investment drop-off, in particular competitive pressures from the People's Republic of China and heightened risk and uncertainty …A key legacy of the Asian financial crisis of 1997-1998 is a sustained drop-off in the investment rates of East Asian … countries that were hardest hit by the crisis. We first review the stylized facts of investment in those countries, and then …

technical assistance and promote private sector investment that benefits the poor and lower-income groups in Asia and the …