Gender and Trade: Impacts and Implications for Financial Resources for Gender Equality

Citation:

Williams, Mariama. 2008. Gender and Trade: Impacts and Implications for Financial Resources for Gender Equality. London: Commonwealth Secretariat.

Author: Mariama Williams

Annotation:

“Financing gender equality in the context of development and democracy requires specific and focused attention to allocating budgetary resources for the education, health care, training, skills and entrepreneurial development that is necessary to improve the lives of girls and women and to promote the overall economic empowerment of women. In order for this to occur in a predictable and sustainable manner, there must be a strategic rethinking of frameworks of fiscal policy, public finance, debt sustainability, monetary policy, exchange rate management, financial market regulation, trade reform and the negotiation of trade agreements. Increasingly, these areas are no longer the sole preserve of domestic policy makers but are becoming interlinked with the operations of the broader multilateral trading system (MTS), global finance and global macroeconomic arrangements through formal processes of coherence between trade and financial institutions such as the International Monetary Fund (IMF), the World Bank and the World Trade Organization (WTO). This is also true of the harmonisation of aid under the Paris Declaration on Aid Effectiveness (Williams, 2007, p. 3)."

Topics: Civil Society, Development, Economies, Economic Inequality, Public Finance, Education, Gender, Women, Girls, Gendered Power Relations, Gender Equality/Inequality, International Organizations

Year: 2008

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