English, asked by bhagyalekshmil45, 6 hours ago

"It is very essential to give importance to both men and women for a balanced economoc society ". Elobrate this statement in your own words​

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Answered by elenstudent365
0

Answer:Inequality between genders doesn’t only affect individuals – it can change entire economies. As a sustainable volunteer program provider, GVI takes into account the importance of gender equality in development.

What does gender inequality look like?  

It’s women working longer hours than men but being paid less. It’s women making up two-thirds of all illiterate people in the world. It’s less than 7% of world leaders being women.

On paper, gender inequality is a long list of statistics showing the imbalance of power between men and women. In real terms, gender inequality is a major challenge on local, national and global levels.  

Not only does it affect the lives of individual men and women, but the inequality between genders also stunts economic growth and hinders development.

Gender equality benefits everyone, which is why it has been nominated as the United Nations Sustainable Development Goal (UN SDG) 5: Gender Equality.  

As an organisation working towards brighter futures for all individuals, GVI is committed to addressing  the challenges faced by women,  and to meeting the goal of gender equality.

Here’s a closer look at why equal access to education, healthcare and job opportunities is important, what we’re doing about it, and how you can get involved as a volunteer.

 

GVI volunteer participating in womens empowerment workshops

WHY IS GENDER EQUALITY IMPORTANT TO ECONOMIC DEVELOPMENT?

Sustainable development relies on ending discrimination towards women, and providing equal opportunities for education and employment.  

Gender equality has been conclusively shown to stimulate economic growth, which is important, especially in countries with higher unemployment rates and less economic opportunity.

UN Women reported that in Organisation for Economic Co-operation and Development (OECD) member countries, half of the economic growth over the past 50 years is attributed to girls having better access to education.  

It’s also due to a decrease in the gap between the number of years of schooling that girls receive when compared to boys.  

Because of this, GVI has established projects that put an emphasis on education for girl children, as part of long-term sustainable development initiatives.

 

GVI projects also focus on education for young girls.

 

Despite progress made under the UN Millennium Development Goals (UN MDGs), in almost all countries around the world women still face barriers to the labour market.  

For example, the World Bank reported that many women around the world are still prevented by law from working in certain jobs. In 18 countries, men can legally forbid their wives from working.  

On top of this, women face obstacles such as sexual harassment, expected gender roles, and having to carry out the majority of unpaid care work and labour-heavy chores – like collecting water.

Even when women do work, the gender pay gap means they aren’t earning as much as men. Globally, women only earn 81 cents for every dollar that men earn.

These barriers translate to $172 trillion in lost income potential, the World Bank found.  

Unless women have access to empowerment opportunities, allowing them to join the workforce, many countries won’t develop as well as they could.

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