After 30 years of neoliberal globalization, it has been increasingly acknowledged that austerity, privatization, deregulation of finance, markets and corporations, and trade and investment liberalization have had a devastating and discriminatory impact on women. United Nations experts, treaty bodies and international nongovernmental organizations have heard the persistent critiques of civil society groups and recognize that neoliberalism has a discriminatory and adverse impact on women. In a remarkable turnaround, even the International Monetary Fund is now conscious of the evidence that neoliberal policies are driving inequalities. It is now clear that neoliberalism is sexist and is simply incapable of supporting gender equitable and just sustainable development.
Kate Lappin is regional coordinator of the Asia Pacific Forum on Women, Law and Development, a network of 220 women’s rights organizations and movements across the Asia-Pacific region.
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