Examines work investigating the impact of the crisis on social welfare policies two Asian countries — Hong Kong and Korea, and argues that these two states were not prepared for the crisis. States that Hong Kong is adopting a neoliberal approach to social welfare, contrasting this with Korea taking unprecedented steps to restructure the social security system, after its economy nearly collapsed, taking a more developmental approach to social policy. Posits that only time will tell whether Korea’s momentum of change can be sustained, while in Hong Kong social security policy will still be dictated by a neoliberal agenda in the near future.
Tang, K. (2000), "Asian crisis, social welfare and policy responses:Hong Kong and Korea compared", International Journal of Sociology and Social Policy, Vol. 20 No. 5/6, pp. 49-71. https://doi.org/10.1108/01443330010789179
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