Financial inclusion—an individual’s access to bank accounts or other financial products—has improved around much of the world, but significant gender gaps remain. How can we account for this gap? Do gender gaps in financial inclusion reflect differences in observable characteristics such as income, education, or labor force status? Would the gaps persist if women had the same levels of education and income as men? Or, are other, less observable, factors at work?
CGD Policy Blogs
We know that technology—especially emerging technology on decentralized ID—has a huge potential in combating both these issues. We also know that technology has a huge gender problem worldwide.
The importance of ID for empowering women and girls is spot-on, but so far discussions about identification and gender haven’t given equal attention to the other side of the equation. And new data shows that when it comes to identification and gender equality, we encounter a two-way street. Identification isn’t just critical for achieving gender equality; addressing underlying gender discrimination is essential to making sure that all people have identification and the benefits that come along with it.