What businesses in these countries need is not necessarily more finance, but the expectation of larger profits for their owners. In fact, capital inflows can make things worse, because they tend to appreciate the domestic currency and make production in export activities less profitable, further weakening the incentive to invest.
当国家遭受低下的投资需求之时，允许资本自由流入无济于事。这些国家中的各行各业所需要的并不一定是更多的融资，而是各企业所有者对更多利润的预期。实际上，资本流入可能适得其反，因为，这可能使得本国货币升值并且使得出口活动的生产利润减少，从而进一步削弱投资的激励。