Weathering the Storm : The Impact of the East Asian Crisis on Farm Households in Indonesia and Thailand

This article assesses the impact of the East Asian financial crisis on farm households in two of the region's most affected countries, Indonesia and Thailand, using detailed household level survey data collected before and after the crisis began. Although the natures of the shocks in the two countries were similar, the impact on farmers' income (particularly on distribution) was quite different. In Thailand, poor farmers bore the brunt of the crisis, in part because of their greater reliance on the urban economy, than did poor farmers in Indonesia. Urban-rural links are much weaker in Indonesia. Farmers in both countries, particularly those specializing in export crops, benefited from the currency devaluation. Although there is some evidence that the productivity of the smallest landholders declined over the period in question, it is difficult to attribute this directly to the financial crisis. At least in Thailand, a rural credit crunch does not seem to have materialized.

Bibliographic Details

Main Authors:	Bresciani, Fabrizio, Feder, Gershon, Gilligan, Daniel O., Jacoby, Hanan G., Onchan, Tongroj, Quizon, Jaime
Format:	Journal Article biblioteca
Language:	English en_US
Published:	World Bank, Washington, DC 2002-01
Subjects:	AGRICULTURAL HOUSEHOLDS, AGRICULTURAL INPUTS, AGRICULTURAL LABOR, AGRICULTURAL OUTPUT, AGRICULTURAL POLICY, AGRICULTURAL PRICES, AGRICULTURAL PRODUCTION, AGRICULTURAL SECTOR, AGRICULTURAL WAGES, AGRICULTURE, ANIMAL FEED, BASE YEAR, CASH CROPS, CASH INCOME, CASSAVA, CENTRAL REGION, CENTRAL REGIONS, CLOVES, COCOA, COCONUT, COFFEE, COMMODITY, CONSUMER PRICE INDEX, CONSUMER PRICES, CONSUMERS, CONSUMPTION EXPENDITURES, COOPERATIVES, CORN, CREDIT MARKETS, CROP, CROP INCOME, CROP PRODUCTION, CROP SUBSTITUTION, CROPPING, CROPPING PATTERNS, CULTIVATED RICE, CULTIVATION, DEBT, DEVALUATION, DEVELOPMENT ECONOMICS, DIVERSIFICATION, DROUGHT, ECONOMIC RESEARCH, ECONOMICS RESEARCH, EXCHANGE RATES, EXPORT CROPS, FAMILY MEMBERS, FARM, FARM EMPLOYMENT, FARM HOUSEHOLDS, FARM INCOME, FARM LABOR, FARM PRODUCTION, FARM SECTOR, FARMER, FARMERS, FARMING, FARMS, FERTILIZER, FERTILIZER USE, FINANCIAL CRISIS, FOOD POLICY, GARLIC, GOVERNMENT SUBSIDIES, GRAINS, GROSS DOMESTIC PRODUCT PER CAPITA, HOUSEHOLD INCOME, HOUSEHOLD SURVEY, HOUSEHOLD SURVEYS, HOUSEHOLD WELFARE, INCOME, INCOME GAINS, INCOME GROWTH, INCOME INEQUALITY, INCOME SHARES, INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE, IRRIGATION, LABOR EARNINGS, LABOR FORCE, LAND OWNERSHIP, LANDHOLDINGS, LANDLESS HOUSEHOLDS, LANDLESS LABORERS, LIVESTOCK PRODUCTION, MAIZE, NET INCOME, NONFARM INCOME, PEPPER, PER CAPITA CONSUMPTION, PER CAPITA INCOME, POOR, POOR FARM HOUSEHOLDS, POOR FARMERS, POORER FARMERS, POOREST HOUSEHOLDS, POTATOES, POVERTY INDICES, PRICE INCREASES, PRIVATE TRANSFERS, PRODUCE, PRODUCTION ACTIVITIES, PRODUCTION GAINS, PRODUCTION PROCESS, REAL GROSS DOMESTIC PRODUCT, REAL INCOME, RECESSION, REGIONAL COVERAGE, REGIONAL DIFFERENCES, REGIONAL DISTRIBUTION, REGIONAL INEQUALITY, REGIONAL MARKETS, REGIONAL SHARE, RICE, RICE PRICES, RICE PRODUCTION, RICE YIELDS, RURAL, RURAL AREAS, RURAL CREDIT, RURAL DEVELOPMENT, RURAL FAMILIES, RURAL HOUSEHOLDS, RURAL INCOME, RURAL INCOMES, RURAL INFRASTRUCTURE, RURAL LABOR, RURAL LABOR MARKET, RURAL LINKAGE, RURAL LINKAGES, RURAL LINKS, RURAL POLICY, RURAL POOR, RURAL POPULATION, RURAL PRICES, RURAL PRODUCER, RURAL SECTOR, RURAL SECTORS, RURAL WAGES, SAFETY NET, SAFETY NET PROGRAMS, SMALLHOLDER SECTOR, SOCIAL PROGRAMS, SOYBEANS, SPRING, SUGAR, SUGARCANE, TARGETING, TOBACCO, TREE CROPS, TREES, UNEMPLOYMENT, UNEMPLOYMENT RATE, VARIABLE COSTS, VEGETABLES, WEALTH,
Online Access:	http://documents.worldbank.org/curated/en/2002/01/17591994/weathering-storm-impact-east-asian-crisis-farm-households-indonesia-thailand http://hdl.handle.net/10986/16468
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