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Bedassa Tadesse, University of Minnesota Duluth
(THE CONVERSATION) Gender inequality isn’t just unfair — it’s also a drag on the world economy. Giving women the same economic opportunities as men would add about US$12 trillion to global gross domestic product by 2025, one analysis found. That’s an 11% boost.
The link between women’s empowerment and economic growth is well established. When women are economically empowered, they invest more in their families, creating a cycle of positive outcomes that spans generations. Women’s participation in the workforce leads to greater productivity and brings diverse perspectives that enhance decision-making and drive innovation.
Recognizing these benefits, governments and nongovernmental organizations have increasingly directed aid — funds provided to developing countries to foster economic growth — toward promoting women’s empowerment.
As an economist who studies development, I wanted to know: Does all that money really make a...
