Many emerging markets will also want to engage in countercyclical macroeconomic policy, but they are hemmed in by concerns of fiscal sustainability and fear of rampant inflation. European fiscal policy is constrained by the Maastricht Treaty, while European monetary policy is rather single-mindedly devoted to price stability.ampnbsp;
许多新兴市场也将想要介入反周期的宏观经济政策，但对财政的连续性的担心和对大幅度通货膨胀的恐惧，使他们被捆住了手脚。欧洲的财政政策被马斯特里赫特条约限制住了，而欧洲的货币政策则专注于稳定物价。