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Progress of the World's Women 2015- 2016

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TOWARDS AN ENABLING MACROECONOMIC ENVIRONMENT 190 IN BRIEF

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INTRODUCTION

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WHAT’S WRONG WITH MACROECONOMIC POLICY?

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Gender issues in macroeconomic policy and its goals Macroeconomic policy, employment and gender equality Macroeconomic policy, social policy and gender equality

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A RIGHTS-BASED MACROECONOMIC POLICY AGENDA

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GLOBAL ECONOMIC GOVERNANCE AND GENDER EQUALITY

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CONCLUSIONS

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Maximizing resources for substantive equality Making monetary policy work for human rights Guarding against retrogression of economic and social rights Preventing the accumulation of socio-economic disadvantage Democratizing macroeconomics by strengthening women’s agency, voice and participation Global economic integration and policy space A rights-based framework for global economic governance

MAKING PROGRESS/STORIES OF CHANGE COUNTING WOMEN IN: Putting gender equality at the heart of governance in Morocco FIGURES Figure 4.1 Female to male secondary school enrolment ratio and per capita GDP, 2011 Figure 4.2 Time spent per day on unpaid care and domestic work, by sex and total value as a percentage of GDP Figure 4.3 Economic value of unpaid care and domestic work and select areas of economic activity as a percentage of GDP, 2013 Figure 4.4 Government general revenues (as a percentage of GDP) and GDP per capita, 2013 Figure 4.5 Types of revenue, their regressivity and their impact on social relations Figure 4.6 A rights-based approach to macroeconomic policy Figure 4.7 Open Budget Index, 2012 Figure 4.8 Sex composition of board of directors for select intergovernmental and private financial and regulatory institutions, 2014 BOXES Box 4.1 Gender biases in budget and tax policy – the Women’s Budget Group Box 4.2 Crisis, austerity and retrogression in women’s economic and social rights Box 4.3 Key principles for a human rights-based macroeconomic policy Box 4.4 Creation of a sovereign wealth fund in Papua New Guinea Box 4.5 Social protection and gender equality in Costa Rica Box 4.6 Campaigning for gender equality in budget policy in the United Republic of Tanzania Box 4.7 Constraints on macroeconomic policy in post-conflict settings Box 4.8 Maastricht Principles, extraterritorial obligations and global economic governance

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198 200 201 206 207 209 222 227 195 204 210 212 217 221 224 227

MOVING FORWARD: AN AGENDA FOR PUBLIC ACTION

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ANNEXES

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MONITORING WOMEN’S ECONOMIC AND SOCIAL RIGHTS: THE ROLE OF GENDER STATISTICS

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ANNEX 1: PROFILE OF WOMEN AND MEN IN THE POOREST HOUSEHOLDS ANNEX 2: REALIZING THE RIGHT TO EDUCATION ANNEX 3: RIGHTS AT WORK: LAWS, POLICIES AND WORKING CONDITIONS ANNEX 4: RIGHT TO WORK: OPPORTUNITIES, CONSTRAINTS AND EQUALITY ANNEX 5: THE RIGHT TO SOCIAL SECURITY ANNEX 6: CONVENTION ON THE ELIMINATION OF ALL FORMS OF DISCRIMINATION AGAINST WOMEN ANNEX 7: UN WOMEN REGIONAL GROUPINGS

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ENDNOTES AND REFERENCES BACKGROUND PAPERS

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ENDNOTES

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REFERENCES

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