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

Bresciani, Fabrizio ; Feder, Gershon ; Gilligan, Daniel O. ; Jacoby, Hanan G. ; Onchan, Tongroj ; Quizon, Jaime

World Bank, Washington, DC

关键词: AGRICULTURAL HOUSEHOLDS;    AGRICULTURAL INPUTS;    AGRICULTURAL LABOR;    AGRICULTURAL OUTPUT;    AGRICULTURAL POLICY;   

RP-ID  :  76667

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This article assesses the impact of theEast Asian financial crisis on farm households in two of theregion's most affected countries, Indonesia andThailand, using detailed household level survey datacollected before and after the crisis began. Although thenatures of the shocks in the two countries were similar, theimpact on farmers' income (particularly ondistribution) was quite different. In Thailand, poor farmersbore the brunt of the crisis, in part because of theirgreater reliance on the urban economy, than did poor farmersin Indonesia. Urban-rural links are much weaker inIndonesia. Farmers in both countries, particularly thosespecializing in export crops, benefited from the currencydevaluation. Although there is some evidence that theproductivity of the smallest landholders declined over theperiod in question, it is difficult to attribute thisdirectly to the financial crisis. At least in Thailand, arural credit crunch does not seem to have materialized.