TY - JOUR
T1 - Economic shocks in education : analysis of the 1997 Asian financial crisis and lessons for today
AU - MOK, Ka Ho, Joshua
AU - LAWLER, Jill
AU - HINSZ, Suzanne Bond
PY - 2009/4/1
Y1 - 2009/4/1
N2 - Studies of the 1997 Asian financial crisis suggest that impacts of economic shocks on education are ambiguous and vary according to gender, income, and location. The crisis exacerbated previous disparities, with gaps between girls and boys, and urban and rural education widening. Secondary school enrolment sustained the greatest impact. Countries' high commitment to education, as evidenced by increased household expenditures and government social protection programmes, helped protect education. Lessons from 1997 serve as a useful framework for considering potential policy responses to the 2007-08 crisis. Getting policies right is important given the current education landscape, where disparities continue to persist. The paper provides an analysis of the state of education in East Asia and the Pacific. It then analyzes experiences from the 1997 crisis and government policy responses since 1997. It argues that quick and sustained action is important. Social protection measures should be institutionalized to prepare for future crises.
AB - Studies of the 1997 Asian financial crisis suggest that impacts of economic shocks on education are ambiguous and vary according to gender, income, and location. The crisis exacerbated previous disparities, with gaps between girls and boys, and urban and rural education widening. Secondary school enrolment sustained the greatest impact. Countries' high commitment to education, as evidenced by increased household expenditures and government social protection programmes, helped protect education. Lessons from 1997 serve as a useful framework for considering potential policy responses to the 2007-08 crisis. Getting policies right is important given the current education landscape, where disparities continue to persist. The paper provides an analysis of the state of education in East Asia and the Pacific. It then analyzes experiences from the 1997 crisis and government policy responses since 1997. It argues that quick and sustained action is important. Social protection measures should be institutionalized to prepare for future crises.
UR - http://commons.ln.edu.hk/sw_master/1451
UR - http://www.scopus.com/inward/record.url?scp=79952400721&partnerID=8YFLogxK
U2 - 10.1177/1468018109106889
DO - 10.1177/1468018109106889
M3 - Journal Article (refereed)
SN - 1468-0181
VL - 9
SP - 145
EP - 173
JO - Global Social Policy
JF - Global Social Policy
IS - Suppl
ER -