But that job is much harder now, because of the size of some of the big emerging economies. And, in any case, the focus of financial nervousness is shifting back to the world economy’s core countries, such as the United States, the United Kingdom, and Australia, which are funding large current account deficits with surpluses from much poorer countries.
在1960年代，IMF管理了所有主要经济体的问题，在1980和1990年代，它发展成为新兴市场的危机管理者。但由于一些新型经济体的巨大体量，这一任务现在变得更为困难。不论如何，财政紧张的焦点正重新转移到世界经济的核心国家，如美国、英国和澳大利亚，它们都以（比它们）贫穷得多的国家的盈余来延续着自己巨额的经常项目下赤字。