That export performance of the Brics has beendisappointing in recent years is well known. What hasn’t been appreciated is the extraordinary lengths the governments of Brazil, Russia, India, China and South Africa have gone to boost their exports. Indeed, once such initiatives are taken into account, recent export performance is cast in a worse light, raising the question—is the Brics competitiveness problem worse than previously thought?
众所周知,近年来金砖国家(Brics)在出口方面的表现令人失望。人们没有充分了解的是,这五个国家的政府为促进出口做出了巨大努力。事实上,一旦把这些政府采取的措施考虑进来,金砖国家近年的出口表现看上去就更加糟糕了。这便引发了一个问题——金砖五国的出口竞争力难道比预想的还要糟糕吗?
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