Thanks to greatly improved policy performance over the previous decade, low-income countries entered the crisis far better positioned to withstand shocks than in the past. They had smaller fiscal and current-account deficits, lower inflation, larger international reserves, and – thanks in part to debt relief – lower debt burdens.
但情况原本可能更加糟糕。得益于过去十年政策表现的改善，低收入国家在面临此次危机时所处的状况要比前几次好得多。它们的财政和经常项目赤字更小了，通胀更低了，国际储备更高了，且债务负担也更低了（部分要归功于债务减免）。