Busting up the ol’ boys club
Elaine Zuckerman is a woman I met last month at the AWID Women’s Rights in Development conference in Istanbul, Turkey; she fights in Washington D.C. every day for women’s voices to be heard in international financial institutions (IFI). She started Gender Action 10 years ago, and it is the only organization that holds international financial institutions accountable for how they effect women and girls. Organizations like the World Bank and the International Monetary Fund are taxpayer funded (so basically funded by us), and some of their main goals include working towards the financial stability and economic growth of their member countries. For example, when a country goes bankrupt, these international financial institutions loan them money to rebuild, but also impose many policies that control those countries. These policies are not always in the best interest of the country’s people, and especially not in the best interest of the country’s women and girls.
Here is Elaine:
As girls growing up in this crazy world, I think knowing as much as we can about how the money world works is very important. Before going to the AWID forum, I didn’t have any interest in banking or economics, but the women at the conference, including Elaine, made it clear that if we want to change the world, we need to know about how our economies work. The World Bank and IMF are intimately involved in the detriment or success of our sisters around the world.