在经历了九个连年调低GDP预期的沮丧年头之后,全球宏观经济政策制定者难以置信地摇起了头:尽管在政治方面出现了一连串民粹主义风潮,但2017年全球增长实际上好于预期。这不仅仅是美国例外论。尽管美国的增长十分强劲,但欧洲也比预期表现更好。甚至新兴市场也有好消息,它们仍在为美联储的升息做准备,但对于即将到来的调整,它们已经有了更好的底气。 Glooming after nine frustrating years of diminishing GDP expectations, global macroeconomic policy makers shook their heads with incredible incalculability: in spite of a series of populist waves of politics, global growth in 2017 was actually better than expected . This is not just American exceptionalism. Despite the very strong growth in the United States, Europe also performed better than expected. Even emerging markets have good news, and they are still preparing for the Fed’s rate hike, but they have a much better streak for the upcoming adjustment.