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" What is remarkable about East Asia is not that it experienced a crisis in 1997, but that it experienced so few crises over the preceding decades. By and large, developing countries have one year of negative per capita growth roughly once every three years.... "
Economic Growth in the 1990s: Learning from a Decade of Reform - Page 4
by World Bank - 2005 - 364 pages
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An East Asian Renaissance: Ideas for Economic Growth

Indermit Singh Gill, Homi J. Kharas, Deepak Bhattasali - 2007 - 386 pages
...Database, World Bank, http://www.worldbank.org/data/datapubs/datapubs.html). 2. As Joseph Stiglitz noted, "What is remarkable about East Asia is not that it experienced a crisis in 1997 but that it had experienced so few crises over the preceding three decades — two of the countries had not had...
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