Perhaps that experience will serve as a wake-up call for these countries’ leaders. Only by recognizing the weaknesses of old growth patterns and pursuing the needed structural reforms can emerging economies achieve strong, stable, and sustainable GDP growth – and fulfill their potential as the global economy’s main engines.
今年夏天，美国仅仅是暗示要逆转货币政策就引发了债券收益率飙升，并导致不少主要新兴经济体的资产卖出潮。也许这一经验将成为这些国家领导人的当头棒喝。只有认识到旧增长模式的弱点、追求必须的结构性改革，新兴经济体才能获得强劲、稳定和可持续的GDP增长——并充分实现它们成为全球经济主要引擎的潜力。