Since the Bretton Woods system of fixed exchange rates collapsed in 1971, some of the most high-profile attempts at global co-ordination have involved trying to stabilise major currencies. But the mixed record of these ad hoc efforts gives reluctant countries such as China an excuse not to repeat them – suggesting that, for now, the Group of 20 leading nations will struggle to even try to match the role played by its predecessors, the G5 and G7.
自從1971年布列敦森林制度(Bretton Woods)之下的固定匯率制度崩潰以來,全球在協同經濟方面所做的嘗試中,最引人矚目的一些舉措都涉及穩定主要貨幣匯率。但這些臨時舉措的結果好壞參半,使得中國等不太情願的國家有理由不再重新嘗試。這意味著,就目前而言,20國集團(G20)哪怕只是試著與其前身五國集團(G5)或七國集團(G7)所扮演的角色相匹敵,也將十分困難。
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