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Asia and Pacific > India

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Gender Equality and Inclusive Growth

Asel Isakova

and

Francesco Luna

This paper considers various dimensions and sources of gender inequality and presents policies and best practices to address these. With women accounting for fifty percent of the global population, inclusive growth can only be achieved if it promotes gender equality. Despite recent progress, gender gaps remain across all stages of life, including before birth, and negatively impact health, education, and economic outcomes for women. The roadmap to gender equality has to rely on legal framework reforms, policies to promote equal access, and efforts to tackle entrenched social norms. These need to be set in the context of arising new trends such as digitalization, climate change, as well as shocks such as pandemics.

Keywords:: gender gap; inequality; wage gap; wage segregation; gender discrimination; active labor market policies; gender budgeting; GGGI: Global Gender Gap Index; inclusive growth; WP; fiscal policy; parental leave; justice system; gender earnings gap; age-employment profile; commonwealth country; earnings gap; job portal; Women; Gender inequality; Global; South Asia; Sub-Saharan Africa; West Africa; Central Asia

Type:: Journal Issue

Source Title:: IMF Working Papers

Volume/Issue:: Volume 2021: Issue 059

Series:: IMF Working Papers

Publisher:: International Monetary Fund

Publication Date:: 04 Mar 2021

Language:: English

DOI:: https://doi.org/10.5089/9781513571164.001

ISBN:: 9781513571164

Type:: Journal Issue

Source Title:: IMF Working Papers

Volume/Issue:: Volume 2021: Issue 059

Series:: IMF Working Papers

Publisher:: International Monetary Fund

Publication Date:: 04 Mar 2021

Language:: English

DOI:: https://doi.org/10.5089/9781513571164.001

ISBN:: 9781513571164

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Finance & Development, March 2019

International Monetary Fund. Communications Department

This issue of Finance & Development discusses need of empowering women, which is critical for the world’s economy and people. Unequal or unfair treatment can marginalize women and hinder their participation as productive individuals contributing to society and the economy in invaluable ways. The rich tapestry of organizations and individuals who can make a difference to ensure women have equal opportunities; there is a crucial role for policymakers. They can use their positions to design policies that help women and girls’ access what they need for a fulfilling life—including education, health services, safe transportation, legal protection against harassment, finance, and flexible working arrangements. The IMF recommends these kinds of policy measures to its member countries—and works with many governments to examine how policies affect women. The IMF’s 189 member countries face many different challenges, but empowering women remains a common denominator and a global imperative for all those who care about fairness and diversity, but also productivity and growth of societies and economies that are more inclusive.