Asia and the Pacific Region: Change and Workforce Adjustments Post-GFC

Abstract

Although an extensive literature has been developed on the global financial crisis (GFC) in the USA and Europe, thus far there has been less attention paid to the rest of the world. Consequently, this collection addresses this deficiency by considering the impact of the GFC on selected Asian and Pacific economies. Topics include both macro and micro approaches to labour market adjustment post-GFC. The countries included are Australia, China, India, Japan, Korea and Singapore. It is concluded that as the GFC is still continuing, so are the issues related to adjustment, vulnerability and the impact on the Asia Pacific region.