Macroeconomic and Distributional Implications of Gender Gaps: The Gambia
Selected Issues Papers, February 15, 2024
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- Macroeconomic and Distributional Implications of Gender Gaps: The Gambia
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Bibliographic details
- Authors: Mamadou D Barry, Momodou Jallow, Glen Kwende, Vivian Malta
- Published: February 15, 2024
- Series: Selected Issues Papers
- DOI: https://doi.org/10.5089/9798400268212.018
Overview
- Presents the current status of labor market gender gaps in The Gambia and quantifies macroeconomic and distributional gains from closing those gaps.
- Studies the impacts of high costs of living and analyzes determinants of poverty.
- Focus areas: consumption, education, gender, labor market gender gaps, and vulnerability to climate shocks.
Key findings
- Closing labor market gender gaps would significantly boost GDP.
- Closing labor market gender gaps would significantly boost government revenues.
- Closing labor market gender gaps would significantly boost women’s earnings.
- Closing labor market gender gaps would reduce income inequality.
- High food costs adversely affect the levels of consumption in the bottom four quartiles of the income distribution.
Determinants of poverty (identified)
- Lack of access to finance.
- Living in rural areas.
- Lack of employment.
- Low levels of education.
- Exposure to climate shocks.
Policy-relevant implications
- Policies that close labor market gender gaps can deliver broad macroeconomic gains (higher GDP and government revenues) and distributional benefits (higher women’s earnings and lower income inequality).
- Addressing high food costs is important to protect consumption among the bottom four quartiles of the income distribution.
- Interventions to improve access to finance, rural development, employment creation, education, and climate shock resilience are central to reducing poverty.
Subject and keywords (themes in the analysis)
- 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
Mamadou D Barry, Momodou Jallow, Glen Kwende, and Vivian Malta; Selected Issues Paper No. 2024/006; February 15, 2024.
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- Sipea2024006