Countries from Estonia to South Africa face large current account deficits – sometimes in the double digits. The deeper the global economy slides, the more vulnerable they become as exports shrink, tax receipts fall and currencies come under strain. Should an Asian-style crisis strike one of them, contagion is sure to topple others.
從愛沙尼亞到南非，許多國家都面臨著巨額經(jīng)常賬戶赤字——有時高達兩位數(shù)。全球經(jīng)濟下滑的幅度越大，這些國家就越容易受到?jīng)_擊，因為出口萎縮、稅收收入減少，且貨幣面臨下行壓力。如果一場亞洲式危機侵襲其中的一個國家，其它國家肯定會被傳染，并隨之倒下。
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