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Exploring the Potential of Gender Parity to Promote Economic Growth (English)

Narrowing the gender gap is critical to sustainable and inclusive growth. This brief discusses how moving toward gender equality can improve female labor force participation, human capital, and total factor productivity, leading to higher economic growth. The analysis simulates the cross-country impact of increasing female labor force participation and education on GDP growth for the next three decades. In practice, achieving substantial gains in gender equality across generations will require sustained efforts to reset gender norms, starting with the young, and to increase women's economic participation and voice in society in areas of influence.

Details

  • Author

    Devadas,Sharmila, Kim,Young Eun

  • Document Date

    2020/10/27

  • Document Type

    Brief

  • Report Number

    153893

  • Volume No

    1

  • Total Volume(s)

    1

  • Country

    Malaysia,

  • Region

    East Asia and Pacific,

  • Disclosure Date

    2020/10/27

  • Disclosure Status

    Disclosed

  • Doc Name

    Exploring the Potential of Gender Parity to Promote Economic Growth

  • Keywords

    Gender Gap; female labor force participation; gender gap in education; Gender Equality; economic opportunities for woman; labor force participation rate; human capital; total factor productivity; contributing family workers; share of woman; country income group; highly educated women; per capita income; share of wage; gender wage gap; gender inequalities; Gender Inequality; human capital outcomes; flexible working arrangement; increase in labor; total labor force; reducing gender inequality; number of workers; labor market condition; area of gender; creating new knowledge; years of schooling; impact on fertility; low gender inequality; human capital endowment; forms of exclusion; long term growth; time use survey; gender norm; inclusive growth; research institute; education level; Women's Education; young child; elder care; young woman; female employment; gender parity; total employment; vulnerable employment; working-age population; life expectancy; multilateral development; opportunity cost; educational component; advanced degree; total output; educated woman; manufacturing sector; gender disparity; Population Growth; low education; fewer child; political empowerment; advanced economy; positive correlation; smaller share; economic recession; female group; gender segregation; recent years; economic expansion; adult woman; labor supply; fertility countries; unpaid worker; employment increase; total wage; occupational choice; self-employed women; female workers; productivity growth; high share; aging society; political representation; Public Services; professional association; aggregate cost; health indicator; working woman; small family; Global Gender; empirical investigation; gender strategy; measure of use; female education; domestic labor; women's right; sales worker; wage employment; indirect impact; production process; cross-sectional regression; employment status; gender diversity; fertility rate; income rise; modern economy; industrial economy; urban poor; female participation; gender representation; legal barrier; discriminatory law; legal right

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Citation

Devadas,Sharmila Kim,Young Eun

Exploring the Potential of Gender Parity to Promote Economic Growth (English). Research & Policy Briefs,no. 39 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/715581603808797444/Exploring-the-Potential-of-Gender-Parity-to-Promote-Economic-Growth