Many now believe that the recent broad-based growth slowdown in emerging economies is not cyclical, but a reflection of underlying structural flaws. That interpretation contradicts those (including me) who, not long ago, were anticipating a switchover in the engines of the global economy, with autonomous sources of growth in emerging and developing economies compensating for the drag of struggling advanced economies.
如今，许多人相信最近的信心经济体广泛增长减速不是周期性的，而是基础性结构缺陷的反映。这一解读与前不久预测全球经济引擎发生转换、新兴和发展中经济体自主增长源泉抵消麻烦重重的发达经济体的拖累的人（包括我）形成了鲜明对比。