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The Asian Crisis,Gender, and the International Financial Architecture
Authors:Nahid Aslanbeigui  Gale Summerfield
Affiliation:1. University of Illinois, Department of Economics , 1206 S. Sixth St., 496 Wohlers Hall, Champaign, IL, 61820, USA E-mail: m-ferber@uiuc.edu;2. University of Amsterdam, Department of Economics and Econometrics , Roetersstraat 11, Amsterdam, NL-1018 WB, The Netherlands E-mail: E.Kuiper@uva.nl;3. University of Warsaw, Institute for Social Studies , ul. Stawki 5/7, 00-183, Warszawa, Poland E-mail: agszka@poczta.onet.pl;4. University of Miskolc, Institute for Economic Theories , H3515 Miskolc-Egyetemvaros, Hungary E-mail: k.majoros@chello.hu;5. University of Miskolc and Department of Gender Studies, Central European University , 1051 Nador utca 9, Hungary E-mail: petoand@axelero.hu
Abstract:This paper begins with an account of the Asian crisis, its creation and management by international financial institutions (the International Monetary Fund and the World Bank), and the gender impact of their stabilization and structural adjustment programs. Next we consider the new debate on reforming the IMF and the World Bank and restructuring the international financial architecture to prevent crises and manage them more effectively. Finally, we consider the gender ramifications of these changes. Since feminists have been absent from this debate, we examine issues essential to the formation of a gender-conscious international financial structure.
Keywords:International Financial Architecture  International Financial Institutions  International Monetary Fund  World Bank  Structural Adjustment  Asian Crisis  Debt Crisis  Gender Impact Of The Asian Crisis
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