UN Women, together with GADN, WIEGO, the ILO, the ITUC, Open Society Foundations and ActionAid, has released a new discussion paper on macroeconomic policy and women's economic empowerment. This paper is the result of a collaboration initiated in consultation with several members of the United Nations Secretary-General’s High-Level Panel on Women’s Economic Empowerment.
The paper argues that the ability to advance women’s economic empowerment (WEE) will be shaped by the overall economic environment, and macroeconomic policies play a key role in this respect.
It makes several key recommendations for gender-responsive macroeconomic policy:
- Redefine the goals of macroeconomic policy to include the achievement of women’s economic empowerment.
- Recognize the importance of unpaid care and domestic work, as well as informal employment in macroeconomic policymaking.
- Use macroeconomic policy to increase the amount of decent work available to women, especially those at the bottom of the economic pyramid.
- Maximize fiscal space for investing in women’s economic empowerment.
- Build economic resilience and promote the income security of women workers.
- Enable a greater collective voice for women in economic policy decision-making.
You can find out more about GADN's work on gender equality and macroeconomics here.