WEF Fabrice Coffrini/Getty Images

不稳定的经济秩序?

拉古娜海滩—发达经济体从全球经济中撤退——英国更是从地区贸易协定中撤退——最近大受关注。眼下,全球经济的基础结构摇摇欲坠,这可能造成影响深远的后果。

不管是可以选择还是不得不尔,世界上绝大部分经济体都是多边体系的一部分,在这个体系中,它们的发达国家同侪——特别是美国和欧洲——拥有大量特权。其中三个特权尤其突出。

首先,由于它们发行世界主要储备货币,发达经济体能用印出来的纸交换其他经济体生产出来的商品和服务。其次,对大部分全球投资者来说,这些经济体的债券几乎是资产组合配置的天然组成部分,因此这些国家的政府预算赤字部分可以用其他国家的储蓄来融资。

To continue reading, please log in or enter your email address.

To access our archive, please log in or register now and read two articles from our archive every month for free. For unlimited access to our archive, as well as to the unrivaled analysis of PS On Point, subscribe now.

required

By proceeding, you agree to our Terms of Service and Privacy Policy, which describes the personal data we collect and how we use it.

Log in

http://prosyn.org/pQCK9GP/zh;

Handpicked to read next

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.