Asia 2000 Executive Director Philip Gibson in a recent speech pointed to the fundamental strengths of Asian countries, in terms of their cohesiveness, willingness to save and invest, commitment to improvement, especially through education, and commitment to recovery.
All BIS Review 83/1998  -6-  of those qualities are evident, and all will be necessary over the next couple of years as recovery takes root. To my mind, there are two key lessons emerging from the Asian experience, and these are now being reinforced by events elsewhere around the world.