The United States may be seeing signs of a strengthening recovery, but the eurozone risks following Japan into recession, and emerging markets worry that their export-led growth strategies have left them vulnerable to stagnation abroad. With few signs that this year&nbsp;will bring any improvement, policymakers would be wise to understand the factors underlying the global economy’s anemic performance – and the implications of continued feebleness.
孟买&mdash;2014年已临近尾声，全球经济疲软依旧。美国也许看到了复苏强化的信号，但欧元区仍有步日本衰退后尘的危险，而新兴市场也在担忧出口拉动增长战略使使它们极易受国外停滞的影响。几乎没有信号表明2015年会迎来任何改善，因此决策者的明智做法也许是弄清楚全球经济表现持续萎靡的根本因素&mdash;&mdash;以及继续如此下去的影响。