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Pecuniary Reparations Following National Crisis: A Convergence of Tort Theory, Microfinance, and Gender Equality
Author(s) -
Anita Bernstein
Publication year - 2009
Publication title -
ssrn electronic journal
Language(s) - English
Resource type - Journals
ISSN - 1556-5068
DOI - 10.2139/ssrn.1531836
Subject(s) - microfinance , tort , convergence (economics) , gender equality , financial crisis , political science , law and economics , economics , business , law , liability , sociology , economic growth , macroeconomics , gender studies
Governments around the world have undertaken reparations programs following historically recent experiences of serious human rights violations. This article uses tort theory to defend monetary payments as a constituent of national repair. It argues that paying money to victims comports with feminism too. Once accepted in principle, this measure raises a new question: What is the best way to convey pecuniary reparations in transitional settings? With due heed for the reality that circumstances always vary from country to country, the chapter argues for “microfinance” (as distinguished from “microcredit”) as the preferred mode for transitional governments designing new national reparations programs. The article works with, while also trying to deepen, a conventional wisdom that microfinance advances the social and economic status of women.

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