Gender Inequality in a Globalizing World

Stephanie Seguino

Economics Working Paper Archive from Levy Economics Institute

Abstract: 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.

Date: 2005-07
New Economics Papers: this item is included in nep-cna and nep-lab
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Citations: View citations in EconPapers (9)

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Working Paper: Gender Inequality in a Globalizing World (2005)
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