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The Impacts of the 2008 Global Financial Crisis on Developing Countries The Case of the 15 Most Affected Countries
Date
2015-10-20
Author
Cömert, Hasan
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https://hdl.handle.net/11511/74181
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The Impacts of the 2008 Global Financial Crisis on Developing Countries: The case of the 15 most affected countries
Cömert, Hasan (2015-09-01)
The Impacts of the 2008 Global Financial Crisis on Developing Countries: The Case of the 15 Most Affected Countries
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Child labor remains a concern in many parts of the developing world. The latest estimates of the ILO suggest that there are 168 million child laborers worldwide, making up 11 percent of the child population (ILO, 2013). There is an extensive literature on child labor that assesses its magnitude, correlates and the impact of various interventions in tackling it (for a review see, Edmonds (2008)). We contribute to this literature by studying how the extensions of compulsory schooling in Turkey in 1997 from 5 ...
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Using a nationally representative large scale micro data, we investigate the effect of the Global Financial Crisis (GFC) on household income, inequality and poverty in Turkey. In assessing the impact of the GFC, we take 2007 (pre-crisis year) as the benchmark and compare 2009 to 2007 and to 2011 (post-crisis period). We find that (real) household disposable income drops by 3.6 percent from 2007 to 2009, but that the decline in equivalized income is lower at 1.2 percent. Income inequality decreases over...
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H. Cömert, “The Impacts of the 2008 Global Financial Crisis on Developing Countries The Case of the 15 Most Affected Countries,” 2015, Accessed: 00, 2021. [Online]. Available: https://hdl.handle.net/11511/74181.