许多新兴国家的更大的经济都依赖于琥珀领土。
India and Indonesia are already feeling the pressure.
印度和印尼已经感受到了压力,
Others, like Mexico, have fared well amid recent turmoil: the peso has been roughly flatover the past year.
其他的国家,像墨西哥在近期金融风暴期间就过度的很好:
But credit growth and high levels of financial openness are potential points of fragility.
比索与已经过去的一年大致持平。但信贷增长和高层次的金融开放是潜在的脆弱点。
Malaysia and the Philippines, victims of the Asian crisis of the late 1990s, are in better shapenow.
马来西亚和菲律宾,20世纪90年代后期的亚洲金融危机的受害者,现在有了更好的形态。
Both run current-account surpluses and have built up a much larger reserve buffer relativeto short-run external obligations.
两者都有了往来账户盈余,并相对于短期外债已建立一个更大的储备缓冲,
Yet credit growth has also been zesty.
而且信贷增长也一直很灿烂。
Countries in the red zone are most at risk.
在红色区域是最危险的国家。
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