- Q: How can women's empowerment promote economic stability?
- A: Putting resources into poor women’s hands while promoting gender equality in the household and in society results in large development payoffs. Expanding women’s opportunities in public works, agriculture, finance, and other sectors accelerates economic growth, helping to mitigate the effects of current and future financial crises.
World Bank: Gender Equality Is Key to Achieving the MDGs
Empowering women and girls is not only the right and fair thing to do, it also makes economic sense. Countries that invest in promoting the social and economic status of women tend to have lower poverty rates. For example, an extra year of secondary schooling for girls can increase their future wages by 10 to 20 %. And evidence shows that resources in women’s hands results in household expenditures that benefit children. By 2012, 83% of new lending and grants included gender in project operations. Gender equality is also a key priority for IDA, the World Bank’s fund for the poorest, which enabled more than 194 million pregnant women to receive prenatal care from a health provider between 2003 and 2013, among other results.
- We can achieve gender equality by:
- educating girls
- increasing literacy rates among women
- increasing early childhood development interventions
- increasing women’s labor force participation and strengthening labor policies affecting women
- improving women’s access to credit, land and other resources
- promoting women’s political rights and participation
- expanding reproductive health programs and family support policies
Making Strides in Gender Equality
Two-thirds of the Bank’s partner countries have now reached gender parity in primary education, and girls significantly outnumber boys in secondary education in more than one-third of those countries. IDA investments and collaboration with governments have enabled women to access land and secure tenure rights.
Our Gender Equality Strategy
- Strengthen nutrition, disease prevention, and maternal health programs
- Improve women’s and girls’ education and life skills
- Expand women’s access to credit and economic opportunity
Some of Our MDG 3 Results
IDA is helping to achieve MDG 3 by investing in girls’ education. Gender parity in primary schools in countries supported by IDA increased from 91 to 96 girls for every 100 boys enrolled between 2000 and 2010.
- Afghanistan: 2.7 million girls were enrolled in schools in 2012, up from 191,000 in 2002.
- Benin: 60 percent of pregnant women slept under bed nets in 2010, up from 20 percent in 2006.
- Kyrgyz Republic: Close to 1 million women and girls benefited from community-based micro-enterprises and improved local government between 2007 and 2010.
How’s the World Doing?
- 2countries out of 130 have achieved gender equality at all levels of education.
- 16.2%of ministerial-level positions are held by women (2010).
- 40% of wage-earning jobs in the non-agricultural sector were held by women in 2011.
- 1% of global agriculture credit goes to African women.