改革开放的深入，改变了人们对英语和英语教学的认识。在中国逐步向世界全面开放的过程中，英语作为一种通用语，在人们眼里已不再神秘，它只是中国与世界交流必不可少的语言工具。英语的教学目标也不再像几十年前那样，旨在培养少数英语语言精英，而是要培养各行各业急需的、能直接进行跨文化交际和双向语言沟通的千千万万普通劳动者。

改革开放的深入，改变了人们对英语和英语教学的认识。在中国逐步向世界全面开放的过程中，英语作为一种通用语，在人们眼里已不再神秘，它只是中国与世界交流必不可少的语言工具。英语的教学目标也不再像几十年前那样，旨在培养少数英语语言精英，而是要培养各行各业急需的、能直接进行跨文化交际和双向语言沟通的千千万万普通劳动者。在这种新认识的驱动下，从20世纪后期起，各大学在继续传统英语专业教学的同时，都积极探索着新的英语教学模式，以培养中国社会飞速发展所需要的大量复合型应用英语人才——既能用英语同世界直接交流又懂一些专门知识与实务操作技能的现代化社会劳动者。
近10年来中国涌现出来的300多所民办独立学院，即源于上述这种认识。作为独立学院的英语专业，也明确提出了培养复合型应用英语人才的目标，所采用的教学模式是“英语+专业”，抑或“专业+英语”，即新型英语专业。
新型英语专业的培养目标符合当今中国社会发展的需要。因为与传统英语专业学生相比，新型英语专业的学生拥有前者所欠缺的专门化学科知识；而与其他学科的学生相比，他们又拥有后者所不具备的英语接收与表达能力。这些瞳专业、会英语、能直接与世界交流与沟通的毕业生，是有着极大提高潜力和完善空间的复合型应用英语人才，为国家和社会所需要，因此就业面广，很受社会欢迎。

Part One Globa I and National Economic Situation /1
Unit One
Text A Another Bush， Another Jobless Recovery /3
Text B The Hard Road Ahead /14
Unit Two
Text A Finally， Some Good News /21
Text B Steaming /35
Unit Three
Text A Too Much Money： Inflation Goes Global /42
Text B The New "New Economy" /55
Unit Four
Text A Indias Economy Hits the Wall /66
Text B A Yawning Trade Gap Could Swallow the Recovery /79
Unit Five
Text A Can Europes Recovery Last? /86
Text B Climb on， Honey： This Could Be Wild /98


Part Two World Trade /109
Unit One
Text A The Doha Squabble /111
Text B Drops on Parched Soil /128
Unit Two
Text A China and Europe /133
Text B The Folly of Slapping Out as on China /149
Unit Three
Text A 2005s Global Trade Hot Spots /155
Text B Sparks Fly over Steel /171
Unit Four
Text A Slouching toward a Trade War? /177
Text B The GM Gamble /187
Unit Five
Text A Two Cheers for Free Trade /192
Text B Engaging the U.S. with Trade /207


Part Three Finance /215
Unit One
Text A Time to Go Up /217
Text B The Joy of Inflation /228
Unit Two
Text A Looking Up /232
Text B Still in Gear /245
Unit Three
Text A Searching for Plan B /251
Text B Drowning in Dollars /266
Unit Four
Text A Oceans Apart /273
Text B Super-euro /285


Part Four Management /291
Unit One
Text A Make Way for Madame Director /293
Text B Earnings Guidance： Silence Is Golden /307
Unit Two
Text A Finally， Coke Gets It Right /314
Text B The Live Wire in Indian High Tech /324
Unit Three
Text A Microsoft without Gates /334
Text B Gates without Microsoft /353
Unit Four
Text A Audi， Volvo， Acura ... Chrysler? /363
Text B Volkswagen Needs a Jump /376

Another deterrent to hiring people is the price of benefits. The growth in the cost of things like health-care insurance accelerated to 6.1% in the first three months of 2003， the highest rate since 1992， when costs were actually decelerating.
The result is not just that more people are losing jobs； they are staying out of work for longer. People who become unemployed now stay out of work on average for almost 20 weeks， the longest since early 1984. The proportion of workers who exhaust their unemployment benefits before they find work is the highest since record began in the early 1970s.
What will turn this gloomy picture around? Optimists reckon that many ingredients for an economic rebound are already in place. With the Iraq war over， the geopolitical uncertainty that hobbled business investment has fallen. Oil prices have fallen back， consumer confidence
has shot up， share prices are well off their mid-March lows and spreads on corporate bonds have narrowed.
In testimony to Congress on April 30th， the best-known optimist， Alan Greenspan， argued that the economy was "positioned to expand at a noticeably better pace than it has during the past year". At its meeting on May 6th， the Federal Reserves policy-making committee decided to keep short-term interest rates on hold.