By designing a policy package around the needs of contemporary families, political leaders can promote women’s rights, children’s development, and employment. The same policies would therefore be a boon to economic growth and poverty reduction.
NEW YORK – Political economy has come a long way. Many figures and institutions that have long embraced neoliberalism increasingly recognize the failures of markets and acknowledge that states may have a role to play in improving socioeconomic outcomes. Even the International Monetary Fund now discusses the “macro-criticality” of social protection, the need for progressive taxation, and, potentially, universal transfers.
NEW YORK – Political economy has come a long way. Many figures and institutions that have long embraced neoliberalism increasingly recognize the failures of markets and acknowledge that states may have a role to play in improving socioeconomic outcomes. Even the International Monetary Fund now discusses the “macro-criticality” of social protection, the need for progressive taxation, and, potentially, universal transfers.