1 . Emerging (新兴的) economies struggled to grow through the 2010s and pessimism hangs over them now. People wonder how they will pay debts rung up during the Covid-19 pandemic and how they can grow rapidly as they did in the past.
The freshest answer is the fast-spreading digital revolution (革命). Emerging nations are adopting cutting-edge technology at a lower and lower cost, allowing them to fuel domestic demand and overcome traditional barriers to growth. Over the past decade, the number of smartphone owners has skyrocketed worldwide. The world’s emerging markets have already demonstrated the transformative effects of digital technology, which has saved the economy with old industries slowing sharply.
The digital revolution is as advanced in emerging economies as in developed ones. Among the top 30 nations by tax income from digital services as a share of GDP, 16 are in the emerging world. Since 2017, digital tax income has been growing in emerging countries at an average annual pace of 26%, compared with 11% in the developed ones.
How can it be that poorer nations are adopting digital technologies faster than the rich? One explanation is habit and its absence. In societies with plentiful physical stores and services, customers are often comfortable with and slow to abandon the providers they have. Nations lacking in schools, hospitals and banks will jump at the first digital option that comes along and quickly bridge these gaps by establishing online services.
Since 2010, the cost of starting a business has held steady in developed countries while falling sharply in emerging countries, from 66% to just 27% of the average annual income. Businessmen can now launch businesses affordably, organizing much of what they need on a smartphone.
It’s early days, too. Tech revolutions usually last a long time. Innovations like the car and the steam engine were still transforming economies half a century later. While the pandemic is weakening globalization, the age of rapid digitization has just begun. This offers many developing economies a revolutionary new path to catching up with the living standards of the developed world.
1. Where are people more willing to accept digital services?| A．In developed societies. |
| B．In overpopulated nations. |
| C．In economies with poor online services. |
| D．In countries short of basic public facilities. |
| A．They can pay less tax. |
| B．They make stable profits. |
| C．They do business at lower costs. |
| D．They enjoy a bigger share of the market. |
| A．To prove old inventions will finally go out of style. |
| B．To indicate digitization will have a long-term impact. |
| C．To explain innovations will take a long time to be adopted. |
| D．To imply developing countries will overtake developed ones. |
| A．The Global Economy Is Looking Up |
| B．Emerging Economies Struggle in the Pandemic |
| C．Digital Tech Saves the Declining Emerging Markets |
| D．Digital Service Is Progressing Slowly in Rich Countries |
2 . Many workers have had no choice but to adapt to working from home in recent months since offices shut down due to the COVID-19 pandemic (新冠疫情). And the noisy situation and endless housework may result in a terrible emotion. A new option is waiting for you. That is WFH: work from a hotel.
Hotel Figuero
A special program titled Work Perks aims to reposition some of 94-year-old Hotel Figuero’s 268 rooms as day-use offices.
According to Managing Director Connie Wang, the set-up launched in June and is a great opportunity to get out of their houses with high-speed Wi-Fi, unlimited printing privileges and free parking. The 350-square-foot rooms sell for $ 129 per day, with an option to extend to an overnight stay for an additional $ 20.
The Wythe
A boutique hotel in Brooklyn. The hotel recently announced a partnership with co-working office space company Industrious through which it is recycling 13 second-story guest rooms to serve as offices for up to four people.
Each of the rooms has a small outdoor platform, and dogs are welcome. Pricing starts at $ 200 and goes up to $ 275, depending on how many people use the space.
The Sawyer
The Sawyer, in Sacramento, California, is offering pool cabanas (更衣室) for use as outdoor offices, complete with fast Wi-Fi, free parking and catered lunch for $ 150 per day.
HotelsByDay
Yannis Moati founded HotelsByDay back in 2015. That company has grown to include more than 1,500 hotels, and has seen a significant increase in the number of inquiries for day-use bookings lately.
Moati said the current situation will force hotels to upgrade themselves to stay alive, and he predicted that offering rooms for day-use only is one of the directions they will go.
1. How much should one pay for a 24-hour stay in Hotel Figuero?| A．$ 129. | B．$ 149. | C．$ 150. | D．$ 200. |
| A．The Wythe. | B．The Sawyer. |
| C．HotelsByDay. | D．Hotel Figuero. |
| A．He started a program titled Work Perks. |
| B．He has upgraded at least 1,500 rooms. |
| C．He usually predicts everything correctly. |
| D．He is optimistic about the WFH trend. |
