Learn from Asia. That is one lesson for western policymakers as a result of this crisis. Over the past decade, Asian governments learned the benefits of anti-inflationary policies from the west. Now, Asia can export to the west lessons on macro-prudential measures. These should become a vital ingredient of the policy toolkit worldwide.
向亚洲学习。这是西方政策制定者从这场危机中得到的教训之一。过去数十年间,亚洲各国政府从西方学到了抗通胀政策的益处。如今,亚洲可以向西方输出关于宏观审慎措施的经验。这些经验应该成为世界各国政策组合的重要组成部分。
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