Macroeconomic and Distributional Implications of Gender Gaps: The Gambia
February 15, 2024
Summary
We present the current status of labor market gender gaps in The Gambia and examine the macroeconomic and distributional gains from closing the gaps. We also study the impacts of high costs of living and the determinants of poverty. Closing labor market gender gaps, would significantly boost GDP, government revenues, women’s earnings, and reduce income inequality. High food costs adversely affect the levels of consumption in the bottom four quartiles of the income distribution. Lack of access to finance, living in rural areas, lack of employment, low levels of education, and exposure to climate shocks contribute to higher poverty levels.
Subject: Consumption, Education, Gender, Gender diversity, Gender inequality, International organization, Monetary policy, National accounts, Women
Keywords: Africa, Consumption, cost of food, determinants of poverty, exchange rates, fertilizer prices, food prices, Gender diversity, gender equality outcome, Gender inequality, Global, Inflation, labor market gender gaps, monetary policy rate, oil prices, per-capita household consumption, Sub-Saharan Africa, Women, women employment status
Pages:
15
Volume:
2024
DOI:
Issue:
006
Series:
Selected Issues Paper No. 2024/006
Stock No:
SIPEA2024006
ISBN:
9798400268212
ISSN:
2958-7875







