{"id":251767,"date":"2025-12-31T12:20:48","date_gmt":"2025-12-31T04:20:48","guid":{"rendered":"https:\/\/www.hkubs.hku.hk\/research\/thought-leadership\/economic-insecurity-behind-the-macroeconomy\/"},"modified":"2025-12-31T12:30:13","modified_gmt":"2025-12-31T04:30:13","slug":"economic-insecurity-behind-the-macroeconomy","status":"publish","type":"thought-leadership","link":"https:\/\/www.hkubs.hku.hk\/sc\/research\/thought-leadership\/hkej-column\/economic-insecurity-behind-the-macroeconomy\/","title":{"rendered":"\u5b8f\u89c2\u7ecf\u6d4e\u540e\u7684\u201c\u7ecf\u6d4e\u4e0d\u5b89\u5168\u201d\u9690\u5fe7"},"content":{"rendered":"

2025\u5e74\u7684\u5168\u7403\u7ecf\u6d4e\uff0c\u4fa5\u5e78\u5730\u5728\u7279\u6717\u666e\u98a0\u8986\u6027\u7684\u5bf9\u7b49\u5173\u7a0e\u548c\u5404\u79cd\u4e0d\u786e\u5b9a\u56e0\u7d20\u7684\u5a01\u80c1\u4e0b\uff0c\u7ef4\u6301\u4e00\u5b9a\u7684\u97e7\u6027\u548c\u8fbe\u5230\u7ea62.7%\u7684\u589e\u957f\u3002\u5728\u4eca\u5929\u9001\u65e7\u8fce\u65b0\u4e4b\u65f6\uff0c\u6ce8\u610f\u529b\u81ea\u7136\u653e\u5728\u77ed\u671f\u7684\u66f4\u66ff\u53d8\u52a8\uff0c\u4f46\u4e5f\u4e0d\u80fd\u5ffd\u7565\u4e00\u4e9b\u957f\u671f\u5b58\u5728\u53ca\u79ef\u91cd\u96be\u8fd4\u7684\u95ee\u9898\uff0c\u5982\u6c14\u5019\u53d8\u5316\u3001\u6536\u5165\u4e0d\u5747\u3001\u503a\u52a1\u5371\u673a\u3001\u5730\u7f18\u51b2\u7a81\u53ca\u5404\u4e3b\u8981\u7ecf\u6d4e\u4f53\u7684\u5185\u90e8\u5931\u8861\u7b49\u3002\u8fd9\u4e9b\u95ee\u9898\u57282025\u5e74\u90fd\u6ca1\u6709\u6539\u5584\uff0c\u751a\u81f3\u8d8a\u8d8b\u4e25\u91cd\u3002<\/p>\n

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\u3010\u6ce81\u3011https:\/\/www.mckinsey.com\/mgi\/our-research\/out-of-balance-whats-next-for-growth-wealth-and-debt<\/a><\/p>\n

\u3010\u6ce82\u3011https:\/\/wir2026.wid.world\/www-site\/uploads\/2025\/12\/World_Inequality_Report_2026.pdf<\/a><\/p>\n

\u3010\u6ce83\u3011https:\/\/desapublications.un.org\/file\/21124\/download<\/a><\/p>\n

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