不要期待新兴经济体迅速复苏 - 副本.docxVIP

??不要期待新兴经济体迅速复苏The emerging market slowdown: don’t expect a quick recovery That big grinding sound in the global economy is the emerging market world shifting down to a lower gear. The stream of news this year suggests that emerging economies are recording their lowest rates of growth since the global financial crisis. 全球经济发出了巨大的摩擦声，这是新兴市场在降低运行档位。今年的一系列消息表明，新兴经济体正在录得自本次全球金融危机以来最低的增长率。 Of course, EMs have weathered slowdowns and even crashes before, and generally come back strongly. More disturbing about the conjuncture is that the difficulty in generating strong growth seems as