Social Consequences of the Financial Crisis in Asia

J.C. Knowles and 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.

Keywords: MONETARY CRISIS; ASIA; SOCIAL WELFARE (search for similar items in EconPapers)
JEL-codes: F30 O53 D60 I30 (search for similar items in EconPapers)
Date: 1999
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