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In 2007, the Bank proclaimed that “The business case for investing in MDG 3 is strong; it is nothing more than smart economics.” [113] In addition, “Development organisations and governments have been joined in this focus on the ‘business case’ for gender equality and the empowerment of women, by businesses and enterprises which are ...
Women's empowerment is key to economic and social outcomes. Benefits from projects that empower women are higher than those that just mainstream gender. [10] More than half of bilateral finance for agriculture and rural development already mainstreams gender, but only 6 percent treats gender as fundamental.
Gender lens investing (also known as gender-smart investing or gender finance) is the practice of investing premised on the understanding that gender is material to financial, business, and social outcomes [1] The term was coined around 2009 [2] and became an increasingly popular practice in the mid-2010s as part of reducing gender inequality.
In 1988, Marilyn Waring published If Women Counted: A New Feminist Economics, a groundbreaking and systematic critique of the system of national accounts, the international standard of measuring economic growth, and the ways in which women's unpaid work as well as the value of Nature have been excluded from what counts as productive in the economy.
The book is discussed in Melinda Gates' book The Moment of Lift: How Empowering Women Changes the World. [14] In a reflection on If Women Counted, Ulla Grapard, professor of economics and women's studies at Colgate University, comments : "If Women Counted opened my eyes further. After reading the book, I kept on seeing connections to many other ...
In 2011, the Coalition promoted its goal of "empowering women is smart economics" to the G20 and have the member states put it on their agenda. [6] In recognition of her work, Goudie was awarded the 2010 Global Power Award by the Center for Women Policy Studies and in 2011, she received The Womensphere Global Leadership Award. [7]
Women earn the majority of undergraduate degrees across all subjects in the United States, but in 2016 only 35% of economic majors were women. This is the same percentage as the early 1980s. [12] In 2016 the share of women in PhD economics programs was 31%. This share has not increased in the last 20 years. [13]
Women's education is one of the major explanatory variables behind the rates of social and economic development, [1] and has been shown to have a positive correlation with both. [ 2 ] [ 3 ] According to notable economist Lawrence Summers , "investment in the education of girls may well be the highest-return investment available in the ...