Women: Key to Global Economic Growth

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three african women with hands crossed listening to speaker with look of doubt on face

Currently, barriers of law and custom stop many women from getting financing for business. Removing those barriers can help overcame the gender gap, and unleash economic growth. To learn more, go to: HERE

The above video was produced almost ten years ago. Has much changed?

In 2022, women’s current issues are or should we say are “still”:

1. Pregnancy and Parenting Discrimination
2. Violence Against Women
3. Women’s Rights in the Workplace
4. Women’s Rights in Education
5. Women and Criminal Justice

How does Women’s Empowerment Affect Economies Globally?

When women are empowered economically, they invest in their families and communities, spurring economic growth and creating more stable societies. Growing evidence reveals that women’s low participation in the formal labor markets of developing countries impedes economic growth and poverty reduction.

The Clinton Global Initiative stated years ago “When women work, they invest 90 percent of their income back into their families, compared with 35 percent for men. [This also assists maintaining unity in the family unit.]

By focusing on girls and women, innovative businesses and organizations can spur economic progress, expand markets, and improve health and education outcomes for everyone.:

Empowering more women to work, results in better growth of third-world economies. This is because women’s economic empowerment, increases economic diversification, boosts productivity and income equality, resulting in other positive development outcomes.

Can Free Phones Close the Digital Gender Divide?

For example, we are in the midst of a mobile revolution, with the number of mobile subscriptions expected to surpass the number of humans on the planet this year, women are still not able to guarantee ability for proper acquisition and usage due to lack of cell towers or cost of maintenance; even if phones are free of original costs.

Mobile phones not only to connect people to each other, but to provide vital health information, offer access to commercial markets, and financial services like savings and payment accounts. And these are just early uses, mobile innovation is not flourishing in all communities around the world.

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How can we Empower Women Globally?

5 Ways We Can Empower Women Globally

1. Place Women as leaders and give them decision making roles; supporting more women in politics, as well.
2. Provide more Job Opportunities supporting women into chief operating positions, providing proper childcare.
3. Invest in Women’s Entrepreneurial Ideas, Emotionally and Financially.
4. Taking Action against Unpaid Labor in the Workforce; abolishing modern slavery and universal income to stay at home mothers.
5. Mentoring Women Professionally and Personally.

Women’s empowerment has five components: women’s sense of self-worth; their right to have and to determine choices; their right to have access to opportunities and resources; their right to have power to control their own lives, both within and outside the home; and their ability to influence the direction of social action.

Breaking the Chain: Why is Girl Empowerment Important?

Empowered girls are key to breaking the cycle of poverty for families around the world. Young empowered, educated girls have healthier, better educated children and earn higher wages – helping to break the cycle of poverty globally.

How Does Empowering Women and Girls Save Our Planet?

Earthday.org states: Empowering women and girls in developing countries ranked second among 76 solutions for curbing global warming to 2 degrees Celsius, according to a new report by the climate research organization Project Drawdown. Drawdown estimates that girls’ education and family planning would reduce carbon by 85 gigatons by 2050.

With access to education, family planning and birth control, women have the ability to choose how many children to have and when they have them. The report shows that with this access, women have less children and have them later in life.

In both rural and urban areas, slower population growth relieves stress on ecosystems, allowing resources to recover from overuse without compromising local food access.

With these additional resources, women also earn more money, achieve career goals and face fewer health issues. Rural women see higher crop yields, providing better nutrition and financial stability for their families.

The list of benefits goes on and on and on and on.
Why a decade later is the script the same?

Why has UN WOMEN have to move their goals to 2030?

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RELATED – 5 Reasons Why Women Should Start Investing in 2022

NOTE: The sixty-sixth session of the Commission on the Status of Women will take place from 14 to 25 March 2022. Due to the continued impact of the COVID-19 pandemic, CSW66 will take place in a hybrid format. All side events and parallel events will be fully virtual.

NOTE: The theme for International Women’s Day, 8 March, 2022 (IWD 2022) is, “Gender equality today for a sustainable tomorrow”, recognizing the contribution of women and girls around the world, who are leading the charge on climate change adaptation, mitigation, and response, to build a more sustainable future for all.

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