Recent pressure on emerging market currencies has rightfully made headlines. But the broader issue for emerging markets is that such episodes could easily reoccur, or even get worse, over the next few years. This is because, over the past decade, these economies have increasingly pinned their economic hopes to foreign capital flows.
新興市場貨幣近期受壓，這理所當(dāng)然地成為頭條新聞。但對(duì)新興市場來說，一個(gè)更大的問題是：未來幾年內(nèi)，這種情形很容易就會(huì)重演，甚至?xí)夯＿@是因?yàn)椋^去十年中，這些經(jīng)濟(jì)體越來越多地將本國經(jīng)濟(jì)增長的希望寄托于外國資本流入。
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