MILAN – When World War II ended 70 years ago, much of the world – including industrialized Europe, Japan, and other countries that had been occupied – was left geopolitically riven and burdened by heavy sovereign debt, with many major economies in ruins. One might have expected a long period of limited international cooperation, slow growth, high unemployment, and extreme privation, owing to countries’ limited capacity to finance their huge investment needs.
米兰—70年前，当二战结束时，世界大部——包括工业化的欧洲、日本和其他占领国——因为地缘政治而被割裂，并背上了沉重的主权债务，许多主要经济体满目疮痍。你也许会认为，在相当一段长的时间里，国际合作将非常有限，增长将十分缓慢，失业率将保持高位，还会出现极端私有化啊，因为各国无力为巨大的投资需要提供融资。但事实并非如此。