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Gender and Macroeconomic Policy

by Breda Nallari, Raj and Griffith, Human Development, Breda Nallari, Raj andGriffith
()

Abstract

Mainstream economic analysis has traditionally overlooked gender. The individual—the basic category of analysis—was regarded as genderless. Neither gender discrimination nor segmentation and segregation within the labor market or the household were present. Contributions from development theory, new household economics (NHE), labor economics, and feminist analysis have done much to change this. Focusing on gender equality—by which we mean equality in oppor- tunity, inputs, and outcome—has yielded important insights for the growth and development of an economy. But we are still at the cusp. Although there have been huge improvements in recognizing gender as an analytical category at the microeconomic level, the macroeconomic implications of gender equality remain undeveloped. “Engendering” macroeconomics is an important and valid research and policy area. Over the past three decades, economic development has gen- erally affected women and men differently in the developing world. At the same time, gender relations have affected macroeconomic outcomes. This volume examines the research and policy implications of engender- ing macroeconomic policy. Engendering macroeconomic policy requires a deep understanding of gender equality and what it means for economic analysis at the macro level. 1

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