For instance, the ratio of euro area investment to GDP is still more than 3 percentage points below its pre-crisis peak level. This phenomenon of economic growth remaining weak in the aftermath of banking crises has been well documented.
While the share of regional trade in total trades in Asia and the Pacific, by the way, in my speech this morning, Asia and the Pacific refer to 12 ACC members of the region, has generally maintained a high level of around 49% for the past ten years, the degree of capital integration is low, with the share of regional portfolio investment running at only around 10%.