Global Exchange and Poverty Trade, Investment and Migration Edited by Robert E.B.Lucas Professor of Economics, Boston University, USA Lyn Squire" Past President, Global Development Network, New Delhi, India T.N. Srinivasan Samuel C. Park, Jr. Professor of Economics, Economic Growth Center,...

The 1990s have witnessed several financial crises, of which the East Asia and Mexico tequila crises are perhaps the most well-known. What impact have these crises had on labor markets, household incomes, and poverty? Total employment fell by much less than production declines and even increased...