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liberalization in developing countries had been accompanied by boom and bust cycles where upper—income groups benefited most from the booms and lower—income groups were most hurt by the extreme demand compression policies and higher inflation associated with busts.
发展中国家的自由化伴随着大起大落的循环,高收入群体从繁荣中获益最大,而与衰落相连的极度压缩需求政策和较高通货膨胀对低收入群体的伤害最深。