This paper presents a preliminary analysis of the likely social impact of the economic crisis and the reform programs in three Asian countries—Indonesia, Korea, and Thailand. The focus is on likely changes in real consumption expenditures arising from higher inflation and increases in...

This paper presents an analysis of the social impact of the economic crisis and reform programs in three Asian countries: Indonesia, Korea, and Thailand. The focus is on changes in real consumption expenditures arising from higher inflation and unemployment

A preliminary analysis of the impact of the Asian crisis shows that poverty could increase significantly in Indonesia, Korea and Thailand. The adjustment programs incorporate measures to mitigate the costs of the crisis. But if the crisis deepens, additional policy options might need to be...