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Winter 1998

Wave of Social Protests Will Roll Across Asia

Alvin and Heidi Toffler are authors of such influential books as Future Shock, The Third Wave, Powershift and Creating a New Civilization. They are partners in Toffler Associates, a strategic advisory group.

Los Angeles - The big news going around the world now is how the International Monetary Fund is "helping" Asia to cope with its fast-spreading financial crisis. But by the conditions it imposes, the IMF may in fact trigger a social explosion more damaging to Asia than the present currency and banking collapse. The results, according to the International Labor Organization (ILO), could be "catastrophic."

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