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Assessing the Impacts of and Response to the 1997-98 Asian Financial Crisis through a Child Rights Lens

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  • Nicola Jones
  • Hannah Marsden

    (Overseas Development Institute(ODI))

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    Abstract

    The 'miracle' of East Asia and economic growth was brought to a standstill when the Asian financial crisis hit in 1997, unleashing a range of economic, political and social consequences across the region and exposing this transformation as fragile and unstable. This working paper examine the macro-micro impacts of the 1990s crisis in order to assesst he impact pathways through which macroeconomic shocks affected children, youth and caregivers, and the extent to which different packages of economic and social policy responses mitigated the negative impacts on child well-being. If focuses on four countries most affected by the crisis: Indonesia, South Korea, Malaysia and Thailand.

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    File URL: http://www.unicef.org/socialpolicy/files/Assessing_the_Impacts_of_the_97_98_Asian_Crisis.pdf
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    Bibliographic Info

    Paper provided by UNICEF,Division of Policy and Strategy in its series Working papers with number 1002.

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    Length: 127 pages
    Date of creation: 2010
    Date of revision:
    Handle: RePEc:uce:wpaper:1002

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    Related research

    Keywords: Asian financialcrisis; public expenditures; child rights; macroeconomics impacts; microeconomic impacts; social spending; crisis recovery; poverty; social protection;

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    References

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    1. Das, Jishnu & Do, Quy-Toan & Friedman, Jed & McKenzie,David, 2008. "Mental health patterns and consequences : results from survey data in five developing countries," Policy Research Working Paper Series 4495, The World Bank.
    2. Lisa Cameron, 2001. "The Impact Of The Indonesian Financial Crisis On Children: An Analysis Using The 100 Villages Data," Bulletin of Indonesian Economic Studies, Taylor & Francis Journals, vol. 37(1), pages 43-64.
    3. Ferreira, Francisco & Prennushi, Giovanna & Ravallion, Martin, 1999. "Protecting the poor from macroeconomic shocks," Policy Research Working Paper Series 2160, The World Bank.
    4. Fabrizio Bresciani & Gershon Feder & Daniel O. Gilligan & Hanan G. Jacoby & Tongroj Onchan & Jaime Quizon, 2002. "Weathering the Storm: The Impact of the East Asian Crisis on Farm Households in Indonesia and Thailand," World Bank Research Observer, World Bank Group, vol. 17(1), pages 1-20.
    5. Chris Manning, 2002. "Structural Change, Economic Crisis and International Labour Migration in East Asia," The World Economy, Wiley Blackwell, vol. 25(3), pages 359-385, 03.
    6. World Bank, 2000. "Malaysia Public Expenditures : Managing the Crisis; Challenging the Future," World Bank Other Operational Studies 15186, The World Bank.
    7. Block, Steven A. & Kiess, Lynnda & Webb, Patrick & Kosen, Soewarta & Moench-Pfanner, Regina & Bloem, Martin W. & Peter Timmer, C., 2004. "Macro shocks and micro outcomes: child nutrition during Indonesia's crisis," Economics & Human Biology, Elsevier, vol. 2(1), pages 21-44, March.
    8. Duncan Thomas, 2008. "Psychological Health Before, During, and After an Economic Crisis: Results from Indonesia, 1993--2000," World Bank Economic Review, World Bank Group, vol. 23(1), pages 57-76, November.
    9. Edmonds, Eric & Turk, Carrie, 2002. "Child labor in transition in Vietnam," Policy Research Working Paper Series 2774, The World Bank.
    10. Dhanani, Shafiq & Islam, Iyanatul, 2002. "Poverty, Vulnerability and Social Protection in a Period of Crisis: The Case of Indonesia," World Development, Elsevier, vol. 30(7), pages 1211-1231, July.
    11. Elizabeth Frankenberg & Duncan Thomas & Kathleen Beegle, 1999. "The Real Costs of Indonesian Economic Crisis: Preliminary Findings from the Indonesia Family Life Surveys," Working Papers 99-04, RAND Corporation Publications Department.
    12. Asep Suryahadi & Sudarno Sumarto & Lant Pritchett, 2003. "Evolution of Poverty During the Crisis in Indonesia," Asian Economic Journal, East Asian Economic Association, vol. 17(3), pages 221-241, 09.
    13. Lisa A. Cameron, 2001. "An Analysis of the Role of Social Safety Net Scholarships in Reducing School Drop-Out during the Indonesian Economic Crisis," Innocenti Working Papers inwopa01/11, UNICEF Innocenti Research Centre.
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