osborne's meeting with Chinese vice premier wang qishan in Beijing on January 17. China has also endorsed London as an offshore renminbi clearing and trading centre outside Hong Kong. On January 20th, cic formally invested in Thames water, which supplies drinking water to London, with a stake of 8.68%. Taking the opportunity of this year's London Olympics and the queen's diamond jubilee celebrations, the cultural exchanges and economic and trade cooperation between China and the UK are expected to reach a new level.
51due留学教育原创版权郑重声明:原创essay代写范文源自编辑创作,未经官方许可,网站谢绝转载。对于侵权行为,未经同意的情况下,51Due有权追究法律责任。主要业务有essay代写、assignment代写、paper代写、作业代写服务。
51due为留学生提供最好的essay代写服务,亲们可以进入主页了解和获取更多essay代写范文 提供代写服务,详情可以咨询我们的客服QQ:800020041。