It became, for a while, a bit of a dirty word. But “decoupling” is in vogue again. The emerging world, and foremost Asia, has bounced back far more sharply from economic calamity than many developed economies. Fundamentals are now in better shape in these economies than ever before: fiscal balances are far healthier than in the west, while banking systems, stuffed with liquidity, appear ready to fuel another round of solid expansion.
“脫鉤”學(xué)說(shuō)一度被認(rèn)為是胡扯，但如今再度流行起來(lái)。新興國(guó)家（主要是亞洲國(guó)家）從經(jīng)濟(jì)危機(jī)中反彈的勢(shì)頭遠(yuǎn)比許多發(fā)達(dá)經(jīng)濟(jì)體迅猛。這些經(jīng)濟(jì)體如今的基本面更勝往昔：它們的財(cái)政狀況遠(yuǎn)比西方國(guó)家健康；它們流動(dòng)性充沛的銀行體系，似乎正準(zhǔn)備推動(dòng)經(jīng)濟(jì)展開(kāi)新一輪強(qiáng)勁擴(kuò)張。
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