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Essay / Importance of Gender Inequality - 1383
There are countless arguments and examples that support this idea and reasons why gender equality is beneficial to economic growth in developing and emerging economies can be found in a recent report published by the International Monetary Fund. entitled “Women, work and the economy”. In it, statements such as "Improved opportunities for women to earn and control their income could contribute to broader economic development in developing economies" and "Women contribute substantially to economic well-being through to a large amount of unpaid work, such as childrearing and household chores. » (Elbourgh-Wotek, 2013) give an idea of the importance of the issue of gender equality for the economies of developing and emerging countries. Enabling gender equality to thrive and survive in economies like these opens up opportunities for growth and development because it leverages a platform that has not yet been properly established and utilized. It has been proven that when women are given equal opportunities to men and gender boundaries are broken down at a societal level, economic growth quickly follows. More and more professionals in the field of development economics agree that gender equality is essential. In an article for the OECD, Mari Kiviniemi says: “There can be no robust economic growth without gender equality, an essential ingredient of any strategy for a sustainable, resilient economy and more.