Author: Tran Van Hoa
Publisher: Springer
ISBN: 0333978013
Category : Business & Economics
Languages : en
Pages : 171
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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.
Author: Yunpeng Zhu
Publisher: Edward Elgar Publishing
ISBN: 9781782541943
Category : Business & Economics
Languages : en
Pages : 280
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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.
Author: Armin Bauer
Publisher:
ISBN:
Category : Asia
Languages : en
Pages : 556
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Book Description
On 28-30 September 2009, the Asian Development Bank, the governments of the People's Republic of China and Viet Nam, and the ASEAN Secretariat jointly organized a high-level Asia-wide conference in Ha Noi on the social and environmental impact of the global economic crisis on Asia and the Pacific, especially on the poor and vulnerable. The conference also served as the 3rd China-ASEAN Forum on Social Development and Poverty Reduction and as the 4th ASEAN+3 High-Level Seminar on Poverty Reduction. It was supported by various development partners. This book features selected papers from the Ha Noi conference. It is designed with the needs of policy makers in mind, utilizing field, country, and thematic background studies to cover a large number of countries and cases.
Author: T. J. Pempel
Publisher: Cornell University Press
ISBN: 1501729373
Category : Political Science
Languages : en
Pages : 304
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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.
Author: Ms.Kalpana Kochhar
Publisher: International Monetary Fund
ISBN: 1451935544
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
This paper reviews macroeconomic developments during the first year of the crisis in east Asia and draws some preliminary policy lessons. The crisis is rooted in the interaction of large capital inflows and weak private and public sector governance. At the same time, macroeconomic adjustment in these countries has resulted in some surprising outcomes, including severe economic contractions, low inflation, and rapid external adjustment. The lessons for crisis resolution include the importance of tight monetary policy early on for exchange rate stabilization, flexible fiscal policy, and comprehensive structural reform. Crises are avoided by prudent macroeconomic policies, diligent bank supervision, transparent data dissemination, strong governance, and forward-looking policymaking, even in good times.
Author: Morris Goldstein
Publisher: Peterson Institute
ISBN: 9780881322613
Category : Business & Economics
Languages : en
Pages : 236
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Book Description
The turmoil that has rocked Asian markets since the middle of 1997, and that is now having such deep effects on the economies in the region, is the third major currency crisis of the 1990s. This study explains how the Asian crisis arose and spread. It then outlines the corrective policy measures that could help end the crisis, and the shortcomings that have been revealed in the international financial system that require reform to reduce the chances of a recurrence.
Author: Stephan Haggard
Publisher: Peterson Institute
ISBN: 9780881322835
Category : Business & Economics
Languages : en
Pages : 310
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Book Description
This study not only examines the countries most severely affected by the Asian financial crisis, but also draws lessons from those whose economies escaped the worst problems. The author focuses on the political economy of the crisis, emphasizing long-standing problems and crisis management tactics.
Author: United Nations
Publisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 136
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Book Description
During 2008-2009, the world experienced its worst financial and economic crisis since the Great Depression of the 1930s. The crisis followed the effects of the food and fuel price hikes in 2007 and 2008. In 2009, global output contracted by 2 per cent. This 2011 Report on the World Social Situation reviews the ongoing adverse social consequences of these crises after an overview of its causes and transmission.
Author:
Publisher: World Bank Publications
ISBN: 9780821342992
Category : Business & Economics
Languages : en
Pages : 158
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Book Description
East Asia: The Road to Recovery carefully analyzes the events that led to the current economic crisis in East Asia, the tremendous effects the crisis has had on the Asian economies, and prospects for the region's future. Chapters in the book cover the region's trade and competitiveness; the financial sector at the center of the crisis; the corporate sector's financial performance and governance; the social crisis resulting from the financial crash; protection of the environment as well as the people; and policies for sustainable recovery. This book not only discusses how this catastrophe could ever have taken place, but more importantly, what can be done to ensure that it won't happen again.
Author: Farnsworth, Kevin
Publisher: Policy Press
ISBN: 1847428290
Category : Political Science
Languages : en
Pages : 353
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Book Description
There is no precedent to the current economic crisis which looks set to redefine social policy debate throughout the globe. But its effects are not uniform across nations. Bringing together a range of expert contributions, the key lesson to emerge from this book is that 'the crisis' is better understood as a variety of crises, each mediated by national context. Consequently, there is an array of potential trajectories for welfare systems, from those where social policy is regarded as incompatible with the post-crisis economy to those where it is considered essential to future economic growth and security.
