IMF经常迫使借款方削减开支或提高利率，即使这样做会加剧经济低迷，不过，该组织已采取措施保护一些针对穷国的救助项目。

The IMF often forces other borrowers to cut spending or raise interest rates even if that deepens a downturn, though the IMF has taken steps to protect some programs for the poor.

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过于严格的规则体系可能导致经济低迷时期的政策趋紧，但对经济周期不加干预也可能导致波动加剧，英国的财政混乱就是一个例子。

Overly rigid rules may spur tighter policy in a slump, but allowing for the cycle can leave too much wriggle room, as Britain's fiscal mess shows.

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