Gender Inequality And Economic Growth Essay
“Gender inequality is a fact of life in most parts of the world, particularly in developing countries, where significant gaps between men and women are present in the labour market as well as in political representation or bargaining power in the household” (Cubares and Teignier, 2014; 260). In the Global Gender Gap Index 2014 of World Economic Forum, most countries in the bottom of the ranking (or the countries with high gender inequality) are developing countries. Many scholars have argued that gender inequality is detrimental to economic growth. However, there are also other studies (see Seguino, 2000) that argues gender inequality in terms of wage is positively correlated with GDP growth. This paper will examine how gender inequality and economic growth affects each other.
Gender Inequality in Developing countries
In poorer countries, the gender gaps favouring males is larger than in rich countries. (Jayachandran, 2014). Figure 1 of the appendix shows the by country region male and female college enrolment ratio plotted against the GDP per capita. The graph shows that there is negative relationship: The male bias in college enrolment rate decrease as GDP per capita increases. Furthermore, the graph highlighted two large countries – China and India, which are famous for their strong son preference interestingly have almost the same gender gap ratio as most countries (ibid).
Figure 2 shows the…