have room for manoeuvre

If the outlook does turn grim, the authorities have room for manoeuvre.

如果前景确实变黯淡，官方还有调控的空间。

Many have less room for financial manoeuvre owing to the after-effects of the post-2008 easing, including higher levels of credit, fears of real estate bubbles and bad loans, and a legacy of unprofitable boom-time investments.

2008年以后的信贷宽松带来一系列后续影响，包括信贷水平高企，人们担忧房地产泡沫和不良贷款问题，以及经济过热期的投资项目盈利能力不足等，受此影响，很多新兴市场国家的货币政策操作空间缩小。

The surplus countries have the biggest room for manoeuvre.

顺差国家的操作空间最大。

As I see it, Lisa, you don't really have a great deal of room for manoeuvre.

据我看,莉萨,你其实没有多少回旋的余地。

It is true, as Clive crook points out, that the US authorities would have more room for manoeuvre if there were a congressional agreement on the long-term budgetary problem, but they have not done too badly as it is.

正如克莱夫克鲁克（clive crook）所指出的那样，如果美国国会就长期预算问题达成一致，政府诚然将会有更多回旋余地，但实际上它们做得不算太糟。

These countries now have more room for manoeuvre in the face of a deterioration in economic conditions.

面对经济形势的恶化，新兴市场国家眼下拥有更大的回旋余地。

US policymakers do, however, have room for manoeuvre: lower interest rates and even a fiscal boost would follow economic weakness.

不过，美国决策者的确拥有行动的空间：在经济走软后下调利率，甚至施行财政刺激措施。

Some countries still have room for fiscal manoeuvre.

一些国家仍有财政调整的空间。

But if all goes well, Greece will have finally gained some room for manoeuvre.

但如果一切顺利的话，希腊最终将赢得一些腾挪空间。

Yet government officials know they have limited room for manoeuvre.

但政府官员们知道，他们的运作空间非常有限。

These countries have far less fiscal room for manoeuvre than rich economies.

这些国家的财政动员空间比发达国家要小得多。

But the energy imperative is such that politicians actually have very little room for manoeuvre.

但是，对能源的需求如此紧迫，政治家们没有多少回旋的余地。

Countries such as India, with a weak fiscal position and rising current account deficit, have less room for manoeuvre.

而像印度这样财政实力薄弱、经常账户赤字不断扩大的国家，回旋余地则比较小。

The third reason for thinking that reform will be better balanced with growth next year is that Beijing should have more room for manoeuvre in 2015.

认为明年改革与增长将更加平衡的第三个理由是，北京方面在2015年应会有更大的运作空间。

Few governments have room for manoeuvre through an old-fashioned counter-cyclical fiscal stimulus.

二是几乎没有哪国政府拥有通过传统的反周期财政刺激措施进行操作的空间。

Others, like Germany, the US and Japan have more room for manoeuvre.

其他国家，如德国、美国和日本，则有更大的回旋余地。