Eliminating discrimination against women in economic and social life with a focus on economic crisis 2014, para. 18
Paragraph
Paragraph text
Economic governance is generated not only de jure by political decision-making, but also de facto by the activities of economic and financial institutions, enterprises and corporations at international, transnational and national levels. The International Monetary Fund (IMF), the World Bank, regional development banks and the World Trade Organization (WTO) constrain national economic policies. In the year 2000, the top 200 companies surpassed the economies of 182 countries; they exercise significant power in determining policy. The private sector creates and defines jobs, produces growth, sets parameters of income distribution and affects the social and environmental conditions of the communities in which they function.
Legal status
Non-negotiated soft law
Body
Working Group on the issue of discrimination against women in law and practice
Document type
Special Procedures' report
Means of adoption
N.A.
Topic(s)
Economic Rights
Equality & Inclusion
Governance & Rule of Law
Person(s) affected
Women
Year
2014
Paragraph type
Other
Reference
WG Discrimination Against Women, Report to the HRC (2014), A/HRC/26/39, para. 18.