Neoclassical approach to economics failed to recognize and evaluate the importance in producing the human capital, of work of households which is predominantly performed by women. Extensive research, however, indicates that neglecting such issues may lead to a lower growth rate, and at the same time aspects of human equity are seriously disregarded. To eliminate this deficiency, there is a stronger tendency in the world to involve gender sensitiveness into the process of budget-making. There is a wide range of tools in the process, extending from the gendered analysis of the impacts on beneficiaries of budget, to examining the gender-disaggregated impacts of expenditure or tax incidence. The involvement of participants of civil society helps to make the budgetmaking a more open, participatory process.
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ReDIF This chapter was published in: Anna Francsovics (ed.) Symposium for Young Researchers 2007: Proceedings, , pages 161-170, 2007.