Second, more investment is needed, particularly in low-income countries, emerging markets, and oil producers (though less in China, the exception that proves the rule). But the answer is not a low-quality investment binge led by government or fuelled by easy credit; we know the consequences of that.
其次，需要更多的投资，特别是在低收入国家、新兴市场和石油产出国（中国则相反，不过这是例外）。但答案不是政府引导或宽松的信贷推动的低质量的投资；我们知道这种投资的后果。相反，产品、劳动力和金融市场都必须改革，以便产生高质量的私营部门投资。