"8-і D. Vocabulary

4. l. Learn the following words and make up you own sentences.

tall order — a request or piece of work that is unreasonably difficult

to perform

revamp (v) — to give a new and better form or structure to something old

obsolete (adj) — completely out of date

prudent (adj) — thinking carefully before taking actions; careful to avoid risks

state-of-the-art (adj) — using the most recent and recently developed methods, materials or knowledge boot(n) — besides; in addition

amenable (adj) — able to be tested by; ready to be guided or influenced by

clerical (adj) — concerning someone who works in an office evolve (v) — to develop gradually by a long continuous process

4. 2.
   Find an English equivalent from the text to the following:

• накопление капитала;
• задолженность по уплате налогов;
• страны — члены СНГ;
• резервные мощности;
• первостепенная задача (цель);
• воздействовать;
• возобновление;
• почасовая заработная плата.

4. 3. Match up the words on the left with the definitions on the right. Use them in your own sentences:

1. induce;              a)              (done or happening) between two others; halfway;
2. repatriate;              b)              to cause or produce;
3. finding;              c)              to bring or send someone back to their own country;
4. in sum;              d)              something learnt as the result of an official inquiry;
5. intermediate.              e)              in simple words; in a short phrase.

4. 4. Choose an appropriate word or expression from the box to complete the following sentences.

overhauled              outstripping              delay              reiteration              sustained

rebounds              real terms              employees              pegged up              concessions

benefit              eye-catching              tax rates              lobby              slump

downturn              relapse              castigate              decision-making

1. Some argue that the minutiae of the technical details of reform are simply less ... than the initial sweeping changes.
2. The president administration swiftly ...
   much of the tax code, simplifying the rules for companies and cutting personal ... to a flat 13 per cent.
3. The president has ... the prime minister for slowing economic growth, diminishing the chances of meeting his target of ... Portugal’s GDP by 2015.
4. There is some deceleration ahead of the elections, but the problem is the constant... of a commitment to reform by the authorities.
5. Another big ... against membership is the bureaucracy itself, addicted to arbitrary ....
6. Investors have feared that the economy, which early this year appeared to be recovering strongly from last year’s ... , may ... back into recession.
7. In 1999-2002 Russia’s GDP rose by 25.5 % in ... , a significant contrast to the long ... and stagnation of the previous years.
8. A senior parliamentarian, who considers himself a liberal, nonetheless wants to ... WTO membership, saying that only 7 % of Russian export will... but that outside competition will devastate much of the economy.
9. The meeting of the working group on Russian membership will show how many ... other countries are ready to make.
10. The recovery is expected to be ... as business investment..., consumer spending continues at a solid pace.
11. Average pensions have tripled and salaries of low-income government ... were ....