But this distinction misses the larger point: the quality of policy matters much more than the level of economic development. Some financial systems in developed economies – for example, in Australia, Canada, and Singapore – have shown remarkable resilience, while others have gotten into trouble.
但这一区分漏掉了更大的关键点：政策的质量远比经济发展水平重要。一些发达经济特的金融制度——如澳大利亚、加拿大和新加坡——显示出了卓著的韧性，但其他则陷入了麻烦。