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The Social Impact of the Asian Financial Crisis (Hardcover)
Loot Price: R3,373
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The Social Impact of the Asian Financial Crisis (Hardcover)
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This volume presents a scholarly insider's perspective on the Asian
economic crisis, examining the social, economic and political
consequences of the crisis in six influential Asian economies:
Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand.
Each chapter contains an analysis of the events leading up to and
during the crisis, the social impacts and an assessment of possible
futures for these countries. The contributors expertise and use of
up-to-date data ensures an integrated approach by which the process
of economic change can be understood.The book reveals that
professional workers in the urban financial sector, as well as
manual labourers in the export sector, felt the most dramatic
effects. Impacts on the latter group resulted in a significant rise
in the population living below the poverty line. The book
emphasises the previous absence of strong social security 'nets'
and the need to strengthen macroeconomic policies and
institutional, legal, regulatory and supervisory structures. Other
topics covered include intractable government corruption and fiscal
management. The Social Impact of the Asian Financial Crisis has a
unique perspective that will ensure greater understanding of the
causes and consequences of the crisis in six major economies and as
such will appeal to academics, researchers and policymakers
involved in Asian politics and development economics.
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