IDEAS home Printed from https://ideas.repec.org/a/pal/develp/v64y2021i1d10.1057_s41301-021-00290-4.html
   My bibliography  Save this article

Bretton Woods’ Pandemic Policies: A Gender Equality Analysis—Perspectives from Latin America

Author

Listed:
  • Juan Pablo Bohoslavsky
  • Mariana Rulli

    (Universidad Nacional de Río Negro)

Abstract

Using a human rights and feminist economist perspective, this article analyzes the emergency financial policies deployed by international financial institutions (IFIs)—in particular the IMF and the World Bank—to help countries in Latin America cope with the COVID-19 crisis. Looking at the macroeconomic and fiscal assumptions behind IMF loans to countries, it identifies clear signals that fiscal discipline and pro-market options will continue to be priorities as soon as the emergency has been overcome. The study explains how recent adjustment and austerity policies adopted by a number of countries have disproportionately affected women’s human rights, reinforcing the invisibilization of gender inequalities in domestic and care work and in turn, making women even more vulnerable to the impact of the pandemic and resulting economic recession. It concludes that in order to properly consider the conditions of IFI loans, countries must evaluate the probable impact of these financial contracts on people’s human rights, and in particular on gender equality.

Suggested Citation

  • Juan Pablo Bohoslavsky & Mariana Rulli, 2021. "Bretton Woods’ Pandemic Policies: A Gender Equality Analysis—Perspectives from Latin America," Development, Palgrave Macmillan;Society for International Deveopment, vol. 64(1), pages 97-106, June.
    • Handle: RePEc:pal:develp:v:64:y:2021:i:1:d:10.1057_s41301-021-00290-4
    DOI: 10.1057/s41301-021-00290-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1057/s41301-021-00290-4
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1057/s41301-021-00290-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Nicole Detraz & Dursun Peksen, 2016. "The Effect of IMF Programs on Women’s Economic and Political Rights," International Interactions, Taylor & Francis Journals, vol. 42(1), pages 81-105, January.
    2. Sophie Harman, 2016. "Ebola, gender and conspicuously invisible women in global health governance," Third World Quarterly, Taylor & Francis Journals, vol. 37(3), pages 524-541, March.
    3. Pautassi, Laura C. & Rodríguez Enríquez, Corina, 2016. "Violencia contra las mujeres y políticas públicas: implicancias fiscales y socioeconómicas," Asuntos de Género 40483, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    4. Forster, Timon & Kentikelenis, Alexander E. & Stubbs, Thomas H. & King, Lawrence P., 2020. "Globalization and health equity: The impact of structural adjustment programs on developing countries," Social Science & Medicine, Elsevier, vol. 267(C).
    5. Irene Yackovlev & Ms. Zuzana Murgasova & Fei Liu & Gohar Minasyan & Ke Wang, 2020. "How to Operationalize IMF Engagement on Social Spending during and in the aftermath of the COVID-19 Crisis," IMF Fiscal Affairs Department 2020/002, International Monetary Fund.
    6. Stephanie Seguino, 2020. "Engendering Macroeconomic Theory and Policy," Feminist Economics, Taylor & Francis Journals, vol. 26(2), pages 27-61, April.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chletsos, Michael & Sintos, Andreas, 2023. "The effects of IMF conditional programs on the unemployment rate," European Journal of Political Economy, Elsevier, vol. 76(C).
    2. Karin Astrid Siegmann & Hadia Majid, 2021. "Empowering Growth in Pakistan?," The Indian Journal of Labour Economics, Springer;The Indian Society of Labour Economics (ISLE), vol. 64(2), pages 309-331, June.
    3. Mark Setterfield, 2024. "Integrating the Social Reproduction of Labour into Macroeconomic Theory," Working Papers 2405, New School for Social Research, Department of Economics.
    4. Anis Z. Chowdhury & K. S. Jomo, 2020. "Responding to the COVID-19 Pandemic in Developing Countries: Lessons from Selected Countries of the Global South," Development, Palgrave Macmillan;Society for International Deveopment, vol. 63(2), pages 162-171, December.
    5. Ida Bastiaens & Evgeny Postnikov & Anne‐Kathrin Kreft, 2023. "Labour provisions in trade agreements and women's rights in the global south," Global Policy, London School of Economics and Political Science, vol. 14(5), pages 702-715, November.
    6. Melissa Langworthy, 2024. "‘Power of economics without power in economics’: examinations of gender/power in the neoliberal economic order," Review of Evolutionary Political Economy, Springer, vol. 5(2), pages 351-369, September.
    7. Cristina Mocanu, 2020. "A Glimpse on Gender Inequality in Paid and Unpaid Works During Pandemic Times," Postmodern Openings, Editura Lumen, Department of Economics, vol. 11(2), pages 105-112, July.
    8. Aleksanyan, Yeva & Weinman, Jason P., 2022. "Women, men and COVID-19," Social Science & Medicine, Elsevier, vol. 294(C).
    9. Brzezinski, Michal, 2021. "The impact of past pandemics on economic and gender inequalities," Economics & Human Biology, Elsevier, vol. 43(C).
    10. Manuel Santos Silva & Stephan Klasen, 2021. "Gender inequality as a barrier to economic growth: a review of the theoretical literature," Review of Economics of the Household, Springer, vol. 19(3), pages 581-614, September.
    11. Arulingam, Indika & Brady, G. & Chaya, M. & Conti, M. & Kgomotso, P. K. & Korzenszky, A. & Njie, D. & Schroth, G. & Suhardiman, Diana, 2022. "Small-scale producers in sustainable agrifood systems transformation," IWMI Reports 329171, International Water Management Institute.
    12. Aashima Sinha & Ashish Kumar Sedai, 2024. "Why Care for the Care Economy: Empirical Evidence from Nepal," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 50(3), pages 337-373, June.
    13. Zuazu-Bermejo, Izaskun, 2024. "Reviewing feminist macroeconomics for the XXI century," ifso working paper series 30, University of Duisburg-Essen, Institute for Socioeconomics (ifso).
    14. Alexander Kentikelenis & Thomas Stubbs, 2022. "Austerity Redux: The Post‐pandemic Wave of Budget Cuts and the Future of Global Public Health," Global Policy, London School of Economics and Political Science, vol. 13(1), pages 5-17, February.
    15. Carmen de Paz & Miriam Muller & Ana Maria Munoz Boudet & Isis Gaddis, 2020. "Gender Dimensions of the COVID-19 Pandemic," World Bank Publications - Reports 33622, The World Bank Group.
    16. Rulia Akhtar & Muhammad Mehedi Masud & Nusrat Jafrin & Sharifah Muhairah Shahabudin, 2023. "Economic growth, gender inequality, openness of trade, and female labour force participation: a nonlinear ARDL approach," Economic Change and Restructuring, Springer, vol. 56(3), pages 1725-1752, June.
    17. Andi Faisal Anwar & Angelina Putri Asnun & Abdul Wahab, 2021. "Measuring the Impact of Inclusive Economic Growth; Empirical Study of SDGs in Indonesia," Technium Social Sciences Journal, Technium Science, vol. 25(1), pages 192-218, November.
    18. Sevgi Çoban, 2022. "Gender and telework: Work and family experiences of teleworking professional, middle‐class, married women with children during the Covid‐19 pandemic in Turkey," Gender, Work and Organization, Wiley Blackwell, vol. 29(1), pages 241-255, January.
    19. Izaskun Zuazu, 2024. "Reviewing feminist macroeconomics for the twenty-first century," Review of Evolutionary Political Economy, Springer, vol. 5(2), pages 271-299, September.
    20. Moszoro Marian W., 2024. "The direct employment impact of public investment," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 60(1), pages 59-74, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:develp:v:64:y:2021:i:1:d:10.1057_s41301-021-00290-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.