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Are “Effective Economics” Contributing to the Improvement of Women or Just Another Backlash?

19 Maret 2010   04:46 Diperbarui: 26 Juni 2015   17:19 23 0

Economic efficiency is the idea that economics work most efficiently when there is no rearrangement of resources that would produce greater total output (Palmer, 1992,p.71). Thus, to make the market effective and efficient, government based on neo-liberalism policies encourages people to enter the free market in any sector (input) that creates product/money (output). In the neo-liberalization perspective everyone is an entrepreneur and if one cannot produce money, he/she would be considered as a burden. There are two basic assumptions based on economic efficiency: first, resources are free to move between different uses and between different employees; second, every producer is faced with the same set of prices which are determined by competitive market forces (Palmer, 1992, p.72). What then comes to mind is the woman's status in the household. Since those assumptions neglect the fact that the level of participation of men and women in the labour force is different. The unpaid labour of women leaves questions such as:

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