OXFORD – While austerity in Europe faces increasing social resistance, in principle it has the merit of simplicity. As the debate on fiscal consolidation versus growth intensifies, it is clear that there is little agreement on how to kick-start the economy, beyond fielding broad stimulus packages.
发自牛津——虽然欧洲紧缩政策面临的社会阻力与日俱增，但至少该政策在原理上还具备简单直接的优点。而随着巩固财政还是确保增长的辩论日趋激烈，显然除了实施大规模刺激政策之外，在如何启动经济方面并未形成多少共识。