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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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Bibliographic Info

Paper provided by Levy Economics Institute 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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References

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  1. M. Anne Hill & Elizabeth King, 1995. "Women's education and economic well-being," Feminist Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 1(2), pages 21-46.
  2. Remco H. Oostendorp, 2009. "Globalization and the Gender Wage Gap," World Bank Economic Review, World Bank Group, World Bank Group, vol. 23(1), pages 141-161, January.
  3. Braunstein, Elissa, 2000. "Engendering Foreign Direct Investment: Family Structure, Labor Markets and International Capital Mobility," World Development, Elsevier, Elsevier, vol. 28(7), pages 1157-1172, July.
  4. Mehra, Rekha & Gammage, Sarah, 1999. "Trends, Countertrends, and Gaps in Women's Employment," World Development, Elsevier, Elsevier, vol. 27(3), pages 533-550, March.
  5. Sandra E. Black & Elizabeth Brainerd, 1999. "Importing equality? The effects of increased competition on the gender wage gap," Staff Reports, Federal Reserve Bank of New York 74, Federal Reserve Bank of New York.
  6. 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, Elsevier, vol. 28(7), pages 1231-1238, July.
  7. Rama, Martin, 1996. "The consequences of doubling the minimum wage : the case of Indonesia," Policy Research Working Paper Series 1643, The World Bank.
  8. C. Mark Blackden, 1999. "Gender, Growth, and Poverty Reduction," World Bank Other Operational Studies 9873, The World Bank.
  9. Stephanie Seguino, 1997. "Gender wage inequality and export-led growth in South Korea," Journal of Development Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 34(2), pages 102-132.
  10. 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, Wiley Blackwell, vol. 8(2), pages 237-254, 05.
  11. 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, Wiley Blackwell, vol. 6(1), pages 103-19, February.
  12. 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.
  13. Newman, Constance & Jarvis, Lovell S., 2000. "Worker And Firm Determinants Of Piece Rate Variation In An Agricultural Labor Market," Working Papers, University of California, Davis, Department of Agricultural and Resource Economics 11977, University of California, Davis, Department of Agricultural and Resource Economics.
  14. 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.
  15. Tzannatos, Zafiris, 1999. "Women and Labor Market Changes in the Global Economy: Growth Helps, Inequalities Hurt and Public Policy Matters," World Development, Elsevier, Elsevier, vol. 27(3), pages 551-569, March.
  16. Asad Sayeed & Radhika Balakrishnan, 2002. "Why Do Firms Disintegrate? Towards an Understanding of the Firm Level Decision to Sub-Contract and Its Impact on Labor," SCEPA working paper series. SCEPA's main areas of research are macroeconomic policy, inequality and poverty, and globalization. 2002-12, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
  17. Darity, William Jr., 1995. "The formal structure of a gender-segregated low-income economy," World Development, Elsevier, Elsevier, vol. 23(11), pages 1963-1968, November.
  18. Robert Pollin, 2002. "Globalization and the Transition to Egalitarian Development," Working Papers, Political Economy Research Institute, University of Massachusetts at Amherst wp42, Political Economy Research Institute, University of Massachusetts at Amherst.
  19. Elson, Diane & Cagatay, Nilufer, 2000. "The Social Content of Macroeconomic Policies," World Development, Elsevier, Elsevier, vol. 28(7), pages 1347-1364, July.
  20. Huff, W G, 1995. "What Is the Singapore Model of Economic Development?," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 19(6), pages 735-59, December.
  21. Floro, Maria Sagrario, 1995. "Economic restructuring, gender and the allocation of time," World Development, Elsevier, Elsevier, vol. 23(11), pages 1913-1929, November.
  22. Bhaduri, Amit & Marglin, Stephen, 1990. "Unemployment and the Real Wage: The Economic Basis for Contesting Political Ideologies," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 14(4), pages 375-93, December.
  23. Ozler, Sule, 2000. "Export Orientation and Female Share of Employment: Evidence from Turkey," World Development, Elsevier, Elsevier, vol. 28(7), pages 1239-1248, July.
  24. Antecol, Heather, 2000. "An examination of cross-country differences in the gender gap in labor force participation rates," Labour Economics, Elsevier, Elsevier, vol. 7(4), pages 409-426, July.
  25. Erturk, Korkut & Cagatay, Nilufer, 1995. "Macroeconomic consequences of cyclical and secular changes in feminization: An experiment at gendered macromodeling," World Development, Elsevier, Elsevier, vol. 23(11), pages 1969-1977, November.
  26. Seguino, Stephanie, 1999. "The Investment Function Revisited: Disciplining Capital in Korea," MPRA Paper 6539, University Library of Munich, Germany.
  27. Standing, Guy, 1989. "Global feminization through flexible labor," World Development, Elsevier, Elsevier, vol. 17(7), pages 1077-1095, July.
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Citations

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Cited by:
  1. Pavlina R. Tcherneva, 2012. "What Do Poor Women Want? Public Employment or Cash Transfers? Lessons from Argentina," Economics Working Paper Archive, Levy Economics Institute wp_705, Levy Economics Institute.
  2. Stephanie Seguino, 2005. "Gender Inequality in a Globalizing World," Industrial Organization, EconWPA 0507005, EconWPA.
  3. Cagatay, Nilüfer & Ertürk, Korkuk, 2004. "Gender and globalization : a macroeconomic perspective," ILO Working Papers, International Labour Organization 370974, 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, Levy Economics Institute wp_467, Levy Economics Institute.
  5. 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, International Labour Organization 461714, International Labour Organization.

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