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

See all articles by Zeljko Bogetic

Zeljko Bogetic

World Bank

Marijn Verhoeven

World Bank

Gerd Schwartz

International Monetary Fund (IMF) - Fiscal Affairs Department

Christian G. E. Schiller

affiliation not provided to SSRN

Sanjeev Gupta

International Monetary Fund (IMF) - Fiscal Affairs Department

C. McDonald

affiliation not provided to SSRN

Date Written: June 1, 1998

Abstract

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

Bogetic, Zeljko and Verhoeven, Marijn and Schwartz, Gerd and Schiller, Christian G. E. and Gupta, Sanjeev and McDonald, C., Mitigating the Social Cost of the Economic Crisis and the Reform Programs in Asia (June 1, 1998). IMF Paper on Policy and Assessment, Vol. 98, No. 7, International Monetary Fund, Washington D.C. 1998. Available at SSRN: https://ssrn.com/abstract=1809920

Zeljko Bogetic

World Bank ( email )

1818 H Street, N.W.
Washington, DC 20433
United States

Marijn Verhoeven

World Bank ( email )

1818 H Street, NW
Washington, DC 20433
United States

Gerd Schwartz

International Monetary Fund (IMF) - Fiscal Affairs Department ( email )

700 19th Street, NW
Washington, DC 20431
United States

Christian G. E. Schiller

affiliation not provided to SSRN

Sanjeev Gupta (Contact Author)

International Monetary Fund (IMF) - Fiscal Affairs Department ( email )

700 19th Street, NW
Washington, DC 20431
United States

C. McDonald

affiliation not provided to SSRN

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