Perhaps that is the key lesson from the Asian crisis of the late 1990’s: austerity can work.&nbsp; But its success or failure ultimately boils down to power politics – namely, a resolution of the tension between short-term palliatives and the commitment to a long-term strategy.&nbsp;
或许1990年代末亚洲危机给我们最关键的教训是：紧缩政策是有效的，但成败最终将取决于权力政治——也就是说，一个介乎于短期权宜之计和长期战略之间的解决方案。而这也是西方依然在纠结的地方。