Still, fiscal conditions in the advanced economies remain unsustainable, with many OECD members’ debt levels hovering around 100% of GDP. Japan, which has one of the world’s highest debt/GDP ratios, currently well over 200%, is engaging in a risky experiment with further monetary stimulus to try to target 2% annual inflation.
但发达经济体的财政状况仍是不可持续的，许多经合组织成员债务水平高达GDP的100%左右。作为世界上债务/GDP之比最高的国家之一，日本的这一比例早已超过200%，并且其正在进行危险的实验，试图通过进一步货币刺激达到2%的年度通胀率目标。在许多发达经济体，货币和财政政策已经达到了效果的极限。