Source: Carnegie
Nancy
Birdsall and Stephan Haggard
Full Text (pdf
format)
In 1997, East Asia was beset by financial crisis and panic. Despite decades
of high and sustained growth, most of these countries had little, if any, form
of social insurance to help soften the effects of the crisis.
Whereas the international community focuses predominately on the
poor, After the Crisis examines the impact of the crisis on an
emergent most urban "striving class". Authors Nancy Birdsall and Shephan
Haggard emphasize the strategic importance of this emerging middle class in
forging an explicit social contract that could benefit all classes.
Published July 2000
Limited print copies are available.
To request a copy, email mcarlo@ceip.org.
