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Critical and Feminist Perspectives on Financial and Economic Crises (Paperback)
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Critical and Feminist Perspectives on Financial and Economic Crises (Paperback)
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Economic and financial crises have become perennial features of
today's global economy. Macroeconomic theories of crisis, including
the global crisis that unfolded in 2008, emphasize the role of
financial deregulation; capital flow imbalances; and growing debt,
fueled by income and wealth inequality. These approaches tend to be
divorced from feminist thinking which analyzes broader
distributional dynamics transmitted through structural channels and
government policy responses, with an emphasis on gender, race,
class and ethnicity. This volume brings together innovative
thinking from heterodox macroeconomists and feminist economists to
explore the causes, consequences, and ramifications of economic
crises. By doing so, it highlights aspects of the economy that are
frequently overlooked or ignored, such as the impact of crises on
the vast amount of unpaid work which women perform relative to men.
The collection of international studies assembled here takes an
innovative approach to analyzing a range of issues, from the
subprime mortgage crisis to the gendered effects of austerity to
the role of the International Monetary Fund in governing an
unstable global economy. In so doing, it looks beyond causes and
consequences and points to new directions for macroeconomic and
financial policy. This book was originally published as a special
issue of Feminist Economics.
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