The global economic and financial crisis did not result in dramatic labor market adjustments in East Asia in terms of employment loss and open unemployment unlike the 1997-98 Asian financial crisis ten years ago. This note attempts to compare the labor market outcomes of the two crises for countries that were hit the hardest during 1997-98 and explore the possible reasons behind the significant differences in adjustment patterns. Subsequently it provides...
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INFORMATION
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2012/01/01
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Fiche
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67879
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1
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1
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2012/04/05
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Disclosed
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Labor markets in East Asia during crisis : developments and policy implications?
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Labor Market
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