ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Adjustment, Recovery and Growth: A Consideration of Five 'Crisis' Countries of East Asia

In this paper, the post-crisis experience of the five economies of Thailand, South Korea, Malaysia, Indonesia and the Philippines is considered. It is found that while output growth has recovered to varying degrees, in all these countries there has been a significant change in the pattern of growth and investment, which has meant that the subsequent growth has had very different implications for employment generation, compared to the previous period.

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