The days when politicians around the world sought to promote their financial sectors as engines of economic growth could not be more remote. The agenda of the forthcoming Group of 20 summit, with its heavy emphasis on re-regulation, makes such views wholly obsolete. But that leaves policymakers in the world's more financially orientated economies with a problem. Do they simply say goodbye to their supposed comparative advantage in financial services? Or can they salvage something from the wreckage?
世界各地政治家尋求推動本國金融業(yè)成為經濟增長引擎的日子,顯得無比遙遠。即將召開的20國集團(G20)峰會的重點議程是重新加強監(jiān)管,將使上述觀點徹底過時。但這將給那些更強調以金融業(yè)為導向的經濟體的政策制定者帶來一個問題:他們應該干脆地向自己在金融服務業(yè)的所謂相對優(yōu)勢說再見?抑或他們能夠從殘骸中搶救出什么東西?