英语翻译It is interesting to note in Figure 3 that when it comes to banking crises,the emergingmarkets,particularly those in Asia,seem to do better in terms of unemployment than dothe advanced economies.While there are well-known data issues in c

英语翻译It is interesting to note in Figure 3 that when it comes to banking crises,the emergingmarkets,particularly those in Asia,seem to do better in terms of unemployment than dothe advanced economies.While there are well-known data issues in c
英语翻译
It is interesting to note in Figure 3 that when it comes to banking crises,the emerging
markets,particularly those in Asia,seem to do better in terms of unemployment than do
the advanced economies.While there are well-known data issues in comparing unemployment rates across countries,3 the relatively poor performance in advanced
countries suggests the possibility that greater (downward) wage flexibility in emerging
markets may help cushion employment during periods of severe economic distress.The
gaps in the social safety net in emerging market economies,when compared to industrial
ones,presumably also make workers more anxious to avoid becoming unemployed.
Figure 4 looks at the cycles in real per capita GDP around banking crises.The
average magnitude of the decline,at 9.3 percent,is stunning.Admittedly,for the post–
World War II period,the declines in real GDP are smaller for advanced economies than
for emerging market economies.A probable explanation for the more severe
contractions in emerging market economies is that they are prone to abrupt reversals in
the availability of foreign credit.When foreign capital comes to a “sudden stop,” to use
the phrase coined by Guillermo Calvo,Alejandro Izquierdo,and Rudy Loo-Kung (2006),
economic activity heads into a tailspin.Compared to unemployment,the cycle from peak to trough in GDP is much shorter,
only two years.Presumably,this is partly because potential GDP growth is positive,and
we are measuring only absolute changes in income,not gaps relative to potential output.
Even so,the recessions surrounding financial crises have to be considered unusually long
compared to normal recessions that typically last less than a year.5 Indeed,multiyear
recessions typically only occur in economies that require deep restructuring,such as Britain in the 1970s (prior to Thatcher),Switzerland in the 1990s,and Japan post-1992
(the latter not only due to its financial collapse,but also due to the need to reorient the
economy in light of China’s rise).Banking crises,of course,usually require painful
restructuring of the financial system,and so are an important example of this general
principle.

英语翻译It is interesting to note in Figure 3 that when it comes to banking crises,the emergingmarkets,particularly those in Asia,seem to do better in terms of unemployment than dothe advanced economies.While there are well-known data issues in c
有趣的是,在图3注意,当涉及到银行危机,新兴
市场,特别是亚洲的,似乎在失业方面做更好的比
先进经济体.虽然在不同国家的失业率比较,3先进的性能相对较差众所周知的数据问题
国家提出的可能性较大（向下）工资灵活性新兴
市场可能有助于在严重经济困难时期缓冲就业.该
在社会安全网的差距在新兴市场经济体相比,工业
的,想必也令工人更渴望避免成为失业者.
图4看起来大约银行业危机的人均实际国内生产总值周期.该
平均下降幅度在百分之9.3,是惊人的.诚然,为后
二战期间,实际国内生产总值的跌幅是小于发达经济体
对新兴市场经济体.一个可能的解释,对于较为严重
在新兴市场经济体的收缩是他们容易在突然逆转
外国信贷.当外国资本来到一个“突然停止,”使用
由吉列尔莫卡尔沃,亚历杭德罗伊斯基耶多,和鲁迪卢功（2006年）创造了一句,
经济活动进入一个tailspin.Compared首长失业,从高峰到低谷的GDP周期大为缩短,
只有两年.据推测,这部分是因为潜在GDP增长是积极的,
我们唯一的收入是衡量绝对变化,而不是相对于潜在产出的差距.
即便如此,周围的金融危机的衰退,必须考虑过长
比较正常的经济衰退,通常持续超过一year.5的确少,多年
经济衰退通常只发生在经济结构调整,需要深如英国在20世纪70年代（之前撒切尔夫人）,瑞士在20世纪90年代,与日本邮政- 1992
（不仅因为它的金融崩溃后者,而且由于需要重新调整
在中国崛起的光经济）.银行危机,当然,通常需要痛苦
重组金融体系等都是这方面的一个重要的例子一般

are you ask people to do your job for you? this is a presentation about unemployee causes and condition! sorry man, got something better to do, besides, this is really difficult translation, please help yourself use the translation tool and edit it after. good luck!

有趣的是,要注意图3,当涉及的银行危机,出现了
市场,特别是亚洲,好像做更好的条件的失业相比
先进的经济。虽然有著名的数据问题失业率比较各国,3较差的表现在先进
国家提出一种可能,更大的(下)工资灵活的出现
市场可能帮助垫期间就业严重的经济不景气。这
社会保障体系的间隙新兴市场经济国家的患者相比,产业
大概也使工人的更热衷于避...

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有趣的是,要注意图3,当涉及的银行危机,出现了
市场,特别是亚洲,好像做更好的条件的失业相比
先进的经济。虽然有著名的数据问题失业率比较各国,3较差的表现在先进
国家提出一种可能,更大的(下)工资灵活的出现
市场可能帮助垫期间就业严重的经济不景气。这
社会保障体系的间隙新兴市场经济国家的患者相比,产业
大概也使工人的更热衷于避免成为失业。
图4看周期在实际人均国内生产总值(GDP)在银行危机。这
平均幅度的下降,在93个百分点,却是美不胜收。诚然,因为邮报-
第二次世界大战期间,实际国内生产总值的下跌的发达经济体小
对新兴市场经济国家。一个可能的解释更严重
新兴市场经济国家的收缩是它们很容易突然逆转
国外信用的可用性。在外国资本来是突然停止,”的使用
这个短语研究杜撰,亚历杭德罗,Izquierdo卡和鲁迪Loo-Kung(2006),
经济活动的头陷入一片混乱失业相比,这个周期从顶点到槽的国内生产总值也短得多,
只有两年。据推测,部分原因是潜在的GDP增长为阳性,
我们测量只有绝对的收入变化相对间隙,潜在产出。
尽管如此,衰退周围的金融危机不寻常的长时间考虑
典型的经济衰退与正常相比去年不到一year.5的确,多年
经济衰退通常只出现在经济,需要深入的重组,如英国在20世纪70年代之前,撒切尔),瑞士在20世纪90年代,日本post-1992
(后者不仅仅是因为其金融崩溃的事件,但也由于t

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