Gender
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Macro-criticality of gender gaps
- IMF research over the past decade has established the macro-criticality of addressing gender gaps to reduce their negative effects on growth, employment, income inequality, financial stability, financial and digital inclusion, and society as a whole.
- Gender equality is framed both as an intrinsic development goal and as a component of the growth and stability equation.
Labor market disparities and legal constraints
- Labor markets remain divided along gender lines:
- Female labor force participation has remained lower than male participation.
- Gender wage gaps are high.
- Women are overrepresented in the informal sector and among the poor.
- In many countries, legal restrictions persist that constrain women from developing their full economic potential.
Growth, stability, and development implications
- In rapidly aging economies, higher female labor force participation can boost growth by mitigating the impact of a shrinking workforce.
- In developing economies, better opportunities for women can contribute to broader economic development, including higher levels of school enrollment for girls.
IMF engagement and policy dialogues
- The IMF’s gender-focused events explore the role of gender equality in economic growth and offer insights into overcoming gender gaps, showcasing strategies that benefit women, families, and the global economy.
References