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61
3) What is the name for activities which make free trade difficult or
impossible between countries?
4) What kind of union is it when two or more countries decide to
share a single currency?
5) What do we call sums of money given to poor regions to assist
development?
6) What can we call an economy that is devastated by war?
7) What adjective beginning with the letter ‘a’ can be used to de-
scribe an economy in a bad state?
3. Study word collocations concerning international aid, debt and devel-
opment in the following passage.
Question: Are the UK and Europe trued of trying to encourage real
and lasting development projects in Africa?
Answer: It may surprise you to learn that are many encouraging
signs in Africa. Over the last three years, 31 African countries
achieved economic growth of more than 3% per year. Foreign di-
rect investment, although still too small, has been rising. Africa’s
share in world trade has shown signs of recovering from its long
decline. Some countries, such as Mozambique, Côte d’Ivoire,
Uganda and Mauritius, have done much better than this.
But some 250 million people in Africa still live in deep poverty and
we must do better. With other development agencies we are commit-
ted to supporting those African governments which are following
policies to reduce poverty and improve access to better health,
education and clean water.
Useful collocations for debt:
to repay
to cancel burden
to case to alleviate
debtor countries to incur
Development grants are often given to poor regions.
Sustainable development is the most important goal for most countries.
DEBT
62
4. Try to recall from memory the collocations highlighted in ex. 3. Fill
the gaps in these sentences.
1) Development is important, but it should be _______ development,
not the kind that destroys the environment and social structure.
2) The government is _________ a policy of giving aid only where it
is used to ________ poverty.
3) There have been some _________ signs that development aid is
working in many countries.
4) Millions of people still live in _________ poverty. (give two an-
swers)
5) The economy has ______ from its decline and is now doing well.
6) The struggle to _______ economic growth in developing coun-
tries is a constant one.
7) It is important to encourage ________ development projects, not
just short-term ones.
8) The goal should be to improve _________ to better health and
education for the poor.
5. Rewrite these sentences about international debt using more appropri-
ate language from the opposite page to replace the underlined words.
1. Over a period of five years, the country got huge debts which it
could not pay back
.
2. Countries in debt
are so great in some countries that their economies
are collapsing.
3. The weight of debt
is so great in some countries that their economies
are collapsing.
4. Richer countries could do a lot to make
the debt of poor countries
less heavy
(give two answers), and indeed, in some cases, could for-
get the debt altogether.
6. Discuss these issues.
– What are the key industries in your country?
– Are they declining or growing?
– An expert economist is giving a talk this evening. What are the
five questions you will want to ask him: five things you have never
really understood about economics?
– What would you write in a letter to your MP, attacking the gov-
ernment’s handling of either the current or a recent economic crisis.
3) What is the name for activities which make free trade difficult or 4. Try to recall from memory the collocations highlighted in ex. 3. Fill
impossible between countries? the gaps in these sentences.
4) What kind of union is it when two or more countries decide to
1) Development is important, but it should be _______ development,
share a single currency?
not the kind that destroys the environment and social structure.
5) What do we call sums of money given to poor regions to assist
2) The government is _________ a policy of giving aid only where it
development?
is used to ________ poverty.
6) What can we call an economy that is devastated by war?
3) There have been some _________ signs that development aid is
7) What adjective beginning with the letter ‘a’ can be used to de-
working in many countries.
scribe an economy in a bad state?
4) Millions of people still live in _________ poverty. (give two an-
swers)
3. Study word collocations concerning international aid, debt and devel-
5) The economy has ______ from its decline and is now doing well.
opment in the following passage.
6) The struggle to _______ economic growth in developing coun-
Question: Are the UK and Europe trued of trying to encourage real tries is a constant one.
and lasting development projects in Africa? 7) It is important to encourage ________ development projects, not
Answer: It may surprise you to learn that are many encouraging just short-term ones.
signs in Africa. Over the last three years, 31 African countries 8) The goal should be to improve _________ to better health and
achieved economic growth of more than 3% per year. Foreign di- education for the poor.
rect investment, although still too small, has been rising. Africa’s
share in world trade has shown signs of recovering from its long 5. Rewrite these sentences about international debt using more appropri-
decline. Some countries, such as Mozambique, Côte d’Ivoire, ate language from the opposite page to replace the underlined words.
Uganda and Mauritius, have done much better than this.
1. Over a period of five years, the country got huge debts which it
But some 250 million people in Africa still live in deep poverty and
could not pay back.
we must do better. With other development agencies we are commit-
2. Countries in debt are so great in some countries that their economies
ted to supporting those African governments which are following
are collapsing.
policies to reduce poverty and improve access to better health,
3. The weight of debt is so great in some countries that their economies
education and clean water.
are collapsing.
4. Richer countries could do a lot to make the debt of poor countries
Useful collocations for debt:
less heavy (give two answers), and indeed, in some cases, could for-
to repay
get the debt altogether.
to cancel burden
DEBT 6. Discuss these issues.
to case to alleviate
– What are the key industries in your country?
debtor countries to incur – Are they declining or growing?
– An expert economist is giving a talk this evening. What are the
Development grants are often given to poor regions. five questions you will want to ask him: five things you have never
Sustainable development is the most important goal for most countries. really understood about economics?
– What would you write in a letter to your MP, attacking the gov-
ernment’s handling of either the current or a recent economic crisis.
61 62
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