Are women included in the private turn? a case study on how women's empowerment is taken into account in Finnfund's investments to the global south

The overall aim of the research was to study how women and women’s empowerment are included in private finance for development. During recent years, the importance of private finance for development has increased while public finance in many countries has decreased. This phenomenon, the private turn...

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Main Author: Seppänen, Jenni
Other Authors: Humanistis-yhteiskuntatieteellinen tiedekunta, Faculty of Humanities and Social Sciences, Yhteiskuntatieteiden ja filosofian laitos, Department of Social Sciences and Philosophy, Jyväskylän yliopisto, University of Jyväskylä
Format: Master's thesis
Language:eng
Published: 2019
Subjects:
Online Access: https://jyx.jyu.fi/handle/123456789/64503
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author Seppänen, Jenni
author2 Humanistis-yhteiskuntatieteellinen tiedekunta Faculty of Humanities and Social Sciences Yhteiskuntatieteiden ja filosofian laitos Department of Social Sciences and Philosophy Jyväskylän yliopisto University of Jyväskylä
author_facet Seppänen, Jenni Humanistis-yhteiskuntatieteellinen tiedekunta Faculty of Humanities and Social Sciences Yhteiskuntatieteiden ja filosofian laitos Department of Social Sciences and Philosophy Jyväskylän yliopisto University of Jyväskylä Seppänen, Jenni Humanistis-yhteiskuntatieteellinen tiedekunta Faculty of Humanities and Social Sciences Yhteiskuntatieteiden ja filosofian laitos Department of Social Sciences and Philosophy Jyväskylän yliopisto University of Jyväskylä
author_sort Seppänen, Jenni
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description The overall aim of the research was to study how women and women’s empowerment are included in private finance for development. During recent years, the importance of private finance for development has increased while public finance in many countries has decreased. This phenomenon, the private turn in development finance, has been present in development policies worldwide. The research was conducted as a case study on the private turn in Finland, focusing on the Finnish Fund for Industrial Cooperation Ltd, Finnfund. The research aimed at studying how women are taken into account in Finnfund’s investments to the global South, and how, if in any way, Finnfund strives to empower women through its investments. Moreover, the research aimed at finding out whether the first two priority areas in Finland’s development policy, enhancing women’s status and rights and strengthening developing countries’ economies, support one another. Being a case study, the data was varied and consisted of two expert interviews and Finnfund’s official documents. The data was analyzed following thematic analysis, and feminist approaches to development served as a theoretical framework for the research. The findings of the study indicate that women’s concerns are incorporated in Finnfund’s work. Finnfund uses gender lens investing approach in its investments and strives to empower women economically through its investments. Despite of that, the findings illustrate that Finnfund largely fails to take into account women’s reproductive roles, has limited effort to change unequal norms, and does not reach the most vulnerable people in the global South. Nevertheless, the findings indicate that Finnfund has an important role in Finland’s development policy. Based on the research, some policy recommendations can be given to Finnfund. These include stronger implementation of the gender equality statement and enhanced execution of gender mainstreaming. More broadly, the policy recommendations include increasing public finance to the areas in which private finance for development works poorly. These include advocacy work, concerns related to women’s reproductive roles, and empowerment of the most vulnerable people.
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spellingShingle Seppänen, Jenni Are women included in the private turn? : a case study on how women's empowerment is taken into account in Finnfund's investments to the global south private turn private finance development finance institutions Finnfund gender lens investing women's empowerment development policy Kansainvälinen kehitystyö (maisteriohjelma) Master's Degree Programme in Development and International Cooperation 209 naiset kehityspolitiikka voimaantuminen kehitysyhteistyö sukupuoli women developing country policy empowerment development cooperation gender
title Are women included in the private turn? : a case study on how women's empowerment is taken into account in Finnfund's investments to the global south
title_full Are women included in the private turn? : a case study on how women's empowerment is taken into account in Finnfund's investments to the global south
title_fullStr Are women included in the private turn? : a case study on how women's empowerment is taken into account in Finnfund's investments to the global south Are women included in the private turn? : a case study on how women's empowerment is taken into account in Finnfund's investments to the global south
title_full_unstemmed Are women included in the private turn? : a case study on how women's empowerment is taken into account in Finnfund's investments to the global south Are women included in the private turn? : a case study on how women's empowerment is taken into account in Finnfund's investments to the global south
title_short Are women included in the private turn?
title_sort are women included in the private turn a case study on how women s empowerment is taken into account in finnfund s investments to the global south
title_sub a case study on how women's empowerment is taken into account in Finnfund's investments to the global south
title_txtP Are women included in the private turn? : a case study on how women's empowerment is taken into account in Finnfund's investments to the global south
topic private turn private finance development finance institutions Finnfund gender lens investing women's empowerment development policy Kansainvälinen kehitystyö (maisteriohjelma) Master's Degree Programme in Development and International Cooperation 209 naiset kehityspolitiikka voimaantuminen kehitysyhteistyö sukupuoli women developing country policy empowerment development cooperation gender
topic_facet 209 Finnfund Kansainvälinen kehitystyö (maisteriohjelma) Master's Degree Programme in Development and International Cooperation developing country policy development cooperation development finance institutions development policy empowerment gender gender lens investing kehityspolitiikka kehitysyhteistyö naiset private finance private turn sukupuoli voimaantuminen women women's empowerment
url https://jyx.jyu.fi/handle/123456789/64503 http://www.urn.fi/URN:NBN:fi:jyu-201906103118
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