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Sovereign debt default and gender inequality in Developing Countries
This article investigates the impact of sovereign debt defaults on gender inequality. The study applies dynamic panel econometric techniques to data for 130 developing countries from 1971 to 2022, finding that sovereign debt defaults increase gender inequality in developing countries in numerous dimensions, including education, employment, political representation, and legal rights. Through heterogeneity analysis, the study finds consistent adverse effects of sovereign debt defaults on gender inequality across regions. The effects tend to be more pronounced in high-income developing countries and those with high levels of defaulted sovereign debt […]