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Bargawi, Hannah and Cozzi, Giovanni (2016) 'Making the Case for a Gender-aware, Investment-led Recovery for Europe.' In: Bargawi, Hannah, Cozzi, Giovanni and Himmelweit, Susan, (eds.), Economics and Austerity in Europe: Gendered Impacts and Sustainable Alternatives. London: Routledge, pp. 137-154. (Routledge IAFFE Advances in Feminist Economics)

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Using the Cambridge Alphametrics Model (CAM), a structuralist macroeconomic model, this chapter compares and contrasts the economic and social consequences of continuing with business-as-usual austerity policies versus implementing a gender-equitable, investment-led alternative in Europe. The results show that economic growth and increased employment can be achieved simultaneously via the adoption of gender-aware expansionary macroeconomic policies and by gendering government expenditure (ie investing in services that generate female employment and enhance women’s well-being). This chapter argues that such a macroeconomic strategy would lead to substantial gains in job creation for women and men, accelerated growth and reductions in government debts and fiscal deficits.

Item Type: Book Chapters
SOAS Departments & Centres: Departments and Subunits > Department of Economics
Legacy Departments > Faculty of Law and Social Sciences > Department of Economics
ISBN: 9781138646087
Date Deposited: 29 Jun 2016 15:25

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