Gender
Equality Pays Off in Brazil
Ray King
In
Brazil, they have become well-known for their efforts to reduce
poverty and income inequalities in more recent years. However, they
have also been focusing on gender equality in the last two decades.
Illiteracy rates for women from 20.3 percent in 1991 down to 9.8
percent in 2008. The number of women with college-level education in
the work force went from 7.4 percent in 1992 to now above the number
of men with college education. In light of these great strides of
progress for women, there is still work to be done. On average, women
in Brazil make 84 percent of what a Brazilian man earns. Women also
seem to take the majority of household work at home in many Brazilian
families. According to the World Bank's World Development Report for
2012, lessening gender inequality can have positive effects on both
economic growth and social welfare. It is believed that having
women's 'take-home' pay become equal to men's would increase Brazil's
GDP by 0.2 percent. There will be other dramatic effects occur when
you place talented and skilled women into higher and more productive
positions. They believe placing women in higher and more productive
positions within their society will also trigger growth in public
infrastructure and transportation as it would create an environment
where everyone is equally motivated to work hard because they are
treated and compensated equally regardless of gender. Included here
are some findings from the Symposium on Gender Inequality in Emerging
Markets states that “Gender
inequality is bad economics. It deprives national economies of
women's talents. It reduces the productive potential of labor forces.
It constrains consumption, diminishes tax yields and curtails the
national and personal benefits of investment in female education by
forcing women into professions and occupations that make less than
full use of their skills and capabilities.”
Certainly, leaving out roughly half of the population from positions
where they can contribute fairly doesn't just deprive women, but men
also. The society as a whole needs equal input from both sexes in
order to be optimally productive, and it seems as if Brazil is
definitely on the way to being just that.
http://www.huffingtonpost.com/otaviano-canuto/gender-equality-pays-off_b_2828480.html
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