Adecade ago, crises in east Asia, Russia and Latin America caused economists to ??doubt the case for cross-border capital flows. However desirable the mobility of goods and people, mobility of capital was different. But the world ignored the intellectuals. Far from reining in financial globalisation, policymakers let it rip.
十年前,東亞、俄羅斯和拉美爆發(fā)的危機,讓經(jīng)濟學(xué)家對支持跨境資本流動的理由產(chǎn)生了懷疑。無論商品和人員的流動多么合人心意,資本流動卻是另外一回事情。但世人對學(xué)界的觀點未予理會。政策制定者們?nèi)晃磳鹑谌蚧右约s束,而是任其發(fā)展。
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