Crisis Effects on the Electronics Industry in Southeast Asia

摘要: AbstractThe financial crises of 1997–98 and 2008–09 each had a debilitating effect on Southeast Asian market economies because the dominance exports foreign ownership. However, crisis positively impacted electronics exports, production employment, due to booming US economy. The contraction in demand during reduced from Asia with exceptions Indonesia Philippines, which were shielded by regional linkages Singapore, Malaysia China. Foreign labour repatriation fiscal stimulus packages helped Thailand rebound quickly crisis. In expanded further casualisation as retrenched workers Singapore returned home. State grants encouraged upgrading some extent Malaysia, but liberal approach Indonesia, Philippines limited them low-value-added activities....