Currencies dominated this year’s annual meetings of the International Monetary Fund. More precisely, two currencies did: the dollar and the renminbi, the former because it was deemed too weak and the latter because it was deemed too inflexible. But, behind the squabbles, lies a huge challenge: how best to manage the global economic adjustment.
國際貨幣基金組織(IMF)今年年會上的主題是貨幣。更確切地說,是兩種貨幣:美元和人民幣。前者是因為被認為太疲軟;后者是因為被認為太僵化。然而,在這些爭論的背后有一個巨大的挑戰:如何最好地管理全球經濟調整?
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