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How is the Global Recession Impacting on Poverty and Social Spending? An ex ante assessment methodology with applications to developing Asia

Author

Listed:
  • Francisco, Ruth
  • Wan, Guanghua

Abstract

The global economic recession is severely affecting Asian economies. Timely assessment of the economic and social impacts is critical to the formulation and implementation of policy responses. This paper presents a simple methodology of ex ante impact assessment, focusing specifically on how the global recession will affect poverty and social expenditures in developing Asian countries. This involves two steps: first, to gauge how the crisis will affect national and household incomes; and, second, to assess how the income effects are transmitted to poverty and social spending.

Suggested Citation

  • Francisco, Ruth & Wan, Guanghua, 2009. "How is the Global Recession Impacting on Poverty and Social Spending? An ex ante assessment methodology with applications to developing Asia," MPRA Paper 18885, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:18885
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    File URL: https://mpra.ub.uni-muenchen.de/18885/1/MPRA_paper_18885.pdf
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    References listed on IDEAS

    as
    1. Qin, Duo & Cagas, Marie Anne & Quising, Pilipinas & He, Xin-Hua, 2006. "How much does investment drive economic growth in China?," Journal of Policy Modeling, Elsevier, vol. 28(7), pages 751-774, October.
    2. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "Is the 2007 U.S. Sub-Prime Financial Crisis So Different? An International Historical Comparison," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 56(3), pages 291-299, September.
    3. Reinhart, Carmen, 2008. "Eight Hundred Years of Financial Folly," MPRA Paper 11864, University Library of Munich, Germany.
    4. Yi Wu, 2005. "Growth, Expansion of Markets, and Income Elasticities in World Trade," IMF Working Papers 05/11, International Monetary Fund.
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    Cited by:

    1. Haughton, Jonathan & Khandker, Shahidur R., 2014. "The Surprising Effects of the Great Recession: Losers and Winners in Thailand in 2008–09," World Development, Elsevier, vol. 56(C), pages 77-92.
    2. Haughton, Jonathan & Khandker, Shahidur R., 2012. "The surprising effects of the great recession : losers and winners in Thailand in 2008-2009," Policy Research Working Paper Series 6255, The World Bank.

    More about this item

    Keywords

    social impact assessment; developing asia; global recession;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics

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