Question

In: Economics

How does globalization impact women’s equality and inequality throughout the world?

How does globalization impact women’s equality and inequality throughout the world?

Solutions

Expert Solution

Globalization meansgradual eilimination of economic boarder. Globalization has been identify with new economic growth,economic reforms, structural adjustment, new opening of market for world trade with small and big countries.Globalization has it impact on an economy as whole and womens are the part of the economy.Women's contribution in an economy cannot be ignored.

Globalization is helping to reduce gender equality. Here are some important points:

Trade openness and the diffusion of new information, communication technologies (ICTs) and other immerging technologies have translated into more jobs and stronger connections to markets for many women, increasing their access to economic opportunities. In some countries and sectors, women’s wages have also increased relative to those of men.

Gender inequality has more costs in an integrated world. It can diminish countries’ ability to compete internationally—particularly for countries with export potential in goods and services with high female employment. And given growing global awareness of women’s rights, continued gender inequality can also hurt a country’s international standing. These factors strengthen the incentives for policy action toward gender equality around the world.

Greater access to information has allowed many in developing countries to learn about life and mores in other parts of the world, including those pertaining to the role of women, possibly affecting attitudes and behaviours. A shift toward more egalitarian gender roles and norms has also been facilitated and, in some cases, reinforced by women’s economic empowerment.


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