This integrated approach could prove effective in countries where the real economy and the financial sector are closely linked, ensuring the timely, orderly implementation of policies, while preventing adverse spillovers. Such coordination would infringe on central-bank independence no more than multilateral cooperation undermines the sovereignty of the countries involved.
这一一体化方法在实体经济与金融部门紧密相连的国家或许会见效，它能确保政策及时、有序地实施，同时防止消极溢出效应。此类协调合作对央行独立性的破坏不会亚于多边合作对参与国主权的破坏。