Whenever we speak about “economic empowerment of women” we must understand that the greatest problem that women face today is that their work is not recognized at all. Women have always added to the society and the economy in the form of an aiding hand in agriculture and food production in the developing countries and in the shape of part time and momentary personnel in developed countries. This is apart from their role as a homemaker which is not even appreciated economically. In fact the recent statistics of the UN tell us that 53% of work in developing countries is transported out by women and out of $ 18 trillion global output which is invisible, $ 10 trillion is contributed by women. Even after so much contribution there is a lack of acceptance about the role of women in every sphere of life. The problem is actually much larger than what we perceive and therefore the issue is not simply about monetary personal strength of ladies. It is in fact about the profound rooted bias and elegance against women that is prevalent in the contemporary society. myeconlab
Economic empowerment of women: Discrimination against women
This is ironical and miserable to note that there is a wide range discrimination against women in nearly all aspects of life. She is in a disadvantageous and lacking position whilst regards to basic rights like the right to education and health. Further she will not have access to capital or other resources to make an informed choice in her life. Ladies are kept from the decision making power structure atlanta divorce attorneys sphere of life such as the political, economic, social and religious structures of the society. Coming back to the question of energetic contribution made by women in monetary conditions or else we find that the society happily laps up the labour efforts of women in every section of the world but when it comes to sharing the spoils of that time she is kept away. This may not be only happening in the developing countries but it is additionally true for the developed countries where vast majority of girls that are working in the informal economies as part time personnel have less access to basic health care services, education, money, employee rights and land ownerships. If we look at the “decision making structure” in any field whether it be economic, social, political or religious arena then we will find that it becomes almost impossible for women to climb up the ladder and reach the positions that subject because of open splendour and bias. But we cannot sit using these problems and loathe about it. Somewhere we have to make a start and making a newbie at the economical front is the best step ahead.
Economic empowerment of women: Income generation and increased flow of capital in the hands of girls
A major initiative that should be used for changing the situation for girls is to improve the stream of capital in the hands of women. Even more the ladies get fiscally empowered and generate income the more is the possibility of her overall development and progress. This is due to fact that women use a serious chunk of their income for providing themselves and their family better healthcare, education and nutrition. Moreover steady income in hand makes women well informed to take monetary and other decisions related to her family. That has been seen that when you start getting they also adopt associated with environmental friendly lifestyle as well as they are likely to acquire lower fertility rates resulting in fewer children. Total you observe that more the women are monetarily and financially sound more they become capable of taking informed choices about their life. Stable income and financial independence causes improvement and progress of women through various initiatives like contraception, associated with marital life, fertility, child mortality and modern sector employment. Monetary empowerment of women ultimately causing steady income generation and financial independence will therefore definitely help women take decisions and select the best among choices in their personal and professional life.