This paper presents a unified framework on how varied macro-level financial insurance policies and exterior finance methods can be utilized to extend funding for gender equality outcomes. It examines the potential of presidency spending and taxation, in addition to financial insurance policies (like mortgage ensures and asset-backed reserve necessities) to increase fiscal house. The significance of macroprudential insurance policies in mitigating the discount of fiscal house throughout financial downturns can be highlighted.
For creating international locations, the paper emphasizes exterior finance as an important supply of fiscal house, discussing insurance policies that alleviate exterior debt, enhance entry to concessional finance, and enhance particular drawing rights (SDRs). The paper distinguishes between insurance policies with a direct monetary affect on gender equality investments and people with oblique results. It underscores the function of gender-responsive benchmarks and gender markers in directing sources in the direction of gender equality outcomes within the latter case. Equally, it differentiates between “gender-indifferent” and “gender-informed” exterior finance methods, suggesting how gender benchmarks and markers can be utilized to reallocate SDRs or inform debt restructuring and cancellation.
Finally, the paper argues for a broader understanding of fiscal house past conventional monetary evaluation centered on borrowing and debt sustainability. It proposes another view that acknowledges the funding nature of sure public expenditures, suggesting that fiscal house for gender equality could be created and strengthened by leveraging a wider vary of coverage devices.
Trending Merchandise
