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Gender Inequality in a Globalizing World

  • Stephanie Seguino

    (University of Vermont & The Levy Economics Institute)

Emphasis on market-friendly macroeconomic and development strategies in recent years has resulted in deleterious effects on growth and well- being, and has done little to promote greater gender equality. This paper argues that the example of East Asia states, which recognized their position as “late industrializers,” relied on a managed-market approach with the state that employed a wide variety of policy instruments to promote industrialization. Nevertheless, while Asian growth was rapid, it was not enough to produce greater gender equality. A concentration of women in mobile export industries that face severe competition from other low-wage countries reduces their bargaining power and inhibits closure of gender-wage gaps. Gender-equitable macroeconomic and development policies are thus required, including financial market regulation, regulation of trade and investment flows, and gender- sensitive public sector spending..

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Paper provided by EconWPA in its series Industrial Organization with number 0507005.

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Length: 16 pages
Date of creation: 20 Jul 2005
Date of revision:
Handle: RePEc:wpa:wuwpio:0507005
Note: Type of Document - pdf; pages: 16
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