bhatia1_Dominic LipinskiPA Images via Getty Images_woman central bank Dominic Lipinski/PA Images via Getty Images

Why We Need Gender-Responsive Central Banking

Now that the pandemic has deepened a wide range of gender disparities and imposed a disproportionately large toll on women, central banks must recognize that they have a role to play in reversing these trends. Better economic conditions for women will mean a stronger recovery for all.

NEW YORK – The coronavirus pandemic has hit women especially hard, particularly where they are most vulnerable: their incomes, health, and safety. Women make up the majority of workers in many of the sectors of our economies that came to a standstill last year. Making matters worse for women, health systems have cut or delayed sexual and reproductive health services to streamline treatment for COVID-19. And lockdowns and curfews have coincided with a spike in domestic violence.

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