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The Social Impact of the Asian Financial Crisis

The Social Impact of the Asian Financial Crisis PDF Author: Yunpeng Zhu
Publisher: Edward Elgar Publishing
ISBN: 9781782541943
Category : Business & Economics
Languages : en
Pages : 280

Book Description
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.

The Social Impact of the Asian Financial Crisis

The Social Impact of the Asian Financial Crisis PDF Author: Yunpeng Zhu
Publisher: Edward Elgar Publishing
ISBN: 9781782541943
Category : Business & Economics
Languages : en
Pages : 280

Book Description
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.

The Asian Financial Crisis

The Asian Financial Crisis PDF Author: Eddy Lee
Publisher: International Labour Organization
ISBN: 9789221108504
Category : Asia
Languages : en
Pages : 112

Book Description
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 Social Impact of the Asia Crisis

The Social Impact of the Asia Crisis PDF Author: Tran Van Hoa
Publisher: Springer
ISBN: 0333978013
Category : Business & Economics
Languages : en
Pages : 171

Book Description
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.

Social Consequences of the Financial Crisis in Asia

Social Consequences of the Financial Crisis in Asia PDF Author: James C. Knowles
Publisher:
ISBN: 9780756702397
Category :
Languages : en
Pages : 79

Book Description
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.

Social Implications of the Asian Financial Crisis

Social Implications of the Asian Financial Crisis PDF Author:
Publisher:
ISBN: 9788980630523
Category : Asia
Languages : en
Pages : 504

Book Description


The Social Impact of the Asian Financial Crisis

The Social Impact of the Asian Financial Crisis PDF Author:
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 80

Book Description


The Causes and Impact of the Asian Financial Crisis

The Causes and Impact of the Asian Financial Crisis PDF Author: C. Harvie
Publisher: Springer
ISBN: 0333982940
Category : Business & Economics
Languages : en
Pages : 243

Book Description
As witness to one of the world's great crises in recent times, academics and students, business people, national and international government analysts, policy makers and political leaders worldwide have been pre-occupied by an effort to adequately unravel or sufficiently understand the factors that have brought about the so-called Asian financial, currency or economic crisis and hopefully to find plausible cures or solutions to it. This book examines the impact of economic globalization in developing economies and it applies empirical studies of all of the major countries to theoretical perspectives on the crisis.

The Impact of the Economic Crisis on East Asia

The Impact of the Economic Crisis on East Asia PDF Author: Daigee Shaw
Publisher: Edward Elgar Publishing
ISBN: 0857931709
Category : Business & Economics
Languages : en
Pages : 233

Book Description
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.

The Politics of the Asian Economic Crisis

The Politics of the Asian Economic Crisis PDF Author: T. J. Pempel
Publisher: Cornell University Press
ISBN: 1501729373
Category : Political Science
Languages : en
Pages : 304

Book Description
In the summer of 1997, a tidal wave of economic problems swept across Asia. Currencies plummeted, banks failed, GNP stagnated, unemployment soared, and exports stalled. In short, the vaunted "Asian Economic Miracle" became the "Asian Economic Crisis"—with serious repercussions for nations and markets around the world. While the headlines are still fresh, a group of experts on the region presents the first account to focus on the political causes and implications of the crisis. The events of 1997–98 involved not just property values, financial flows, portfolio makeup, and debt ratios, they argue, but also the power relationships that shaped those economic indicators.As they examine the domestic, regional, and international politics that underlay the economic collapse, the authors analyze the reasons why the crisis affected the nations of Asia in radically different ways. The authors also consider whether the crisis indicates a radical change in Asia's economic future.

Social Impact of the Global Financial Crisis in the Philippines

Social Impact of the Global Financial Crisis in the Philippines PDF Author: Arsenio M. Balisacan
Publisher: Asian Development Bank
ISBN: 9290921943
Category : Business & Economics
Languages : en
Pages : 151

Book Description
Anecdotal evidence permeates accounts on the impact of the global economic crisis on Philippine poverty. This study systematically assesses the evidence and recent data. It adopts a somewhat eclectic approach as applying regression and decomposition techniques to trace the impact of the global economic crisis on gross domestic product and its major components, constructing panel data from nationally representative household surveys to trace the changes in household welfare during the crisis, and combining national income accounts and household survey data to simulate the differential effects of the crisis across population groups and social divides. Empirical findings suggest that although the Philippine economy did not slide to recession during the crisis, its impact on the economy and poverty across population groups was nonetheless severe---and may linger for many years to come.