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SOME PROLONGED SOCIO-POLITICAL CONSEQUENSES OF THE ASIAN FINANCIAL CRISIS

Nguyen Bao Toan 1
Volume & Issue: Vol. 2 No. 6&7 (1999) | Page No.: 148-155 | DOI: 10.32508/stdj.v2i6&7.3663
Published: 1999-07-31

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This article is published with open access by Viet Nam National University, Ho Chi Minh City, Viet Nam. This article is distributed under the terms of the Creative Commons Attribution License (CC-BY 4.0) which permits any use, distribution, and reproduction in any medium, provided the original author(s) and the source are credited.

Abstract

The Asian financial crisis in the middle of 1997 has been widespread. This caussed a big shock for the East-Asian economics growing fast more than three decades ago,named economic miracle. Up to now,the economics have had asign of recovering, however,the prolonged impacts of the crisis on the politics and society still go on with unexpected consequenses. Noticeably,the unemployment and its aftermachs have influence on stable development though the process of economic recovery,stablizing politics and society in the East-Asian. This report based on relevant material resources, focus analyzing on two main aspects: - The unemployment and some initial solutions of East Asian countries,some unexpected social consequenses caused by the unemployment. - There are various impacts' on the political cabinet system of the East Asian countries,especially nations in Asean; tendencies are able to affect on the process of intergrating,stablizing,co-operatingand developing of Asean vission in the year 2020. Besides, the report refers to different viewpoits(most from Western scholars)discussing characteristic,structure and development of East-asian after the crisis.

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