True, the country’s periodic debt crises are often the result of self-destructive macroeconomic policies. But, this time, the default has been triggered by a significant shift in the international sovereign-debt regime.
美国剑桥—阿根廷最近的违约给决策者造成了令人不安的问题。诚然，该国时常发生的债务危机大多是自我破坏性宏观经济政策的结果。但是，这一回，违约是由国际主权债务机制的重大变化引发的。