India in trouble
印度身陷困境
The reckoning
最后审判日
Why India is particularly vulnerable to theturbulence rattling emerging markets
为什么印度新兴市场特别容易受到震荡
ON THE morning of August 17th most of India s economic policymakers gathered in theprime minister s house in Delhi.
8月17日上午,大多数印度经济政策制定者聚集在德里的总理府邸。
They were there to launch an official economic history of 1981-97, a period which included thebalance-of-payments crisis of 1991.
他们聚集那里为了发布一项官方的1981年到1997年间的经济史,这个时期包括1991年的国际收支危机。
The mood was tense.
氛围十分紧张。
India, said Manmohan Singh, theprime minister, faced very difficult circumstances.
总理曼莫汉辛格说,印度面临十分困难的状况。
Does history repeat itself? asked Duvvuri Subbarao, the outgoing head of the Reserve Bankof India.
历史重演了吗?即将退休的印度央行行长苏巴拉奥问道,
As if we learn nothing from one crisis to another?
好像我们没有从一次经济危机到另一次经济危机中什么都没有学到?
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