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2009 World Survey on the Role of Women in Development

Women's Control over Economic Resources and Access to Financial Resources, Including Microfinance

image of 2009 World Survey on the Role of Women in Development
Ensuring women’s economic empowerment and access to and control over resources requires an integrated approach to growth and development, focused on gender-responsive employment promotion and informed by the interdependency between economic and social development. Social objectives need to be incorporated into economic policies. Economic growth strategies should give attention to the real economy and focus on creating a gender-sensitive macroeconomic environment, full employment and decent work, access to land, property and other productive resources as well as financial services, and full coverage of social protection measures. The Survey outlines a number of concrete recommendations in these critical areas, which if adopted, will facilitate women’s equitable access to and control over economic and financial resources.

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Overview

Women’s equal access to and control over economic and financial resources is critical for the achievement of gender equality and empowerment of women and for equitable and sustainable economic growth and development. Gender equality in the distribution of economic and financial resources has positive multiplier effects for a range of key development goals, including poverty reduction and the welfare of children. Both microlevel efficiency results through increased household productivity and macroefficiency results through positive synergies between indicators of gender equality and economic growth have been recorded. Development rationales for enhancing women’s access to economic and financial resources include women’s role as “safety net of last resort” in economic downturns.

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