TY  - JOUR
PY  - 2000//
TI  - Financial Crisis, Gender, and Power: An Analytical Framework
JO  - World development
A1  - Floro, Maria
A1  - Dymski, Gary
SP  - 1269
EP  - 1283
VL  - 28
IS  - 7
N2  - This paper begins to remedy the neglect of gender aspects of financial crises by exploring a suggestive microfoundational model of unequal gender power and cost-bearing in a borrower household. This model shows that financial-market liberalization can assess women's access to formal sector employment and encourage the growth of household credit, both for a household enterprise and for the acquisition of labor-saving household assets. The price of these gains, however, is greater household risk because of greater cash-flow dependence and financial fragility. A financial crisis can force the household to bear heavier adjustment costs than would otherwise be felt; and these costs may well be borne disproportionately by women, who become more economically vulnerable as a result.<p /> 
LA  - 
SN  - 0305-750X
UR  - http://dx.doi.org/10.1016/S0305-750X(00)00025-5
ID  - ref1
ER  -