Francisco, Ruth and Wan, Guanghua (2009): How is the Global Recession Impacting on Poverty and Social Spending? An ex ante assessment methodology with applications to developing Asia. Published in: ADB Sustainable Development Working Paper Series No. 8 (August 2009)
Download (297Kb) | Preview
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.
|Item Type:||MPRA Paper|
|Original Title:||How is the Global Recession Impacting on Poverty and Social Spending? An ex ante assessment methodology with applications to developing Asia|
|English Title:||How is the Global Recession Impacting on Poverty and Social Spending? An ex ante assessment methodology with applications to developing Asia|
|Keywords:||social impact assessment; developing asia; global recession|
|Subjects:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O11 - Macroeconomic Analyses of Economic Development
C - Mathematical and Quantitative Methods > C0 - General > C02 - Mathematical Methods
|Depositing User:||Ruth Francisco|
|Date Deposited:||29. Nov 2009 12:37|
|Last Modified:||20. Feb 2013 14:42|
[ADB] Asian Development (2008) Asian Development Outlook 2009: Rebalancing Asia’s Growth, Manila, Philippines: Asian Development Bank.
Cai F, Wang D (2006) Employment growth, labour scarcity and the nature of China’s trade expansion [In: Garnaut R, Ligang S (eds.), The Turning Point in China’s Economic Development, Asia Pacific Press and ANU E Press.
Chen S, Ravallion M (2009) The impact of the global financial crisis on the world’s poorest, (Available at: http://www.voxeu.org/index.php?q=node/3520)
Hasan R, Magsombol MR, Cain JS (2009) Poverty impact of the economic slowdown in developing Asia: Some scenarios, ADB Economics Working Paper Series No. 153.
Mankiw NG (2003) Fundamentals of Microeconomics.
Qin D, Cagas MA, Quising P, He XH (2006) How much does investment drive economic growth in China?, Journal of Policy Modeling, 28(7): 751-774
Reinhart CM (2009) The economic and fiscal consequences of financial crises , Vox (Available at: http://www.voxeu.org/index.php?q=node/2877)
Reinhart CM, Rogoff KS (2008) Is the 2007 US Sub-Prime financial crisis so different? An international historical comparison, The American Economic Review, 98(2): 339-344.
[UNCTAD] United Nations Conference on Trade and Development (2008) World Investment Report, 2008.
Wan GH, Francisco R (2009) Short-run and Long-run Impacts of the Global Economic Crisis: the Case of Asia, Draft report, Regional Sustainable Development Department (RSDD), Asian Development Bank.
Wu Y (2005) Growth, expansion of markets, and income elasticities in world trade, International Monetary Fund (IMF) Working Papers 33: 1-33.