Lessons from previous banking crises around the world could have been learned faster. The twists and turns in some of the programs, most notably in the United States, have left markets confused, and have led private investors to stay on the sidelines, waiting for policy clarification before taking a stake in financial institutions.
这些举措的基本架构现已到位，但其实施却往往带有随意性。我们本应从以前世界各地的银行业危机中更好地吸取教训。这些计划的一波三折（在美国尤为明显）令市场迷惑，并让私人投资者持币观望，在介入金融机构之前等待政策变得明晰。我毫不怀疑在实践中学习将最终使我们的各项计划具有连贯性。但时间已经延误了。