Was the summit of the Group of 20 leading economies in Canada over the weekend a step forward towards co-operation or a step backwards towards disagreement? The answer seems to be both. The call for “growth-friendly fiscal consolidation plans” provides something for everybody. But it assumes what is to be proved: that rapid fiscal consolidation will now support growth, rather than undermine it.
上周末于加拿大举行的20国集团(G20)峰会,是朝着合作还是朝着不合迈进了一步?答案似乎为:两者皆是。有关“增长友好型财政整顿计划”的呼吁,对所有人都具有一定意义。但它却将一个有待证明的结论当成了理所当然的事实。这个结论是,迅速开展财政整顿如今将推动而非妨碍增长。
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