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Feminist-Kaleckian Macroeconomic Policy for Developing Countries

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  • Stephanie Seguino
  • Caren A. Grown

Abstract

This paper reviews evidence of the gender effects of globalization in developing economies. It then outlines a set of macroeconomic and trade policies to promote gender equity. The evidence suggests that while liberalization has expanded women's access to employment, the long-term goal of transforming gender inequalities remains unmet and appears unattainable without state intervention in markets. This paper sets forth some general principles that can produce greater gender equality, premised on shifting from economies that are profit led and export oriented to those that are wage led and full-employment oriented. The framework is Kaleckian in its focus on the relationship between the gender distribution of income and macroeconomic outcomes.

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File URL: http://www.levyinstitute.org/pubs/wp_446.pdf
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Bibliographic Info

Paper provided by Levy Economics Institute, The in its series Economics Working Paper Archive with number wp_446.

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Date of creation: May 2006
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Handle: RePEc:lev:wrkpap:wp_446

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Web page: http://www.levyinstitute.org

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References

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  1. Seguino, Stephanie, 1999. "The Investment Function Revisited: Disciplining Capital in Korea," MPRA Paper 6539, University Library of Munich, Germany.
  2. Floro, Maria Sagrario, 1995. "Economic restructuring, gender and the allocation of time," World Development, Elsevier, vol. 23(11), pages 1913-1929, November.
  3. Elson, Diane & Cagatay, Nilufer, 2000. "The Social Content of Macroeconomic Policies," World Development, Elsevier, vol. 28(7), pages 1347-1364, July.
  4. Braunstein, Elissa, 2000. "Engendering Foreign Direct Investment: Family Structure, Labor Markets and International Capital Mobility," World Development, Elsevier, vol. 28(7), pages 1157-1172, July.
  5. G¸nseli Berik & Yana van der Meulen Rodgers & Joseph E. Zveglich, 2004. "International Trade and Gender Wage Discrimination: Evidence from East Asia," Review of Development Economics, Wiley Blackwell, vol. 8(2), pages 237-254, 05.
  6. Simon Appleton & John Hoddinott & Pramila Krishnan, 1996. "The gender wage gap in three African countries," CSAE Working Paper Series 1996-07, Centre for the Study of African Economies, University of Oxford.
  7. Oostendorp, Remco, 2004. "Globalization and the gender wage gap," Policy Research Working Paper Series 3256, The World Bank.
  8. Rama, Martin, 1996. "The consequences of doubling the minimum wage : the case of Indonesia," Policy Research Working Paper Series 1643, The World Bank.
  9. M. Anne Hill & Elizabeth King, 1995. "Women's education and economic well-being," Feminist Economics, Taylor & Francis Journals, vol. 1(2), pages 21-46.
  10. Stephanie Seguino, 1997. "Gender wage inequality and export-led growth in South Korea," Journal of Development Studies, Taylor & Francis Journals, vol. 34(2), pages 102-132.
  11. Huff, W G, 1995. "What Is the Singapore Model of Economic Development?," Cambridge Journal of Economics, Oxford University Press, vol. 19(6), pages 735-59, December.
  12. Bhaduri, Amit & Marglin, Stephen, 1990. "Unemployment and the Real Wage: The Economic Basis for Contesting Political Ideologies," Cambridge Journal of Economics, Oxford University Press, vol. 14(4), pages 375-93, December.
  13. Tzannatos, Zafiris, 1999. "Women and Labor Market Changes in the Global Economy: Growth Helps, Inequalities Hurt and Public Policy Matters," World Development, Elsevier, vol. 27(3), pages 551-569, March.
  14. C. Mark Blackden, 1999. "Gender, Growth, and Poverty Reduction," World Bank Other Operational Studies 9873, The World Bank.
  15. Newman, Constance & Jarvis, Lovell S., 2000. "Worker And Firm Determinants Of Piece Rate Variation In An Agricultural Labor Market," Working Papers 11977, University of California, Davis, Department of Agricultural and Resource Economics.
  16. Ozler, Sule, 2000. "Export Orientation and Female Share of Employment: Evidence from Turkey," World Development, Elsevier, vol. 28(7), pages 1239-1248, July.
  17. Erturk, Korkut & Cagatay, Nilufer, 1995. "Macroeconomic consequences of cyclical and secular changes in feminization: An experiment at gendered macromodeling," World Development, Elsevier, vol. 23(11), pages 1969-1977, November.
  18. Darity, William Jr., 1995. "The formal structure of a gender-segregated low-income economy," World Development, Elsevier, vol. 23(11), pages 1963-1968, November.
  19. Blecker, Robert A & Seguino, Stephanie, 2002. "Macroeconomic Effects of Reducing Gender Wage Inequality in an Export-Oriented, Semi-industrialized Economy," Review of Development Economics, Wiley Blackwell, vol. 6(1), pages 103-19, February.
  20. Seguino, Stephanie, 2003. "Why are women in the Caribbean so much more likely than men to be unemployed?," MPRA Paper 6507, University Library of Munich, Germany.
  21. Mehra, Rekha & Gammage, Sarah, 1999. "Trends, Countertrends, and Gaps in Women's Employment," World Development, Elsevier, vol. 27(3), pages 533-550, March.
  22. Erturk, Korkut & Darity, William Jr., 2000. "Secular Changes in the Gender Composition of Employment and Growth Dynamics in the North and the South," World Development, Elsevier, vol. 28(7), pages 1231-1238, July.
  23. Sandra E. Black & Elizabeth Brainerd, 1999. "Importing equality? The effects of increased competition on the gender wage gap," Staff Reports 74, Federal Reserve Bank of New York.
  24. Antecol, Heather, 2000. "An examination of cross-country differences in the gender gap in labor force participation rates," Labour Economics, Elsevier, vol. 7(4), pages 409-426, July.
  25. Standing, Guy, 1989. "Global feminization through flexible labor," World Development, Elsevier, vol. 17(7), pages 1077-1095, July.
  26. Robert Pollin, 2002. "Globalization and the Transition to Egalitarian Development," Working Papers wp42, Political Economy Research Institute, University of Massachusetts at Amherst.
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Citations

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Cited by:
  1. Cagatay, Nilüfer & Ertürk, Korkuk, 2004. "Gender and globalization : a macroeconomic perspective," ILO Working Papers 370974, International Labour Organization.
  2. Stephanie Seguino, 2005. "Gender Inequality in a Globalizing World," Industrial Organization 0507005, EconWPA.
  3. Dasgupta, Sukti & Sudarshan, Ratna M, 2011. "Issues in labour market inequality and women's participation in India's National Rural Employment Guarantee Programme," ILO Working Papers 461714, International Labour Organization.
  4. Caren A. Grown & Chandrika Bahadur & Jessie Handbury & Diane Elson, 2006. "The Financial Requirements of Achieving Gender Equality and Women's Empowerment," Economics Working Paper Archive wp_467, Levy Economics Institute, The.
  5. Pavlina R. Tcherneva, 2012. "What Do Poor Women Want? Public Employment or Cash Transfers? Lessons from Argentina," Economics Working Paper Archive wp_705, Levy Economics Institute, The.

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