ADB Gender Specialists Annual Exchange and Workshop
7 August 2014 Overview Macroeconomic policy emphasizes growth and broader goals of well-being employment and equity not just price stability
Gender-responsive macro policy can promote equality in education, family benefits, access to credit and jobs
Status of women in the region Girls and women face differential treatment at all ages Girls lose out on education 0 2 4 6 8 10 Kyrgyzstan PRC Papua New Guinea Afghanistan India Indonesia Philippines Average years of schooling, 2000-2012 Male Female Source: ILO, Key Indicators of the Labor Market, 8 th edition And, women are left behind 0 30 60 90 Kyrgyzstan PRC Papua New Guinea Afghanistan India Indonesia Philippines Labor Force Participation Rate, 2012 (%) Male Female Average LFPR for female Average LFPR for male Source: ILO, Key Indicators of the Labor Market, 8 th edition Many are discouraged; stop searching for jobs Not actively seeking jobs, discouraged workers Students Employed Unemployed Jobless Example: India Youth 2004-05 Unemployment rate = 4% Jobless rate = 29% Finding a job may take years Estimated median ages of school-leaving and job entry Indonesia 18 and 22 Philippines 18 and 22 Thailand 18 and 20 Youth joblessness affects women more 0 15 30 45 60 1993-94 2004-05 1994 2004 1991 2006 1995 2005 India Indonesia Philippines Thailand % Jobless rates for young men versus young women (15-24) Male Female Disparities in work Women account for most unpaid work Female-owned businesses small size of business, lower profits, labor productivity In paid employment low wages, glass ceiling, informal employment Ratio of median wages of young women to young men 0.72 0.75 0.71 0.87 0.76 0.89 1.00 1.01 - 0.2 0.4 0.6 0.8 1.0 1.2 1993-942004-05 1994 2006 1991 2006 1995 2005 India Indonesia Philippines Thailand % Growth-induced gender barriers High prices/ production costs unemployment: women are fired first Rise in interest rates reduces womens access to credit and financial services Limited employment in export-oriented manufacturing due to mechanization and automation Depth of gender inequality: Rich women benefit more from public services than poor 0 20 40 60 80 100 BAN CAM IND INO NEP PAK PHI VIE W e a l t h
Q i n t i l e
Percent of women who received skilled antenatal care (latest year) Lowest Second Third Fourth Highest Gender Gap Index (0-1) 0 0.2 0.4 0.6 0.8 1 PHI KAZ MON SRI SIN LAO KGZ THA PRC VIE BRU TAJ BHU ARM INO AZE IND MAL CAM KOR FIJ NEP PAK Iceland Japan USA Source: World Economic Forum, 2013 Global Gender Gap Report Total inequality = 0 Total equality = 1 Gender equity gaps in education health economics and politics
Gender Gap Index (0-1) 0 0.2 0.4 0.6 0.8 1 PHI KAZ MON SRI SIN LAO KGZ THA PRC VIE BRU TAJ BHU ARM INO AZE IND MAL CAM KOR FIJ NEP PAK Iceland Japan USA 2006 Source: World Economic Forum, 2013 Global Gender Gap Report Total inequality = 0 Total equality = 1 Gender equality gaps in education health economics and politics
Slight improvement in Gender Gap Index (0-1) 0 0.2 0.4 0.6 0.8 1 PHI KAZ MON SRI SIN LAO KGZ THA PRC VIE BRU TAJ BHU ARM INO AZE IND MAL CAM KOR FIJ NEP PAK Iceland Japan USA 2013 2006 Source: World Economic Forum, 2013 Global Gender Gap Report Total inequality = 0 Total equality = 1 Gender equality gaps in education health economics and politics
Poorer countries are more biased against women - . 2 0 . 2 . 4 . 6 . 8 G e n d e r
I n e q u a l i t y
I n d e x
2 0 1 3 0 20000 40000 60000 80000 2013 GNI per capita (2011 PPP$) Source: Human Development Report 2014 Gender Inequality Index (0-1): Loss in human development due to gender inequality in reproductive health empowerment and labor market Macroeconomic policy for improving womens contribution to the economy Education is key to better employment prospects SE Asia Higher education is associated with lower jobless rates for 25-34 age group Thailand Bachelors degree increases job prospects 5 times compared to no education To reduce waiting time to get a job, match education and training with emerging skills high-tech manufacturing participation in global trade and production networks Catch them young 1/3 rd of East Asias growth attributable to youth bulge or demographic dividend' Reaping the dividend depends on the policy environment education policy labor market regulations macroeconomic management It pays to involve women in market work High female labor force participation accounted for 0.6%1.6% of annual per capita growth in Hongkong, Korea, Singapore, Taipei House work not included in national income Fiscal policy Gender-based budgeting Expenditure allocation to address womens health, social and education inequalities (Sri Lanka, Pakistan, Malaysia) Lower income tax rates/ tax rebates for women (India) Family benefits Child care for women garment workers in Bangladesh funded by NGOs, government, donors Programs for poor women entrepreneurs, e.g., India: Shakti Amma (Empowered Mothers) program by Hindustan Unilever and Indian NGOs Monetary policy To prevent negative consequences for self-employed women and low-income groups Subsidized interest rates for greater access to credit and financial services Cheap credit for programs promoting business start-ups for young women
Summing up Macroeconomic policy Aims for growth and price stability
Gender-responsive macro policy can promote can promote equal participation by women to maximize development outcomes through equality in education, access to jobs and credit, and availability of family benefits