The Social Impact of the Asian Financial Crisis

The Social Impact of the Asian Financial Crisis
Author: Yunpeng Zhu
Publisher: Edward Elgar Publishing
Total Pages: 280
Release: 2001-01-01
Genre: Business & Economics
ISBN: 9781782541943

This volume presents a scholarly insider's perspective on the Asian economic crisis, examining the social, economic and political consequences of the crisis in six influential Asian economies: Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. Each chapter contains an analysis of the events leading up to and during the crisis, the social impacts and an assessment of possible futures for these countries. The contributors expertise and use of up-to-date data ensures an integrated approach by which the process of economic change can be understood. The book reveals that professional workers in the urban financial sector, as well as manual labourers in the export sector, felt the most dramatic effects. Impacts on the latter group resulted in a significant rise in the population living below the poverty line. The book emphasises the previous absence of strong social security 'nets' and the need to strengthen macroeconomic policies and institutional, legal, regulatory and supervisory structures. Other topics covered include intractable government corruption and fiscal management.

Social Consequences of the Financial Crisis in Asia

Social Consequences of the Financial Crisis in Asia
Author: James C. Knowles
Publisher:
Total Pages: 79
Release: 1999-07
Genre:
ISBN: 9780756702397

Assesses the social impact of the Asian financial crisis, drawing on the results of studies in 6 countries: Indonesia, Republic of Korea, Laos, Malaysia, Philippines, and Thailand. The impacts appear to be less than were anticipated early in the crisis. However, it seems too early to draw conclusions about the eventual social consequences. This study is an interim assessment of the social impact of the crisis, which requires further monitoring. Chapters: transmission of social impacts; prices, employment, and income; inequality and poverty; human development; social capital; environment; especially disadvantaged groups; conclusions and implications. Charts and tables.

The Social Impact of the Asia Crisis

The Social Impact of the Asia Crisis
Author: Tran Van Hoa
Publisher: Springer
Total Pages: 171
Release: 2000-11-30
Genre: Business & Economics
ISBN: 0333978013

Over the past two years, the world has been preoccupied with the Asia crisis, its contagion and its economic impact. The social dimension of the turmoil has only recently become the point of focus for debates and investigations by national and international organizations. This book is the first serious academic contribution to this important dimension and contains extensive research, sound analysis and concise presentation by national and international experts on such issues as poverty, education, training, health, nutrition and employment for a number of major economies in Asia and Oceania affected by the crisis.

The Asian Financial Crisis

The Asian Financial Crisis
Author: Eddy Lee
Publisher: International Labour Organization
Total Pages: 112
Release: 1998
Genre: Asia
ISBN: 9789221108504

This study examines the social impact of the Asian financial crisis which began in July 1997. Several countries experienced an economic shock of unprecedented severity after decades of uninterrupted growth. The severe rise in unemployment and its repercussions in the worst-affected countries (Thailand, Republic of Korea and Indonesia) overwhelmed the underdeveloped systems of social protection. Higher unemployment and inflation combined to push many people into poverty. A central policy message is that current programmes of policy and institutional reform following the crisis, should include a basic rethinking of the social dimension of the future model of development. The author also argues for the introduction of unemployment insurance, the expansion of social assistance and the strengthening of active labour market policies.

The Impact of the Economic Crisis on East Asia

The Impact of the Economic Crisis on East Asia
Author: Daigee Shaw
Publisher: Edward Elgar Publishing
Total Pages: 233
Release: 2011-01-01
Genre: Business & Economics
ISBN: 0857931709

This insightful book explores the economic conditions and policy response of four major East Asian economies in the wake of the 2008 global economic crisis. Written by a distinguished group of Asian social scientists, this study summarizes and synthesizes the economic impacts of the crisis on individual countries and their policy response over the past few years, and in particular carefully scrutinizes the immediate and remote causes of the crisis. It not only offers an assessment of the impacts of the crisis, and identifies specific country measures that can be undertaken to stabilize the situation, but also looks at the crisis from three important economic perspectives: that of a healthy fiscal system, international trade, and the energy market. This insightful research monograph will be gratefully received by academics in economics and development studies as well as public policy think tanks. Government economic planning agencies in emerging countries, as well as international economic organizations and institutions such as World Bank and United Nations will also find plenty of key insights and important information in this path-breaking book.