It took only a few words from Fed Chairman Ben Bernanke last May – announcing the eventual end of quantitative easing – for markets to lose confidence in emerging economies with current-account deficits near or above 4% of GDP. Brazil was the most prominent among the Latin American economies under attack, but analysts worried about similar vulnerabilities elsewhere in the region.
去年5月，美联储主席伯南克只是轻描淡写地说了几句话——宣布量化宽松终于要告一段落了——便摧毁了这批经常项目赤字占GDP的4%上下的新兴经济体的信心。巴西受到的冲击尤为严重，但分析师担心拉美地区其他国家同样脆弱。因此，与过去一样，如今只要外国人感到紧张，拉美的融资和投资就会削减，增长也会受阻。