IMF 'Blind to Crisis' 国际货币基金组织受批评
[audio]http://language.chinadaily.com.cn/bbc/media_english/assets_8954728/me_124_imf_110210_me_124_imf_report_au_bb.mp3[/audio][font=Verdana, 宋体, helvetica, arial, sans-serif][p=30, 2, left]Background: 日前对国际货币基金组织的调查报告指出，此组织没有能在全球金融危机发生之前预见到世界经济面临的严峻风险。[/p][/font][color=#333333][font=Verdana, 宋体, helvetica, arial, sans-serif][size=13px]IMF [b]surveillance [/b]of the economic situation was characterised by over-confidence in the [b]soundness[/b] of large financial institutions. The risks associated with [b]housing booms[/b] and financial innovations, subsequently called [b]toxic assets[/b], were downplayed.[/size][/font][/color][font=Verdana, 宋体, helvetica, arial, sans-serif][p=30, 2, left]The report includes some[b]striking[/b] criticism of the IMF's performance ahead of the crisis. The agency provided few clear[b]warnings[/b] about the risks, the report says.[/p]
[p=30, 2, left]The IMF's managing director Dominique Strauss-Kahn welcomed the report, which he said [b]puts forward[/b] many [b]constructive[/b] ideas and is[b]consistent[/b] with the Fund's own analysis.[/p][p=30, 2, left]The IMF has had a central role in responding to the crisis, with[b]emergency loans[/b] and other assistance for some countries.[/p][p=30, 2, left]The IMF has a continuing role in dealing with the financial problems in the Euro area, where it is providing loans to both Ireland and Greece.[/p][/font] toxic asset n 不良资产
To be honest, I know nothing about economy,which I believe is way too complicated. At least,for me.
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