The world’s economic leaders need to “rebalance” their thinking as well as their economies. Fiscal and monetary policies have dominated. That makes sense to a degree: decisions on deficits, debt and the eurozone this autumn may well determine whether the global economy slides deeper into danger, or begins the long climb back. But these policies are insufficient for sustained growth: we need action on the structural dynamics to generate jobs, higher productivity and a sustainable long-term rebalancing. What happens in China is as important as Europe, Japan, or the .
全球經濟領袖們必須對自己的思維方式以及本國的經濟進行“調整”。財政和貨幣政策向來居于主導地位。這有著一定的道理：今年秋季有關赤字、債務和歐元區的決定，很可能將會決定全球經濟是進一步滑向更危險的境地，還是會開始漫長的復蘇。但這些政策仍不足以實現持續增長：我們必須針對結構性問題采取行動，以創造就業、提高生產力和實現可持續的長期再平衡。中國目前的境況與歐洲、日本和美國一樣重要。