8/22/2023 0 Comments Project syndicate![]() And gendered inequalities have only deepened with the pandemic, owing to the health, economic and care crisis that it created. These disparities explain why poverty disproportionately affects women globally. We know that women generally earn less than men, face more obstacles in the labour market and do most of the unpaid work in the home. This intellectual and political movement is advancing entirely new ways of thinking about economics, driving innovation in public policy and bringing more women into the economic policymaking process.įeminist economics calls attention to the gendered nature of economic inequality. ![]() Positive examples from Latin Americaīut notable exceptions can be found in Latin America, where a feminist economics has brought the care sector to the forefront. For example, even though the pandemic exposed deep flaws in how we think about care, many governments and businesses continue to neglect this dimension of the economy. To reconfigure our economies for growth and sustainable development, we must go back to the intellectual drawing board to identify elements of economic theory and practice that have been overlooked. Worse, a host of other problems also now demand our immediate attention – from high and rising debt and increasing job precarity to inflation, climate change and food insecurity. Perversely, both extreme wealth and extreme poverty have increased simultaneously for the first time in 25 years. Not everyone has lost out from the ‘polycrisis’ that we are now enduring.
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