How is the Global Recession Impacting on Poverty and Social Spending? An Ex Ante Assessment Methodology with Applications to Developing Asia

ADB Sustainable Development Working Paper Series No.8

35 Pages Posted: 2 Dec 2009

See all articles by Guanghua Wan

Guanghua Wan

Asian Development Bank Institute

Ruth H. Francisco

University of the Philippines, Diliman - School of Economics; Asian Development Bank

Date Written: August 2009

Abstract

The global economic recession is severely affecting Asian economies. Timely assessment of the economic and social impacts is critical to the formulation and implementation of policy responses. This paper presents a simple methodology of ex ante impact assessment, focusing specifically on how the global recession will affect poverty and social expenditures in developing Asian countries. This involves two steps: first, to gauge how the crisis will affect national and household incomes; and, second, to assess how the income effects are transmitted to poverty and social spending.

Suggested Citation

Wan, Guanghua and Francisco, Ruth H., How is the Global Recession Impacting on Poverty and Social Spending? An Ex Ante Assessment Methodology with Applications to Developing Asia (August 2009). ADB Sustainable Development Working Paper Series No.8. Available at SSRN: https://ssrn.com/abstract=1512995 or http://dx.doi.org/10.2139/ssrn.1512995

Guanghua Wan

Asian Development Bank Institute ( email )

6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines

Ruth H. Francisco (Contact Author)

University of the Philippines, Diliman - School of Economics ( email )

Encarnacion Hall
F. M. Guerrero corner S. Osmena Sts
U.P. Diliman, Quezon City
Philippines

Asian Development Bank ( email )

6 ADB Avenue, Mandaluyong City 1550
Metro Manila
Philippines

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