International Economics: IB Economics
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International Economics: IB Economics
A collection of articles relating to the 'international' elements of Economics and relating to IB, Pre-U and A-Level Economics.
Curated by Graham Watson
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Reshaping Social Norms About Gender in South Asia

Gender inequality persists in South Asia despite decades of rapid economic growth, rising education levels, and expansion of opportunities. Deeply rooted social norms about gender restrict what women can and cannot do, and account for a large part of gender inequality. To adequately address gender inequality, policies cognizant of social norms, how they change, and how to address their impact need to be set in place.

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This World Bank clip looks at how gender inequality is perpetuated in South Asia and how this impinge upon the developmental prospects in the region. The organisation is committed to tackling the issue, removing barriers to female participation in the labour market and in doing so overcome the social norms that have impeded development.

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What is the World Bank Doing to Accelerate Gender Equality?

Significant gender gaps persist in labor force participation, pay, child and elder care responsibilities, and leadership roles. Globally, violence against women and girls persists as well. The COVID-19 global pandemic has further exacerbated these longstanding challenges. This demands bold solutions and presents an unprecedented opportunity to build back better, particularly for women and girls.

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Whilst the past decade has seen significant gains for women across the globe, the coronavirus pandemic has threatened to undo this - with rises in violence against women, and entrench them in informal labour markets, and at the current rate of progress, it will take another century to produce gender equality. 

 

This clip looks at how the World Bank is prioritising tackling gender-based inequality in building back after the pandemic 

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Upskilling Sri Lankan Women Entrepreneurs During COVID-19 via Digital Empowerment

To support Sri Lankan women-owned businesses during COVID-19, the IFC-DFAT Women in Work program, in partnership with Women's Chamber of Industry and Commerce and Women’s International Foundation, designed an innovative training program helping women entrepreneurs scale up their operations. The 15-week virtual training program covered an array of modules including entrepreneurship, taxation, marketing, supply chain, digital finance and financial literacy. The program – aligned with the National Financial Inclusion Strategy, a multi-stakeholder effort led by the Central Bank of Sri Lanka with technical assistance from IFC – is part of IFC’s broader efforts to support financial inclusion in Sri Lanka.

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On International Women's Day, the International Finance Corporation are celebrating the role of women in developing economies, in this case their support for female-owned businesses such as this bathroom hardware business in Sri Lanka.

 

Increased entrepreneurship, and increased female participation in the labour market are important drivers of inclusive development.

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Digital gender gap ‘keeping women offline’ and costing billions, finds report | Women's rights and gender equality | The Guardian

Digital gender gap ‘keeping women offline’ and costing billions, finds report | Women's rights and gender equality | The Guardian | International Economics: IB Economics | Scoop.it
Men 50% more likely to be online than women in least developed countries, hampering economies and fuelling gender inequality
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It seems that gender inequality pervades all areas of the global economy, not least on line, with a marked digital gender gap in the least developed countries potentially costing the global economy billions of dollars and sustain gender inequality more widely.

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