The Asian Recession and Northern Labour Markets

Y. Yang and Rodney Tyers

ANUCBE School of Economics Working Papers from Australian National University, College of Business and Economics, School of Economics

Abstract: As debt work-outs facilitate recovery from Asia'a recession, GDP there can be expected to rise and manufactured exports to expand. Asian imports and investment will remain low, however, as crisis-enhanced foreign debt is serviced and domestic savings continue to be sent abroad. Superficially, the surge in labour intensive manufactured exports and the associated real appreciation in the north could see northern workers disadvantaged.

Keywords: UNEMPLOYMENT; WAGES; TRADE; RECESSION (search for similar items in EconPapers)
JEL-codes: J64 J31 E00 (search for similar items in EconPapers)
Date: 1999-06
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Related works:
Working Paper: The Asian Recession and Northern Labour Markets (1999)
Journal Article: The Asian Recession and Northern Labour Markets (2004)
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