ECONOMIC DEVELOPMENT THROUGH WOMEN’S ECONOMIC RIGHTS
Abstract
Achieving sustainable development requires taking critical initiatives like advancing women's empowerment through employment opportunities and improving gender equality. This study aims to do three things: first, it will scientifically investigate the connection between women's economic rights and global economic development. to investigate if the impact of women's economic rights varies depending on the economy. This study investigates the effects of women's economic rights on neighboring nations using spatial econometric methods. We utilize data for 171 nations from 1960 to 2016 for empirical purposes. The findings demonstrate that women's economic rights have a favorable impact on growth, however the effect varies depending on the economy. We can demonstrate through geographical analysis that 75% of the economic rights spillover impact for women passes through neighboring countries. The study's findings are in line with EU policy regarding women's economic empowerment, which holds that collaboration among all parties involved in advancing women's empowerment may result in sustained development and progress.
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