Gender equity and globalization: macroeconomic policy for developing countries
Version of Record online: 30 MAY 2006
Copyright © 2006 John Wiley & Sons, Ltd.
Journal of International Development
Volume 18, Issue 8, pages 1081–1104, November 2006
How to Cite
Seguino, S. and Grown, C. (2006), Gender equity and globalization: macroeconomic policy for developing countries. J. Int. Dev., 18: 1081–1104. doi: 10.1002/jid.1295
- Issue online: 26 OCT 2006
- Version of Record online: 30 MAY 2006
- income distribution;
- industrial policy;
- foreign direct investment;
- macroeconomic policy
This paper reviews the evidence of gender effects of globalization in developing economies. It then outlines a set of macroeconomic and trade policies to promote gender equity in the distribution of resources. 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 regulation of capital, and a reorientation and expansion of the state's role in funding public goods and providing a social safety net. This paper sets forth some general principles that can produce greater gender equality, premised on shifting economies from profit-led, export-oriented to wage-led, full-employment economies. The framework is Kaleckian in its focus on the relationship between the gender distribution of income and macroeconomic outcomes. Copyright © 2006 John Wiley & Sons, Ltd.