And some industries will shrink, especially financial services, "whose excesses need to be wrung out", admits Stuart Fraser, head of policy and resources for the City of London.

伦敦金融城政策与资源处负责人斯图亚特•弗瑞色表示，一些产业将会缩水，特别是金融服务业的“过剩部分将被淘汰”。他说：“金融城的生存依赖于竞争市场。”

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In 1998 Indonesia, Malaysia, South Korea and Thailand saw their real GDP per head shrink by an average of 11%.

在1998年印尼、马来西亚、南韩和泰国目睹了他们真实人均GDP平均缩水11%的过程。

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Another yardstick, GDP per head, takes account of the fact that America's population is rising rapidly, whereas Japan's has started to shrink.

另外一些指标，人均gdp，考虑到美国人口在迅速增长，但日本则开始减少。

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Most forecasters predict that Latin America's output will contract this year and recover only modestly next year, so income per head will shrink.

ECONOMIST: Latin America's economies

But its total head count might not shrink, because it is hiring in other areas, like technology.

WSJ: Lenders See Little Choice: Layoffs

The Old Etonian apparently due to be named as the new head of the established church has a huge, unsustainable financial deficit to shrink - which is perhaps redolent of the challenge faced by another Old Etonian who became head of government in 2010.

BBC: Holy pension hole