Regional and Country Reports of the ASEAN Assessment on the Social Impact of the Global Financial Crisis

The effects of the global economic slowdown on peoples' employment and earnings are at the core of its social impacts, manifested largely through increased job uncertainties and reduced worker earnings in crisis-affected sectors, as opposed to widespread open unemployment. The global economic slowdown has been transmitted to ASEAN economies through several channels, including decreased global demand for the member states' manufactured exports; declines in key commodity prices; lower levels of Foreign Direct Investment (FDI); fewer tourist arrivals; and reduced remittance receipts from overseas migrants. This has made policy makers keenly aware of the need to not only understand better the social consequences of economic volatility but also to strengthen social protection and labor market policies. This assessment of the social impact of the global financial crisis aims to support ASEAN's mission to strengthen the foundations for a region of lasting peace, security and stability, sustained economic growth, shared prosperity and social progress. The report provides a rapid assessment of the social impacts of the crisis and offers a stocktaking of the range of social protection measures adopted in ASEAN member states in response to the crisis and in the context of the pre-existing programs available. It also highlights a number of areas which deserve policy makers' attention, such as social impact monitoring, program monitoring and evaluation, targeting and program coverage, as well as institutional coordination.

Bibliographic Details

Main Authors:	ASEAN Secretariat, World Bank
Format:	Publication biblioteca
Language:	English en_US
Published:	Jakarta: ASEAN Secretariat 2010
Subjects:	ABSOLUTE POVERTY, ACTIVE LABOR, ACTIVE LABOR MARKET, ACTIVE LABOR MARKET INTERVENTIONS, ACTIVE LABOR MARKET POLICIES, ACTIVE LABOR MARKET PROGRAMS, ACTIVE LABOR POLICIES, ACTIVE LABOR PROGRAMS, ADMINISTRATIVE COSTS, AGGREGATE DEMAND, ASSISTANCE PROGRAMS, BENEFICIARIES, BENEFICIARY, BENEFIT SYSTEM, CASH BENEFIT, CASH BENEFITS, CASH TRANSFER, CASH TRANSFER PROGRAMS, CASH TRANSFERS, CHRONICALLY POOR, COMMUNITY PROJECT, CONDITIONAL CASH, CONDITIONAL TRANSFER, CONSUMPTION SMOOTHING, COPING STRATEGIES, CREDIT PROGRAMS, DAY LABORERS, DOMESTIC WORKERS, EARNING, ECONOMIC CRISIS, ECONOMIC DOWNTURNS, ECONOMIC GROWTH, ECONOMIC SLOWDOWN, ECONOMIC VOLATILITY, EMPLOYEE, EMPLOYMENT GENERATION, EMPLOYMENT IMPACTS, EMPLOYMENT OPPORTUNITIES, EMPLOYMENT PROGRAM, FEE WAIVERS, FINANCIAL CRISES, FINANCIAL CRISIS, FINANCIAL SUPPORT, FINDING EMPLOYMENT, FIRM SURVEY, FISCAL CONSTRAINTS, FOOD DISTRIBUTION, FOOD SAFETY NET, FOOD SUBSIDIES, FOOD SUBSIDY, FOOD-FOR-WORK, FOREIGN WORKERS, FORMAL SECTOR WORKERS, FREE HEALTH, FUTURE PRODUCTIVITY, GENDER DIMENSIONS, GRANTS TO SCHOOLS, HEALTH CARDS, HEALTH FACILITIES, HEALTH INSURANCE, HEALTH SERVICES, HOUSEHOLD INCOME, HOUSEHOLD INCOMES, HOUSEHOLD LEVEL, HOUSEHOLD LEVELS, HOUSEHOLD SURVEY, HOUSEHOLD SURVEYS, HOUSEHOLD WELFARE, HUMAN CAPITAL, HUMAN CAPITAL INVESTMENT, HUMAN CAPITAL INVESTMENTS, HUMAN RESOURCES, HUMAN RESOURCES DEVELOPMENT, INCOME, INCOME LOSSES, INEQUALITY, INFORMAL EMPLOYMENT, INFORMAL SECTOR, INFORMAL WORKERS, INSTITUTIONAL CAPACITY, INSURANCE SYSTEMS, JOB CHURNING, JOB CREATION, JOB INSECURITY, JOB LOSS, JOB LOSSES, JOB RETENTION, JOB SEARCH, JOBS, LABOR FORCE, LABOR INTENSITY, LABOR MARKET, LABOR MARKET DEMAND, LABOR MARKET INTERVENTIONS, LABOR MARKET PERFORMANCE, LABOR MARKET POLICIES, LABOR MARKET PROGRAMS, LABOR MARKETS, LABOR ORGANIZATION, LABOR RELATIONS, LABOR STATISTICS, LABOUR, LABOUR MARKET, LABOUR MARKET POLICIES, LABOUR MARKETS, LAID-OFF WORKERS, LEAKAGE OF BENEFITS, MALE WORKERS, MEANS TESTING, MIGRANT LABOR, MINIMUM WAGE, NATURAL DISASTERS, NET JOB CREATION, OLD AGE, OPEN UNEMPLOYMENT, OPTIMAL TARGETING, PIECE RATES, POOR, POVERTY ALLEVIATION, POVERTY LINE, POVERTY MITIGATION, POVERTY REDUCTION, PREVIOUS SECTION, PROGRAM BENEFICIARIES, PROGRAM COVERAGE, PROGRAM DELIVERY, PROGRAM ELIGIBILITY, PROTECTION MECHANISMS, PROTECTION POLICIES, PROTECTION POLICY, PROTECTION SYSTEM, PROTECTION SYSTEMS, PUBLIC CLINICS, PUBLIC SECTOR EMPLOYMENT, PUBLIC SPENDING, PUBLIC SUBSIDIES, PUBLIC WORKS, PUBLIC WORKS PROGRAMS, PURCHASING POWER, REAL WAGE, REAL WAGE DECLINES, REAL WAGES, RETAIL TRADE, RETRENCHED WORKERS, RICE SUBSIDY, RISK MANAGEMENT, RURAL INFRASTRUCTURE, SAFETY NET, SAFETY NET PROGRAMS, SCHOOL ATTENDANCE, SCHOOL ENROLLMENT, SCHOOL FEEDING, SCHOOL FEEDING PROGRAMS, SELF-TARGETING NATURE, SERVANTS, SERVICE INDUSTRIES, SHOCK, SHORT-TERM CRISIS, SHORT-TERM UNEMPLOYMENT, SKILLED LABOR, SKILLED LABORERS, SKILLED WORKERS, SKILLS DEVELOPMENT, SMALL BUSINESS, SOCIAL ASSISTANCE, SOCIAL IMPACTS, SOCIAL INSURANCE, SOCIAL INSURANCE PROGRAMS, SOCIAL INVESTMENT, SOCIAL POLICIES, SOCIAL POLICY, SOCIAL PROTECTION, SOCIAL RISK, SOCIAL SAFETY NETS, SOCIAL SECURITY, SOCIAL SERVICES, SOCIAL SPENDING, SOCIAL WELFARE, STRUCTURAL REFORMS, SUBSIDIZING, TARGETING, TARGETING MECHANISMS, TAX RELIEF, TEMPORARY EMPLOYMENT, TOTAL EMPLOYMENT, TRAINING PROGRAMS, TRANSFER PROGRAM, TRUCK DRIVERS, UNEMPLOYED, UNEMPLOYMENT, UNEMPLOYMENT BENEFIT, UNEMPLOYMENT BENEFIT SYSTEM, UNEMPLOYMENT BENEFITS, UNEMPLOYMENT FIGURES, UNEMPLOYMENT INSURANCE, UNEMPLOYMENT INSURANCE BENEFITS, UNEMPLOYMENT LEVELS, UNEMPLOYMENT RATE, UNEMPLOYMENT RATES, UNEMPLOYMENT STATISTICS, UNPAID FAMILY WORKERS, URBAN WORKERS, VULNERABLE GROUPS, VULNERABLE POPULATIONS, VULNERABLE REGIONS, WAGE GROWTH, WAGE RATE, WAGE SUBSIDIES, WORK PROGRAMS, WORKER,
Online Access:	http://documents.worldbank.org/curated/en/2010/07/18699535/regional-country-reports-asean-assessment-social-impact-global-financial-crisis http://hdl.handle.net/10986/16689
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