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

Author

Listed:
  • Nicola Jones
  • Hannah Marsden

    (Overseas Development Institute(ODI))

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.

Suggested Citation

  • Nicola Jones & Hannah Marsden, 2010. "Assessing the Impacts of and Response to the 1997-98 Asian Financial Crisis through a Child Rights Lens," Working papers 1002, UNICEF,Division of Policy and Strategy.
  • Handle: RePEc:uce:wpaper:1002
    as

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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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    References listed on IDEAS

    as
    1. Sung Jin Kang & Yasuyuki Sawada, 2008. "Credit Crunch And Household Welfare, The Case Of The Korean Financial Crisis," The Japanese Economic Review, Japanese Economic Association, vol. 59(4), pages 438-458.
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    4. 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.
    5. 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.
    6. 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.
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    12. World Bank, 2000. "Malaysia Public Expenditures : Managing the Crisis; Challenging the Future," World Bank Other Operational Studies 15186, The World Bank.
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    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

    JEL classification:

    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • H5 - Public Economics - - National Government Expenditures and Related Policies
    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs

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