Lasting Local Impacts of an Economywide Crisis

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dc.creatorRavallion, Martin
dc.creatorLokshin, Michael
dc.date2012-06-25T14:16:26Z
dc.date2012-06-25T14:16:26Z
dc.date2005-02
dc.date.accessioned2026-07-01T01:27:15Z
dc.descriptionThe immediate welfare costs of an economywide crisis can be high, but are there also lasting impacts? And are they greater in some geographic areas than others? The authors study Indonesia s severe financial crisis of 1998. They use 10 national surveys spanning 1993 2002, each covering 200,000 randomly sampled households, to estimate the impacts on mean consumption and the incidence of poverty across each of 260 districts. Counterfactual analyses indicate geographically diverse impacts years after the crisis. Proportionate impacts on the poverty rate were greater in initially better off and less unequal areas. In the aggregate, a large share - possibly the majority - of those Indonesians who were still poor in 2002 would not have been so without the 1998 crisis.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2005/02/5623854/lasting-local-impacts-economywide-crisis
dc.identifierhttps://hdl.handle.net/10986/8905
dc.identifierhttps://doi.org/10.1596/1813-9450-3503
dc.identifier.urihttp://hdl.handle.net/123456789/418231
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.relationPolicy Research Working Paper No. 3503
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectABSOLUTE POVERTY
dc.subjectAGGREGATE INCOME
dc.subjectAGRICULTURE
dc.subjectBASE YEAR
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMPTION PATTERNS
dc.subjectCOUNTERFACTUAL
dc.subjectCPI
dc.subjectECONOMETRICS
dc.subjectECONOMIC ACTIVITY
dc.subjectECONOMIC CONTRACTION
dc.subjectECONOMIC GEOGRAPHY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC LOSS
dc.subjectECONOMIC SHOCKS
dc.subjectECONOMIC SPECIALIZATION
dc.subjectEDUCATION
dc.subjectELASTICITY
dc.subjectEXPENDITURES
dc.subjectFAMILY INCOME
dc.subjectFINANCIAL CRISIS
dc.subjectGDP
dc.subjectHEALTH
dc.subjectHEALTH CARE
dc.subjectHOUSEHOLD INCOME
dc.subjectHOUSEHOLD SURVEYS
dc.subjectHOUSING
dc.subjectIMPACT ASSESSMENT
dc.subjectINCIDENCE OF POVERTY
dc.subjectINCOME
dc.subjectINFLATION
dc.subjectINNOVATION
dc.subjectINSURANCE
dc.subjectLABOR FORCE
dc.subjectLIVING STANDARDS
dc.subjectLOCAL AUTHORITIES
dc.subjectMALNUTRITION
dc.subjectMORTALITY
dc.subjectNUTRITION
dc.subjectPOVERTY IMPACTS
dc.subjectPOVERTY LINE
dc.subjectPOVERTY MEASURES
dc.subjectPOVERTY RATES
dc.subjectPOVERTY REDUCTION
dc.subjectPUBLIC GOODS
dc.subjectREGIONAL POVERTY
dc.subjectSAMPLE SIZE
dc.subjectSOCIOECONOMIC SURVEYS
dc.subjectSTANDARD OF LIVING
dc.subjectSTD
dc.subjectTIME SERIES
dc.subjectUNEMPLOYMENT
dc.subjectWEALTH
dc.titleLasting Local Impacts of an Economywide Crisis

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