Jonathan Anderson of UBS suggests that the undervaluation is about 20 per cent.
瑞银集团(UBS)乔纳•安德(JonathanAnderson),人民币低估幅度约20%。
In the long term, however, the yen's huge undervaluation means that it will eventually bounce back.
从长期角度来看,对严重低估意味着它将逐渐反弹回升。
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Empirical studies suggest that undervaluation boosts growth, and more so in poor countries than in rich ones.
经验研究表明,低估促进了经增长,这一点在贫困家比在富更明显。
But part of the problem was certainly a callous undervaluation of the lives of some citizens.
但部分问题肯定是对某些活的无情低估。
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