But if we are to avoid winding up in another debt crisis, some, perhaps much, of the money will have to be given in grants. And, in the past, assistance has been accompanied by extensive “conditions,” some of which enforced contractionary monetary and fiscal policies – just the opposite of what is needed now – and imposed financial deregulation, which was among the root causes of the crisis.
但是如果我们要避免卷入另一轮债务危机，一些钱，也许是很多钱，将被迫以补贴的形式来发放。而且，过去的援助伴随着繁多的“条件”，其中一些实施互相矛盾的货币和财政政策——这和现在的需要背道而驰；这些条件还迫使受惠国放松金融管制，而这正是导致危机的原因之一。