Another reason to expect an upturn is that monetary and fiscal policy are working flat out to revive the economy.

另一个另人们期待经济上扬的原因是，货币和财政政策正在竭尽全力振兴经济。

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Mr Dudley implicitly defends America's lax fiscal policy for the same reason: smaller budget deficits would have led to higher unemployment and lower inflation.

达德利同时以同样的理由为美国的宽松的财政政策作辩解暗示如果不实行宽松的财政政策将会导致更多的失业人数以及更低的通货膨胀率。

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A second reason for expecting a stronger bounce is that fiscal stimulus in Asia is bigger than in other regions (see chart).

预计会强烈反弹的第二个原因是亚洲扩张性财政政策力度比其他地区要强(见图)。

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The question is whether fiscal tightening is the reason.

ECONOMIST: On course, probably

China's readiness to use fiscal lubrication is the best reason for hoping that its economic motor will not stall.

ECONOMIST: China is pretty well placed to cushion a global downturn

Of course, the states' fiscal problems were only one reason for this turnabout.

ECONOMIST: State budgets