【Key words】 Self-Innovation; Fiscal Policy; Fiscal Output; Government Purchase; Tax System;
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With the fiscal deficit contracting and output weakening, the way out for each country would be via falling relative unit labour costs and higher net exports.
随着财政赤字的缩减,产出走弱,各国的出路只能是逐渐降低相对单位劳动力成本,提高净出口。
On the contrary, it is associated with greater output loss and increases the ultimate fiscal costs of a bailout.
相反,危机与更大的产出损失有关,而且会增加紧急状况的最终财政成本。
In the rich world the jitters of potential investors are framing today's fiscal debate, even as output remains depressed and bond yields low.
富裕国家中潜在投资者的紧张不安促成了当今产出萧条和债券收益率低迷的财政讨论。
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