Dynamics of Linkages Between Gender Equity and Economic Growth: A Case of Selected Economies

Abstract

As promoting Gender equality is one of the SDG, so the present study focuses on the relationship between economic growth and gender equity among other controlled variables across a group of countries including Brazil, India, China, Indonesia, South Africa and Saudi Arabia. The research makes use of panel data analysis employing fixed effect model. The study found that increased female-to-male population ratios, greater education levels and GDI are all found to have positive associations with GDP. On the other hand, the study highlighted that there is an inverse relationship between GII and GDP indicating that higher level of gender inequality in the study area is associated with lower level of economic growth. So, promoting gender equality can lead to more inclusive growth. The study highlights the potential for gender equality and increasing female labor force participation to promote economic growth and sustainability in the nations that were analyzed.