Finally, the reduction of global imbalances implies that the current-account deficits of profligate economies (the US and other Anglo-Saxon countries) will narrow the current-account surpluses of over-saving countries (China and other emerging markets, Germany, and Japan). But if domestic demand does not grow fast enough in surplus countries, the resulting lack of global demand relative to supply – or, equivalently, the excess of global savings relative to investment spending – will lead to a weaker recovery in global growth, with most economies growing far more slowly than their potential.
最后，全球经济失衡的减少意味着，挥霍经济体（美国和其他盎格鲁撒克逊国家）的经常项目逆差会减少过度储蓄国家（中国和其他新兴市场国家、德国以及日本）的经常项目顺差。但是，如果经常项目顺差国家的国内需求没有足够快的增长，并由此导致全球需求相对于供应显得不足——或者，换句话说，全球储蓄相对于投资开支显得过度——就会使全球经济复苏疲软，使许多经济体的增长速度远远落后于它们的增长潜力。