应对危机的财政刺激计划会遭遇一系列难题,①最重要的两大难题是加剧产能过剩和挤压财政空间(fiscal space)。②与其他难题相比,这两大难题在学界的讨论中较少受到关注,本文欲对此进行研究。
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The Fund argued that the less stringent target would provide fiscal space and boost economic growth.
国际货币基金组织认为较为宽松的目标会留有一些财政空间,刺激经济增长。
However, with the persistence of excess capacity globally, it is important for those countries with adequate fiscal space as well as worries about weak demand to maintain their stimulus programs.
然而,在全球持续存在产能过剩的情况下,那些具有充足财政空间并担心需求疲软的国家维持刺激计划很重要。
We must be concerned when we see evidence that plans to set aside resources and create the fiscal space to address the future health needs of the elderly are being shelved as the crisis deepens.
随着危机日益加深,当我们看到计划划拨资源,创造财政空间以解决老年人未来的卫生需求的证据被搁置一旁时,我们必须对之加以关注。
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