Macro-economic theories and macro-economic policies in general, and fiscal policies in particular, are seldom, if ever, gender-neutral. Since the mid-eighties, gender budget analysis, which has been undertaken in many countries, has been a key strategy to challenge macro-economic theorising and policy-making. Such initiatives, along with a variety of pro-poor budget initiatives, constitute the major challenge to the prevailing fiscal policy stance in many countries. The purpose of this paper is to discuss the changes in the fiscal policy stance in the context of liberalisation and globalisation in order to draw out their implications for social inequality, especially gender inequality. The article ends by discussing a variety of policy advocacy positions open to feminist activists, to build on the work of gender budget initiatives.
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