2013年11月21日雅思阅读机经预测.doc

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2013年11月21日雅思阅读机经预测

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雅思阅读：Whose lost decade?
　
　Japan's economy works better than pessimists think—at least for the elderly.
THE Japanese say they suffer from an economic disease called "structural pessimism". Overseas too, there is a tendency to see Japan as a harbinger of all that is doomed in the economies of the euro zone and America—even though figures released on November 14th show its economy grew by an annualised 6% in the third quarter, rebounding quickly from the March tsunami and nuclear disaster.
Look dispassionately at Japan's economic performance over the past ten years, though, and "the second lost decade", if not the first, is a misnomer. Much of what tarnishes Japan's image is the result of demography—more than half its population is over 45—as well as its poor policy in dealing with it. Even so, most Japanese have grown richer over the decade.
In aggregate, Japan's economy grew at half the pace of America's between 2001 and 2010. Yet if judged by growth in GDP per person over the same period, then Japan has outperformed America and the euro zone (see chart 1). In part this is because its population has shrunk whereas America's population has increased.
Though growth in labour productivity fell slightly short of America's from 2000 to 2008, total factor productivity, a measure of how a country