The Asian Recession and Northern Labour Markets

Yong Yang and Rodney Tyers

Working Papers from Australian National University - Department 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: E00 J31 J64 (search for similar items in EconPapers)
Pages: 29 pages
Date: 1999
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Journal Article: The Asian Recession and Northern Labour Markets (2004)
Working Paper: The Asian Recession and Northern Labour Markets (1999)
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Persistent link: https://EconPapers.repec.org/RePEc:fth:aunaec:372

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