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Social Consequences of the Financial Crisis in Asia

Author

Listed:
  • Knowles, J.C.
  • Pernia, E.M., Racelis, M.

Abstract

This paper assesses the social impact of the Asian Financial crisis, drawing on the results of studies in six countries, namely, Indonesia, Republic of Korea, Lao People's Democratic Republic, Malaysia, Philippines, and Thailand. The impacts appear to be less than were anticipated early in the crisis. However, it seems to early to draw conclusions about the eventual social consequences.

Suggested Citation

  • Knowles, J.C. & Pernia, E.M., Racelis, M., 1999. "Social Consequences of the Financial Crisis in Asia," Papers 60, Asian Development Bank.
    • Handle: RePEc:fth:asdbed:60
    as

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    More about this item

    Keywords

    MONETARY CRISIS ; ASIA ; SOCIAL WELFARE;
    All these keywords.

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • D60 - Microeconomics - - Welfare Economics - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

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