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This paper assesses the social impact of the Asian Financial crisis, drawing on the results of studies in six countries, namely, Indonesia, Republic of Korea, Lao People's Democratic Republic, Malaysia, Philippines, and Thailand. The impacts appear to be less than were anticipated early in the...
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Income growth in rural areas may be one of the greatest challenges to further poverty reduction and economic …
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Poverty reduction in the Asia and the Pacific region in 2005-2008 had been quite significant. Despite the global crisis …, an estimated 150 million people exited extreme poverty by 2008 - from 903.4 million in 2005 to 753.5 million, bringing … the percentage of people living under the $1.25 per day poverty line to 21.9% from 27.1% in 2005. Poverty reduction was …
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