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Women's Role In Economic Development Essay

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Role of women in economic development (gender and sustainable development):
Based on the report presented by Orgaination for Economic Co-operation and Development (OECD) to the United Nations Commision on sustainable development (UNCSD) and its own cutting work on gender. It aims at making nations aware of the increasing and important role of women in the development of the economy in economic, social and environmental aspects of the economy.
The finding of the report are that it is important for the country especially the developing countries to understand the fact and importance of female human capital. It is stated that human capital is underutilized and undervalued all over the world and sustainable development can be achieved only through …show more content…

Government policies would better respond to the needs of the utilization of the country.
The following aspects should be considered before discrimination of gender:
1. Women and economic growth:
Women constitute half of the world’s human capital which is highly underutilized today. Economic growth can be achieved if this human capital join the labour force more and more working women would help remove the negative effects of the society.
It is observed that the female participation in the labour force is significantly lower than men in all countries. The employment gender gap is wide in countries like Turkey, Mexico, Italy, Greece, and India. The female employment rate is highest in Iceland, Denmark, Norway, Sweden and Switzerland.
Not only the labour force participation, it is seen that the payment of wages are not uniform and a lot of gender gap is seen. In countries like Japan and Korea the female earnings are less than one third of males’ earnings. Females’ pay is over 20% less in countries such as Germany, Switzerland, Canada and United States. There are 10% of wage gaps because of lack of proper education.
However, it is noticed that female is more oriented towards family responsibilities and upbringing the

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