More than 30 years ago, the late development economist Mahbub Ul-Haq summarized progress on global women’s issues as a story of ‘expanding capabilities and restricted opportunities.’ This motto still applies today, with one very important difference: major advancements in research now provide the evidence to do something about it. And this something may not be as daunting a task or require as many resources as previously thought. The assumption has been that targeted investments increase women’s capabilities and then women change the world.
CGD Policy Blogs
CGD senior fellow Mayra Buvinic, an author on both Roadmaps, joins this week’s podcast to discuss what’s changed in the evidence base on women’s economic empowerment, and how the findings could appeal to the incoming Trump administration.
CGD founding president Nancy Birdsall has seen a few US presidents come and go in her long career as a leading development economist, but her message to all occupants of the White House has remained fairly steady: Enact smart policies that help developing countries build stable, prosperous economies of their own—and that will help people at home too. This week she joins the CGD Podcast to talk about some of those ideas, and why development should be a priority for the next US president.
The Obama administration has taken some important steps to put women’s economic empowerment at the center of US foreign and development policy, but there’s still plenty of work left to do. Researchers and advocates alike have made the case for why gender equality—and specifically women’s economic empowerment—is critical for achieving economic growth, eradicating extreme poverty, and improving the health, education, and well-being of people worldwide. This blog post turns to concrete ways that the next US administration can promote women’s economic empowerment, thereby maximizing the impact of its development agenda.
The evidence is clear: integrating a focus on gender into the development agenda is essential if we’re serious about eradicating poverty, improving health and education, and promoting inclusive economic growth. Multilateral development banks (MDBs) have taken this lesson to heart, but there’s still work to be done.
At a CGD event on financial inclusion, IMF Managing Director Christine Lagarde noted that financial inclusion is a priority for the post-2015 development agenda as a whole. Here we explore both the benefits of financial inclusion and some concrete steps for achieving it, specifically looking at ways to overcome a persistent gender gap that leaves women with less access to financial services than men.
“Women’s economic empowerment” has suddenly become the talk of the town, whether that town is Antalya, Davos, or Washington. But will all of the recent high-level talk be backed up by meaningful action? And how do we ensure that actions taken are grounded in evidence? Here we explore women’s economic empowerment as a trend gaining traction and how to make sure that the trend becomes timeless.
Gender Equality as a Donor Priority: CGD and MCC at the Commission on the Status of Women’s 60th Session
How do we make sure aid investments are efficient, services provided are accessible and affordable, and results are sustainable? These are all tall orders to be sure, but one clear solution emerged from our event in New York last week: donors need to make gender equality a central priority.
We at CGD recently hosted a series of events illuminating the case for smarter gender policy in the private sector, a triple win that would benefit consumers, firms, and emerging economies. Change in private firms is important — but what about the world’s public sector? To create more opportunities for women and create valuable spillover effects, we might start with central banks.
Gender Equality as a Private Sector Priority: A Triple Win for Companies, Consumers, and Developing Countries
Last week CGD hosted our first in a series of events focused on “beyond aid” approaches to promoting gender equality.