Instead, policymakers should focus on removing their economies’ structural and institutional bottlenecks. In advanced markets, these stem largely from a declining and aging population, labor-market rigidities, an unaffordable welfare state, high and distorting taxes, and government indebtedness.
相反，决策者应该专注于消除经济的结构性和制度性瓶颈。在发达市场，这些瓶颈大多来自人口的下降和老化、劳动力市场僵化、不堪重负的福利国家、高昂的扭曲性税收以及政府负债。