Cookies Policy

This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.

I accept this policy

Find out more here

The Sustainability of the Asian Welfare System after the Financial Crisis

No metrics data to plot.
The attempt to load metrics for this article has failed.
The attempt to plot a graph for these metrics has failed.
The full text of this article is not currently available.

Brill’s MyBook program is exclusively available on BrillOnline Books and Journals. Students and scholars affiliated with an institution that has purchased a Brill E-Book on the BrillOnline platform automatically have access to the MyBook option for the title(s) acquired by the Library. Brill MyBook is a print-on-demand paperback copy which is sold at a favorably uniform low price.

Access this article

+ Tax (if applicable)
Add to Favorites
You must be logged in to use this functionality

image of Asian Journal of Social Science

From mid-1970s, Asian societies have experienced unprecedented economic growth, and have invested in the development of their own welfare regimes, which offers support to the individual even though public funding is limited. Welfare development received growing attention in Asia. The financial crisis that began in 1997 signified a drastic change in the policy context. The future of Asian economy and employment is bleak, and governments must face the risk of shrinking public resources in response to increasing social demands. The paper discussed the risks of our welfare system, and the weaknesses of public sector, community and private welfare in meeting these increasing social demands after the financial crisis, as observed in Hong Kong and other Asian societies. Although work income and occupational welfare will still be the primary protection systems of individuals and families, partly due to the dominance of neo-liberalism in the global economy and the free market system in this region. However, given the possibility of increasing vulnerability to unemployment in the future, it is also necessary to install a stronger collective system of social security and policies to pool resources together to share the risks. Of course, these initiatives will require a redefinition of the notion of citizenship and the contract that exist among individuals, and between the state and its citizens.


Full text loading...


Data & Media loading...

Article metrics loading...



Can't access your account?
  • Tools

  • Add to Favorites
  • Printable version
  • Email this page
  • Subscribe to ToC alert
  • Get permissions
  • Recommend to your library

    You must fill out fields marked with: *

    Librarian details
    Your details
    Why are you recommending this title?
    Select reason:
    Asian Journal of Social Science — Recommend this title to your library
  • Export citations
  • Key

  • Full access
  • Open Access
  • Partial/No accessInformation