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TED Talks Daily

How to share public money fairly | Maja Bosnic

TED Talks Daily

TED

Creativity, Business, Design, Inspiration, Society & Culture, Science, Technology, Education, Tech Demo, Ted Talks, Ted, Entertainment, Tedtalks

4.111.9K Ratings

🗓️ 9 March 2022

⏱️ 12 minutes

🧾️ Download transcript

Summary

"We have the right to demand budgets to be equitable, to be fair," says economist Maja Bosnic. One way to get there is to make them gender-responsive. With examples from the nearly 80 countries around the world already factoring gender into public finance decisions, she shares how budgets that actively account for gender don't just lead to equality -- they're also more efficient and effective.

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Transcript

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0:00.0

I'm Elise Hugh. You're listening to TED Talks Daily. I have to admit, when I first saw today's talk from TED Women in 2021, I was really surprised by the huge gender gaps in the way public funds, so taxpayer dollars, are distributed.

0:19.7

Public finance expert, Maya Bosnick, lays out the ways money for public health or education

0:24.8

or social programs often doesn't meet its good intentions and what can be done about it.

0:34.4

So I come from Bosnia.

0:37.3

I mean, I live in Sweden now, but you don't need to know my whole life story.

0:41.1

But the story that I do want to share is from my home country. So close to 50% of the land in Bosnia is dedicated to agriculture and farming.

0:52.8

So the government decides to support farmers,

0:56.0

to set up the budget, to set up the requirements

0:58.0

for the people to receive the budget,

1:00.0

and then to disperse the funds.

1:02.0

So they do that, and towards the end of the process,

1:05.0

they decide to analyze who really received these funds.

1:08.0

And they did that, and the Ministry of Agriculture was shocked,

1:12.6

because only one group of citizens received 90% of these funds.

1:18.6

And those were men, men working in agriculture.

1:22.6

So where were the women?

1:24.6

Why didn't they have access to the funds?

1:26.6

The Ministry of Agriculture was surprised because they didn't mean to discriminate.

1:31.6

They knew they were women working in agriculture, right?

1:35.1

So they went back and analyzed the situation.

1:38.7

And the problem was, well, there were three things.

1:41.4

The first thing is they didn't even know the gender of farmers

...

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