Then came East Asia, which had high savings rates, so the new explanation was “governance.”&#160; But this, too, made little sense, given that the Scandinavian countries – which have the most transparent governance in the world – had suffered a crisis a few years earlier.
而紧接着到了东亚经济危机。东亚拥很高的储蓄率，但这一次问题出在“管理方式”之上。在享有世界上最透明管理方式的斯堪的纳维亚国家几年前遭受金融危机时，这个解释则又成了无稽之谈。