Inequality, Development, and Growth
Routledge – 2011 – 362 pages
This volume presents a comprehensive analysis of the linkages between inequality, development, and growth from a feminist economics perspective. More specifically, it examines connections between intergroup inequality and macroeconomic outcomes, considering various channels through which gender, growth, and development interact. Using a range of analytical methods, country studies, and levels of aggregation, the contributors argue that inequalities based on gender, race, ethnicity, and class undermine the ability of people to provision and live fully to their capabilities. Authors examine the effect of macroeconomic policies and economic growth on inequalities in material resources and well-being, as well as the effects of inequality on economic growth.
The volume offers specific explanations for how the macroeconomy can hinder the achievement of gender equality and in turn how gender relations in areas like education and wage gaps can have macro-level impacts. Finally, the volume offers a rich array of policy options for promoting gender equality as both an intrinsic goal and a step toward improving well-being and broadly-shared development.
This book was published as a special issue of Feminist Economics.
"Drawing on feminist economics perspective, this book seeks to put the issue of inequality front and center in the analysis of economic growth and development. Adopting the capabilities approach of defining development as the advancement of human well being, the studies in this edited volume explore a wide range of ways to evaluate whether growth has enhanced shared human development or has merely enhanced pre-existing pockets of privilege. The book revisits the question of whether gender disparities impact growth with updated data. More importantly it also provides many fresh perspectives on the links between growth and inequality…Though in an environment where recognizing the problems withunrestricted faith on markets continues to be a hard sell despite the recent global recession, this book offers a very valuable and updated critique."–Ramya M. Vijaya
1. Introduction: Feminist Economics of Inequality, Development, and Growth 2. Gender Equality and Economic Growth in the World Bank World Development Report 2006 3. Gender Disparity in Education and the International Competition for Foreign Direct Investment 4. The Impact of Gender Inequality in Education and Employment on Economic Growth: New Evidence for a Panel of Countries 5. Do Gender Disparities in Employment Increase Profitability? Evidence from the United States 6. Women’s Employment and Family Income Inequality during China’s Economic Transition 7. Do Economic Reforms Influence Home-Based Work? Evidence from India 8. Gender Disparities and Economic Growth in Kenya: A Social Accounting Matrix Approach 9. Globalization, Gender, and Poverty in the Senegal River Valley 10. Modeling Gender Effects of Pakistan’s Trade Liberalization 11. Gender, Monetary Policy, and Employment: The Case of Nine OECD Countries
Günseli Berik is Professor of Economics at the University of Utah, where she teaches feminist economics, development economics, and political economy of gender, race/ethnicity and class in the U.S. Her research examines the relationship between development, gender labor market inequalities, and well-being. Her latest research focuses on strategies for improving labor standards; gendered labor market outcomes of varieties of industrial policy; and the Genuine Progress Indicator (GPI). Dr. Berik has served as Associate Editor of Feminist Economics and is currently a Co-editor of the journal. She has conducted research for the United Nations and the World Bank.
Yana van der Meulen Rodgers is Associate Professor of Women’s and Gender Studies at Rutgers University. She teaches courses and conducts research on gender and economic development, and she consults for the World Bank and the United Nations. She received her BA from Cornell University and her Ph.D in economics from Harvard University.
Stephanie Seguino, PhD is Professor of Economics at the University of Vermont where she teaches macroeconomics; globalization; and stratification economics. Her research examines the relationship between income distribution and macroeconomic outcomes. Her latest research explores the distributional effects of contractionary monetary policy by race and gender. Dr. Seguino has served as Associate Editor of Feminist Economics; is President-elect of the International Association for Feminist Economics; and has conducted research for the United Nations and the World Bank.