发展资本市场：中国经济走出困境的理性选择李山一、亚洲金融危机：投资过度的苦果亚洲金融危机的本质是投资过度。投资过度给这些国家带来了两个方面的问题：一方面是过分依赖外资，虽然亚洲国家大都有较高的储蓄率，但由于投资增长过快，使国内储蓄与投资之间的缺口不... Developing the Capital Market: A Rational Choice for China’s Economy to Get Out of Difficult Problems  LI Shan-yi, Asian Financial Crisis: Bittersweet Investment The essence of the Asian financial crisis is overinvestment. Overinvestment has brought two problems to these countries. On the one hand, it is over-reliance on foreign capital. Although most Asian countries have higher savings rates, the gap between domestic savings and investment will not be widened because of excessive investment growth. ..