IMF: Divergent recoveries stem from divergent policies Pt. II
With Bhumika Muchhala
A progressive fiscal framework recognizes that human...
Public and private debt reduce the fiscal space for governments to ensure the maximum amount of resources for gender equality and women’s human rights as well as sustainable development. For decades, conditionalities (including austerity measures) have depleted the capacity of States to ensure health and education systems, as well as social protection mechanisms. Economic shocks linked to debt have proven to increase the burden of unpaid domestic and care work, because the capacity of social expenditure is reduced, and women amortize those shocks.