Bringing Gender Gaps in Economics Empowerment: Issues, Challenges, and Opportunities for Women
Abstract
This study examines gender inequality and its influence on women’s economic empowerment, highlighting the challenges they encounter and the opportunities available to them across different areas of life. The study addresses the multidimensional barriers women encounter, including educational inequality, labor market discrimination, limited access to financial resources, and sociocultural constraints, which hinder their full participation in economic activities. The primary objective of this paper is to analyze how these factors affect women’s economic empowerment and identify opportunities for overcoming these challenges. Exploratory research is applied, and data collected from literature, journals, books, historical data, and records are analyzed to share the current state of knowledge on the topic. Major findings show that pro-female and pro-male differences are still large despite the improvement, especially in the educational level, financial capital, and employment opportunities. Recommendations emphasize the need for policy reforms, targeted educational programs, financial inclusion initiatives, and sociocultural transformation to address these barriers. In conclusion, addressing gender inequality in the economic sphere is crucial for fostering inclusive growth and sustainable development. Nevertheless, the study is confined to the latest data, and future work should concentrate on gathering data based on the results of empirical studies.
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