巴基斯坦中央银行副行长Ashraf Mahmood Wathra在发言中指出,全球金融危机使得大多数新兴市场经济体在近期遭遇了严峻的经济挑战。一是危机的范围更广,影响更深、更加复杂。特别是依靠出口的新兴市场,由于发达经济体需求和出口下降,导致电子产品以及其他劳动密集型产品出口收益率降低,失业率上升,工资、消费和生活福利下降。二是外资流人有所减少,外汇市场面临更大的压力。三是全球危机导致国际大宗商品价格的大幅波动,对货币管理,特别是通胀管理和通胀预期的管理带来了挑战。 Ashraf Mahmood Wathra, Deputy Governor of the Central Bank of Pakistan, said in his speech that the global financial crisis has caused most emerging market economies to experience severe economic challenges in the near future. First, the crisis is broader, more profound and more complex. In emerging markets, in particular, relying on exports, as the demand and exports of the advanced economies decline, the export yields of electronic products and other labor-intensive products have dropped, the unemployment rate has risen, and wages, consumption and living allowances have dropped. Second, the flow of foreign capital has been reduced, and the foreign exchange market is under greater pressure. Third, the global crisis has led to large fluctuations in international commodity prices and posed challenges to the management of monetary management, especially inflation management and inflation expectations.