The Financial Requirements of Achieving Gender Equality and Women's Empowerment

Levy Economics Institute Working Paper No. 467

60 Pages Posted: 18 Aug 2006

See all articles by Caren Grown

Caren Grown

Bard College - Levy Economics Institute

Chadrika Bahadur

United Nations - Millennium Project

Jessie Handbury

University of Pennsylvania, The Wharton School

Diane Elson

Bard College - The Levy Economics Institute

Date Written: August 2006

Abstract

Although the Millennium Development Goals (MDGs) have been ratified in global and national forums, they have not yet been incorporated into operational planning within governments or international organizations. The weak link between the policies and the investments needed for their implementation is one barrier to progress. An assessment of the resources required is a critical first step in formulating and implementing strategies to achieve the MDGs. This is especially true for policies to promote gender equality and empower women. Although enough is known about such policies to implement them successfully, the costs of such interventions are not systematically calculated and integrated into country-level budgeting processes. Using country-level data, the paper estimates the costs of interventions aimed at promoting gender equality and women's empowerment in Bangladesh, Cambodia, Ghana, Tanzania, and Uganda. It then uses these estimates to calculate the costs of such interventions in other low-income countries. Finally, the paper projects the financing gap for interventions that aim directly at achieving gender equality, first for the five countries, and subsequently for all low-income countries.

Keywords: Millennium Development Goals, gender equality, cost estimates, financing gap, gender mainstreaming, public expenditure, macroeconomic policy, overseas development assistance

Suggested Citation

Grown, Caren and Bahadur, Chadrika and Handbury, Jessie and Elson, Diane, The Financial Requirements of Achieving Gender Equality and Women's Empowerment (August 2006). Levy Economics Institute Working Paper No. 467, Available at SSRN: https://ssrn.com/abstract=923851 or http://dx.doi.org/10.2139/ssrn.923851

Caren Grown (Contact Author)

Bard College - Levy Economics Institute ( email )

Annandale-on-Hudson, NY 12504-5000
United States
845-758-7738 (Phone)

Chadrika Bahadur

United Nations - Millennium Project ( email )

Jessie Handbury

University of Pennsylvania, The Wharton School ( email )

3641 Locust Walk
Philadelphia, PA 19104
United States

Diane Elson

Bard College - The Levy Economics Institute ( email )

Blithewood
Annandale-on-Hudson, NY 12504-5000
United States

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