We need a feminist approach to tackling inflation
WBG’s response to the Bank of England’s interest rate announcement.
Report
A cross-comparative overview of how different countries in the OECD have addressed the cost of living crisis with an emphasis on women.
There is overwhelmingly evidence illustrating how the cost of living (COL) crisis has been disproportionately affecting lower income groups (as they have lower savings; spend a greater proportion of their budget on food and energy, and less able to absorb rising costs). Consequently, women have often borne the brunt of this crisis.
This is why gender analysis of the impact of the COL crisis – and policy responses – are critical. Not only are women over-represented among lower income households, but other inter-related factors mean that women are more exposed to the effects.
In order to shed light on what a better response to the COL crisis could have looked like, we analysed international responses, aiming to highlight effective measures that prevent exacerbating gender inequality.
This report focuses on fiscal responses in five OECD countries—Australia, Canada, France, the Netherlands and Spain—highlighting innovative and comprehensive policies to mitigate the crisis’s impact, particularly on women.
WBG’s response to the Bank of England’s interest rate announcement.
Ahead of the Budget, WBG is calling on the Chancellor to boost funding for early years and childcare.
“Short-term relief, but no long-term solution”
The Women’s Budget Group are pleased to have submitted the following responses to the Labour Party’s National Policy Forum.