许多国家政府已终止了一些有关资本、劳动力和商品跨境流动的监管措施,但效果不佳。
Many governments have put an end to some of the regulations on cross-border flows of capital, labour and goods, with poor results.
但是大量的事实证明,监管也会产生适得其反的效果:例如,永久性地禁止空头卖跌会使得市场更加弱不禁风。
But there are plenty of examples where regulation could be counter-productive: a permanent ban on short-selling, for instance, would make markets more volatile.
在1970年代与1980年代,监管机构还担心通胀效果或贸易逆差。
In the 1970s and 1980s, they might have worried about the effect on inflation or the trade deficit.
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