任何两个国家之间汇率(或相对价格)的调整，都非治愈全球经济结构性失衡的万能药。
Currency, or relative price, adjustments between any two nations are not a panacea for structural imbalances in the global economy.
忽视了贪婪的借款人，午睡的监管者或失衡的全球经济。
Forget greedy borrowers, napping regulators or global economic imbalances.
从宏观层面来看，全球经济仍处于失衡之中。
From a macro point of view, we still have an unbalanced global economy.
人口年龄层失衡的问题，将比全球经济衰退更严重。
It is a crippling population problem that could be worse than any global economic slowdown.
不利的风险一方面在于全球经济的走势和失衡问题以及可能影响欧元区的溢出效应。
On the one hand, these risks relate to developments and imbalances in the global economy and their possible spillovers to the euro area.
同时，全球经济存在严重的失衡，并可能对欧元区经济产生溢出效应，这依然是影响经济增长的一个重要风险。
In addition, imbalances in the global economy and their potential spillover to the euro area economy remain a significant source of risk to growth.
同时，全球经济存在严重的失衡，并可能对欧元区经济产生溢出效应，这依然是影响经济增长的一个重要风险。
In addition, imbalances in the global economy and their potential spillover to the euro area economy remain a significant source of risk to growth.
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