随着消费者支出下降，外部失衡已经消褪。
As consumer spending has slumped, the external imbalances have shrivelled.
经济中最突出的问题是外部失衡不断加剧。
The most serious problem was the worsening of external unbalance.
难题是如何在不产生外部失衡的前提下矫正内部失衡的问题。
The task is to right these internal imbalances without recreating the external ones.
中国经济近年来呈现出比较明显的外部失衡和内部失衡，这与人民币汇率低估不无关系。
Chinese economy has been in a state of external and internal imbalances for some years, which has something to do with the undervaluation of renminbi (RMB).
这给中国当前的经济外部失衡提供了一个比较好的解释，本文也依此提出了相应的政策建议。
This gives a good explanation to China's current economic external imbalance, and we also provide the corresponding policy recommendations.
种种大规模的全球性外部失衡和它们所造成的同等规模的资金流动量，构成市场不稳定的另一个潜在来源。
The large global external imbalances and the equally sizable flows they engender pose another potential source of market instability.
目前美国的外部失衡已相当严重，一旦它认为这种失衡对其经济增长、就业或估值效应造成了不利冲击时，就可能启用季风型危机传播手段。
When the effects seriously aggravate the disequilibrium in the Balance of Payments of those countries, currency crisis will break out. With serious external disequilibrium at present time, U.
外生的区位失衡指的是各种外部条件，如自然资源、劳动力、政策等等会打破企业既有的区位均衡。
The external unequilibrium means that some external environment such as natural resources, labor, and policies would "destroy" the original location equilibrium.
不幸的是，正如我们长期以来所知道的，请求改变影响全球“失衡”政策的外部压力，不会对两类国家产生影响：一类是全球要害货币的发行国；
Unfortunately, as we have also long known, two classes of countries are immune to external pressure to change policies that affect global "imbalances": one is the issuer of the world's key currency;
不幸的是，正如我们长期以来所知道的，请求改变影响全球“失衡”政策的外部压力，不会对两类国家产生影响：一类是全球要害货币的发行国；
Unfortunately, as we have also long known, two classes of countries are immune to external pressure to change policies that affect global "imbalances": one is the issuer of the world's key currency;
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