Mitigating the Social Cost of the Economic Crisis and the Reform Programs in Asia
IMF Paper on Policy and Assessment, Vol. 98, No. 7, International Monetary Fund, Washington D.C. 1998
30 Pages Posted: 16 Apr 2011
Date Written: June 1, 1998
This paper presents an analysis of the social impact of the economic crisis and reform programs in three Asian countries: Indonesia, Korea, and Thailand. The focus is on changes in real consumption expenditures arising from higher inflation and unemployment.
Keywords: poverty, social safety nets, social impact, Asia
JEL Classification: E65, H53, H55, I32
Suggested Citation: Suggested Citation