EXPOSITION TEXT
Analytical exposition is a type of spoken or written text that is intended to persuade the listeners or readers that something is the case. This type of text can be found in scientific books, journals, magazines, newspaper articles, academic speech or lectures, research report etc. Is a text that elaborates the writer's idea about the phenomenon.
The purpose of the text is to persuade the reader or listener that there is something that, certainly, needs to get attention. and also to analyze a topic and to persuade the reader that this opinion is correct and supported by arguments.
• Generic Structure
1. Thesis
2. Arguments
3. Reiteration
Opportunity in the Global Financial Crisis
Financial crisis and its contagion to Europe and the rest of the world could also create new opportunity for Indonesia in term of foreign direct investment and the development of basic infrastructure.
As the US. financial crisis has now spread to Europe, the oil-rich countries such as Saudi Arabia, Kuwait and Arab Emirate which have accumulated hundreds of billion of Dollars in their foreign reserve, are now reviewing their holding or investment vehicle. They are looking for more diversified investment outside the US and Europe.
Because of unfavorable political developments in Thailand and Malaysia over the past few months, Indonesia which has largely Muslim population could become one of these oil-rich countries' favorite place for foreign direct investment. That wil be true if the conditions, legal and market infrastructure are conducive for Islamic financial instruments.
The government had improved the legal framework with the recent actment of laws on sharia banking and bonds. The long term nature of Islamic bonds could make them the most suitable investment instrument for Indonesia, as these bonds grant an investor a share in an asset along with the cash flows and risks commensurate with such ownership.
The financial crisis that has gripped the globe and weakening economic growth in the rest of the world will serve to the government to accelerate the investment reform measures in order to grab the hidden opportunity in the global crisis.
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