Advanced Search
MyIDEAS: Login to save this paper or follow this series

The role of employment and work in poverty eradication and empowerment and advancement of women

Contents:

Author Info

  • Singh, Ajit

Abstract

Abstract The Asian economic crisis which began with the floating of the bhat by Thailand on July 1 1997 is still having devastating effects on the livelihood and the well being of millions of people in many parts of the world. The financial crisis spread from Thailand to other Asian countries, subsequently to Russia and more recently to Brazil. Fortunately, timely and decisive action by the US Federal Reserve last autumn (instituting three successive reductions in interest rates) has enabled advanced countries to escape the crisis so far. Nevertheless it is estimated by the World Bank that as a consequence of the crisis the rate of growth of world GDP is 2 percentage points lower both in 1998 and in 1999 than it would otherwise have been. A rough calculation shows that this amounts to a huge loss over these two years of $120 per capita in production or income for each man, woman and child in the world. This also suggests indirectly that hundreds of millions of people in poor countries who live on a dollar a day or less are likely to have become considerably poorer still as a result of the crisis.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://mpra.ub.uni-muenchen.de/53561/
File Function: original version
Download Restriction: no

Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 53561.

as in new window
Length:
Date of creation: 01 Apr 1999
Date of revision:
Handle: RePEc:pra:mprapa:53561

Contact details of provider:
Postal: Schackstr. 4, D-80539 Munich, Germany
Phone: +49-(0)89-2180-2219
Fax: +49-(0)89-2180-3900
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC

Related research

Keywords: World Bank; rate of growth of world GDP; Thailand; Asian crisis 1997- 1998; poverty; gender;

Other versions of this item:

Find related papers by JEL classification:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Ben-David, Dan, 1993. "Equalizing Exchange: Trade Liberalization and Income Convergence," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 108(3), pages 653-79, August.
  2. Steven Radelet & Jeffrey Sachs, 1998. "The Onset of the East Asian Financial Crisis," NBER Working Papers 6680, National Bureau of Economic Research, Inc.
  3. Maurice Obstfeld, 1998. "The Global Capital Market: Benefactor or Menace?," Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 9-30, Fall.
  4. Standing, Guy, 1989. "Global feminization through flexible labor," World Development, Elsevier, Elsevier, vol. 17(7), pages 1077-1095, July.
  5. Lewis, Karen K, 1996. "What Can Explain the Apparent Lack of International Consumption Risk Sharing?," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 104(2), pages 267-97, April.
  6. Panicos O. Demetriades & Philip Arestis, 1996. "Financial Development and Economic Growth: Assessing the Evidence," Keele Department of Economics Discussion Papers (1995-2001), Department of Economics, Keele University 96/16, Department of Economics, Keele University.
  7. Francisco Rodriguez & Dani Rodrik, 1999. "Trade Policy and Economic Growth: A Skeptic's Guide to Cross-National Evidence," NBER Working Papers 7081, National Bureau of Economic Research, Inc.
  8. Matthew J. Slaughter, 1998. "International Trade and Per Capita Income Convergence: A Difference-in-Differences Analysis," NBER Working Papers 6557, National Bureau of Economic Research, Inc.
  9. Levine, Ross, 1996. "Financial development and economic growth : views and agenda," Policy Research Working Paper Series 1678, The World Bank.
  10. Cagatay, Nilufer & Ozler, Sule, 1995. "Feminization of the labor force: The effects of long-term development and structural adjustment," World Development, Elsevier, Elsevier, vol. 23(11), pages 1883-1894, November.
  11. Lewis, Karen K., 1997. "Are countries with official international restrictions 'liquidity constrained'?," European Economic Review, Elsevier, Elsevier, vol. 41(6), pages 1079-1109, June.
  12. Peter Diamond & Jonathan Gruber, 1997. "Social Security and Retirement in the U.S," NBER Working Papers 6097, National Bureau of Economic Research, Inc.
  13. Karen K. Lewis, 1997. "Are Countries with Official International Restrictions "Liquidity Constrained?"," NBER Working Papers 5991, National Bureau of Economic Research, Inc.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Singh, Ajit & Zammit, Josephine Ann, 1999. "International Capital Flows: Identifying the Gender Dimension," MPRA Paper 53535, University Library of Munich, Germany.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:53561. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.