After a decade of infatuation, investors have suddenly turned their backs on emerging markets. In the Bric countries – Brazil, Russia, India and China – growth rates have quickly fallen and current account balances have deteriorated. The surprise is not that the romance is over but that it could have lasted for so long.
在十年的熱捧之后，投資者突然開始冷落新興市場。“金磚四國”——巴西、俄羅斯、印度、中國——經(jīng)濟(jì)增長率急劇下降，經(jīng)常賬戶惡化。令人驚奇之處不是蜜月的結(jié)束，而是它竟然能持續(xù)如此之久。
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