Weathering the Storm : The Impact of the East Asian Crisis on Farm Households in Indonesia and Thailand

Weathering the Storm : The Impact of the East Asian Crisis on Farm Households in Indonesia and Thailand

This article assesses the impact of the East Asian financial crisis on farm households in two of the region's most affected countries, Indonesia and Thailand, using detailed household level survey data collected before and after the crisis beg...

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Bibliographic Details
Main Authors:	Bresciani, Fabrizio, Feder, Gershon, Gilligan, Daniel O., Jacoby, Hanan G., Onchan, Tongroj, Quizon, Jaime
Format:	Journal Article
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	AGRICULTURAL HOUSEHOLDS AGRICULTURAL INPUTS AGRICULTURAL LABOR AGRICULTURAL OUTPUT AGRICULTURAL POLICY AGRICULTURAL PRICES AGRICULTURAL PRODUCTION AGRICULTURAL SECTOR AGRICULTURAL WAGES AGRICULTURE ANIMAL FEED BASE YEAR CASH CROPS CASH INCOME CASSAVA CENTRAL REGION CENTRAL REGIONS CLOVES COCOA COCONUT COFFEE COMMODITY CONSUMER PRICE INDEX CONSUMER PRICES CONSUMERS CONSUMPTION EXPENDITURES COOPERATIVES CORN CREDIT MARKETS CROP CROP INCOME CROP PRODUCTION CROP SUBSTITUTION CROPPING CROPPING PATTERNS CULTIVATED RICE CULTIVATION DEBT DEVALUATION DEVELOPMENT ECONOMICS DIVERSIFICATION DROUGHT ECONOMIC RESEARCH ECONOMICS RESEARCH EXCHANGE RATES EXPORT CROPS FAMILY MEMBERS FARM FARM EMPLOYMENT FARM HOUSEHOLDS FARM INCOME FARM LABOR FARM PRODUCTION FARM SECTOR FARMER FARMERS FARMING FARMS FERTILIZER FERTILIZER USE FINANCIAL CRISIS FOOD POLICY GARLIC GOVERNMENT SUBSIDIES GRAINS GROSS DOMESTIC PRODUCT PER CAPITA HOUSEHOLD INCOME HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSEHOLD WELFARE INCOME INCOME GAINS INCOME GROWTH INCOME INEQUALITY INCOME SHARES INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE IRRIGATION LABOR EARNINGS LABOR FORCE LAND OWNERSHIP LANDHOLDINGS LANDLESS HOUSEHOLDS LANDLESS LABORERS LIVESTOCK PRODUCTION MAIZE NET INCOME NONFARM INCOME PEPPER PER CAPITA CONSUMPTION PER CAPITA INCOME POOR POOR FARM HOUSEHOLDS POOR FARMERS POORER FARMERS POOREST HOUSEHOLDS POTATOES POVERTY INDICES PRICE INCREASES PRIVATE TRANSFERS PRODUCE PRODUCTION ACTIVITIES PRODUCTION GAINS PRODUCTION PROCESS REAL GROSS DOMESTIC PRODUCT REAL INCOME RECESSION REGIONAL COVERAGE REGIONAL DIFFERENCES REGIONAL DISTRIBUTION REGIONAL INEQUALITY REGIONAL MARKETS REGIONAL SHARE RICE RICE PRICES RICE PRODUCTION RICE YIELDS RURAL RURAL AREAS RURAL CREDIT RURAL DEVELOPMENT RURAL FAMILIES RURAL HOUSEHOLDS RURAL INCOME RURAL INCOMES RURAL INFRASTRUCTURE RURAL LABOR RURAL LABOR MARKET RURAL LINKAGE RURAL LINKAGES RURAL LINKS RURAL POLICY RURAL POOR RURAL POPULATION RURAL PRICES RURAL PRODUCER RURAL SECTOR RURAL SECTORS RURAL WAGES SAFETY NET SAFETY NET PROGRAMS SMALLHOLDER SECTOR SOCIAL PROGRAMS SOYBEANS SPRING SUGAR SUGARCANE TARGETING TOBACCO TREE CROPS TREES UNEMPLOYMENT UNEMPLOYMENT RATE VARIABLE COSTS VEGETABLES WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2002/01/17591994/weathering-storm-impact-east-asian-crisis-farm-households-indonesia-thailand http://hdl.handle.net/10986/16468

Description
Summary:	This article assesses the impact of the East Asian financial crisis on farm households in two of the region's most affected countries, Indonesia and Thailand, using detailed household level survey data collected before and after the crisis began. Although the natures of the shocks in the two countries were similar, the impact on farmers' income (particularly on distribution) was quite different. In Thailand, poor farmers bore the brunt of the crisis, in part because of their greater reliance on the urban economy, than did poor farmers in Indonesia. Urban-rural links are much weaker in Indonesia. Farmers in both countries, particularly those specializing in export crops, benefited from the currency devaluation. Although there is some evidence that the productivity of the smallest landholders declined over the period in question, it is difficult to attribute this directly to the financial crisis. At least in Thailand, a rural credit crunch does not seem to have materialized.