About the product
The impact of the financial and currency crises that engulfed much of developing Asia in 1997 on the real economy became apparent in 1998. Trade within the Asia and the Pacific region and between the region and the world has shrunk and economic growth has withered as investment and consumer demand has collapsed. What the impact of the crisis will be on industrial development in the region is difficult to predict. This publication takes a look at the policy dimensions of enhancing industrial development through complementarities in trade and investment. It focuses on the role of performance requirements, investment incentives and regional and multilateral approaches to trade and investment liberalization. It also examines the prospects for industrial development in the region.
