Mitigating the Social Costs of the Asian Crisis
Finance & Development, September 1998
4 Pages Posted: 4 May 2011
Date Written: September 1, 1998
A preliminary analysis of the impact of the Asian crisis shows that poverty could increase significantly in Indonesia, Korea and Thailand. The adjustment programs incorporate measures to mitigate the costs of the crisis. But if the crisis deepens, additional policy options might need to be considered.
Keywords: Asian crisis, social impact, safety net, Indonesia, Korea, Thailand
JEL Classification: I3, H5, N35
Suggested Citation: Suggested Citation