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THE SURPRISING STRENGTH OF SOUTHEAST ASIA

机译:东南亚的惊人实力

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摘要

Painful economic slowdowns are nothing new to Southeast Asia. The region went through its ownrngut-wrenching financial crisis more than a decade ago in what now seems like a dress rehearsal for today's turmoil. Companies defaulted, banks collapsed, stockmarkets tanked, and economies shrank at double-digit rates as foreign investment slowed to a trickle. But Southeast Asia dutifully swallowed the bitter pill of austerity, devaluing currencies and working off debt while banks restructured and companies patched up balance sheets.rnNow Southeast Asia is getting whacked again, a victim of sins on the other side of the globe. Last autumn the region's exports plunged as the U.S., and then China, slumped. Foreign investment, meanwhile, has plummeted as multinationals rein in spending. "It's frustrating that we are in a crisis thatrnis not of our own making," says Thai Prime Minister Abhisit Vejjajiva.
机译:痛苦的经济放缓对东南亚来说并不新鲜。十多年前,该地区经历了一场痛苦不堪的金融危机,如今看来就像是为这场动荡进行的彩排。随着外国投资放缓到a流,公司违约,银行倒闭,股市低迷,经济以两位数的速度萎缩。但是,在银行重组和公司修补资产负债表的同时,东南亚却尽职尽责地吞噬了紧缩政策,货币贬值和债务清算的痛苦。现在,东南亚再次陷入困境,成为了地球另一端的罪魁祸首。去年秋天,随着美国的崛起,该地区的出口骤降,然后中国下滑。与此同时,随着跨国公司控制支出,外国投资骤降。泰国总理阿披实·韦杰吉瓦说:“令人沮丧的是,我们陷入了并非我们自己造成的危机。”

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  • 来源
    《Business week》 |2009年第8期|35-38|共4页
  • 作者

    Frederik Balfour;

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