As the financial crisis has spread through the world, the lack of real-time data has made it difficult to track its impact in developing countries. This paper uses a micro-simulation approach to assess the poverty and distributional effects of the crisis in the Philippines. The authors find...

As the financial crisis has spread through the world, the lack of real-time data has made it difficult to track its impact in developing countries. We use a microsimulation approach to assess the poverty and distributional effects of the crisis. In Bangladesh, Mexico, and the Philippines, we...