Public Finance
What does GBIs stand for?
Gender Budget Initiatives
What is the term for the government's ability to raise revenue and spend money on public priorities?
Fiscal space
What is a fiscal democracy?
Giving citizens a meaningful voice in government budget decisions
What is the term for when governments have less ability to raise revenue and spend money on social programs?
Global fiscal squeeze
What does WBI stand for
Women Budget Initiatives
What do GBI's do?
Initiatives aimed to make budgets more gender equitable for women
People can see and understand how government money is spent.
What type of globalization makes it easier for finance, goods, and services to move across borders?
Profit-led globalization
Tanzania
What does VAT (value added tax) do?
raise price of goods
Debt relief
What does government accountability mean?
Officials need to explain and take responsibility for their economic decision-making.
Name one thing governments may lower to attract foreign investment?
Corporate taxes or import tariffs
What are the objectives of gender budgets?
Raise awareness, accountability, and bring change
What did the Beijing Platform agree to take action on in 1995?
to incorporate gender equity into government budgets
Name one reason international competition for investment can limit a government's fiscal space
Pressure from investors to lower taxes
What is it called when citizens help decide how much money is spent?
Participation or shared decision making
Why does Elson describe globalization as "asymmetric"?
What purpose does WBI serve?
A form of policy monitoring and audit is used to inform parliamentarians so that they are able to better understand the gender implications of the government budgets
Between Neoliberal and Keynesian, which approach would work best and why?
Although Keynesian economics assumes a male-breadwinner bias, it allows greater flexibility in the budget.
What is the purpose of the proposed Tobin Tax?
Generate revenue from international financial activity to help fund public services
In the Mexico example, women's advocacy helped increase funding for which type of healthcare by 40%?
Reproductive healthcare
How can the fiscal squeeze increase the burden on women?
Cuts to public services can increase unpaid care work and reduce programs that support women
What are the five steps in WBI?
Review, analyze, check resources, examine, and assess longterm