The belief that "money is power" has informed much gender and development policy and practice. Commitment to women's economic empowerment has, for the most part, been "demonstrated" through a seemingly endless series of income-generating projects and credit schemes targeted at women. In this collection of articles, contributors from South and North ask: just what role does earning income play in transforming the power relations between women and men? How far does a change in the roles of women and men affect beliefs about who has the power in the household, the marketplace, or the state? And how can we value the unpaid work that most women perform in the home and family context?