A Report On The Translation Of Misunderstanding Financial Crises: Why Don’t We See Them Coming

With the rapid financial development in China, more and more people are involved infinancial activities. A large number of financial articles and books have beenintroduced to China so as to meet the needs of Chinese people who have great interestin finance and economics. Written by Gray B. Gorton, Misunderstanding FinancialCrises: Why Don’t We See Them Coming is a book about economics and finance andillustrates what causes financial crisis. As everyone knows, the impact of2007-08financial crisis still haunts people’s mind so far. The writer of this book analyzes thefinancial crisis and illustrates why the financial crisis happened. Thus, the translationof this book is also meaningful for Chinese readers. And another personal reason isthat the translator chose this book to translate because he is interested in economicsand finance. Looking back the history of financial crisis and analyzing the causes offinancial crisis keeps the translator curious about the translation practice in the wholeprocess of translation for more than three months.In the process of translation, the translator found that this book contains someprofessional knowledge about economics and finance and has a lot of financial termsand long sentences. Also, some parts of this book are like literatures. Then, these partscan be analyzed from literature angle. Through referring to a variety of books,dictionaries, and Internet materials, the translator finally overcame the difficulties.The report contains the following parts: the introduction on the original and itsauthor, the significance of translation; the whole process of translation, text analysisand the difficulties encountered; how to solve the difficulties by using sometranslation methods.