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How Has Asia Fared in the Global Crisis? A Tale of Three Countries: Republic of Korea, Philippines, and Thailand

How Has Asia Fared in the Global Crisis? A Tale of Three Countries: Republic of Korea, Philippines, and Thailand

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This paper studies the impacts of the global crisis, with emphasis on the labor market, on three Asian countries: the Republic of Korea, the Philippines, and Thailand.
This paper studies the impacts of the global crisis, with emphasis on the labor market, on three Asian countries: the Republic of Korea, the Philippines, and Thailand.

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Published by: Asian Development Bank on Aug 23, 2013
Copyright:Attribution Non-commercial

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06/02/2014

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 ADB Economics Working Paper Series
How Has Asia Fared in the Global Crisis?A Tale o Three Countries:Republic o Korea, Philippines, and Thailand
Hyun H. Son and Emmanuel A. San Andres
 
No. 174 | October 2009
 
ADB Economics Working Paper Series No. 174
How Has Asia Fared in the Global Crisis?A Tale o Three Countries: Republic o Korea,Philippines, and Thailand
Hyun H. Son and Emmanuel A. San Andres
October 2009
Hyun H. Son is Economist and Emmanuel A. San Andres is Economics Ofcer in the Ofce of the Chief Economist, Economics and Research Department. This paper was prepared for a lecture on “Economicsand Employment: Security and Sustainability in the Labor Market” for the 2009 conference of the PhilippineCouncil of Economics Students. The authors would like to thank Nanak Kakwani for invaluable discussionson the paper's methodology.
 
 Asian Development Bank6 ADB Avenue, Mandaluyong City1550 Metro Manila, Philippineswww.adb.org/economics©2009 by Asian Development BankOctober 2009ISSN 1655-5252Publication Stock No. WPS091084The views expressed in this paper are those of the author(s) and do notnecessarily reect the views or policiesof the Asian Development Bank.The ADB Economics Working Paper Series is a forum for stimulating discussion andeliciting feedback on ongoing and recently completed research and policy studiesundertaken by the Asian Development Bank (ADB) staff, consultants, or resourcepersons. The series deals with key economic and development problems, particularlythose facing the Asia and Pacic region; as well as conceptual, analytical, or methodological issues relating to project/program economic analysis, and statistical dataand measurement. The series aims to enhance the knowledge on Asia’s developmentand policy challenges; strengthen analytical rigor and quality of ADB’s country partnershipstrategies, and its subregional and country operations; and improve the quality andavailability of statistical data and development indicators for monitoring developmenteffectiveness.The ADB Economics Working Paper Series is a quick-disseminating, informal publicationwhose titles could subsequently be revised for publication as articles in professional journals or chapters in books. The series is maintained by the Economics and ResearchDepartment.

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