What impact can gender equity policies have on economic growth in Global South nations
Smriti Irani highlights the significance of gender equity policies in Global South for growth.
- Promoting gender equity policies can lead to a more diverse and inclusive workforce, tapping into a wider talent pool and driving innovation and productivity.
- Reducing gender gaps in education and employment opportunities can increase labor force participation rates, leading to higher economic output.
- Empowering women economically through policies like access to credit, land rights, and entrepreneurship support can boost household incomes and consumption, stimulating economic growth.
- Addressing gender inequality can improve social stability, reduce poverty rates, and enhance overall development outcomes in Global South nations.
- Increased gender equality can also foster greater political stability and improve governance, contributing to a more conducive environment for sustainable economic growth.
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9 months ago