"Critical Reasoning2Gender Equality Can Boost Economic GrowthIn this research paper, I will be vividly discussing the impact of gender equality on economicgrowth and development. With the progressive attitude of the society, women nowadays areplaying a significant role in economic development of a country. As per the opinion of Aldermanand Yemtsov (2013), the growing importance of gender equality has focused towards botheducation and employment equality of females. In modern day scenario, females have overcomecertain geographical, financial, family responsibilities and child care like stereotyped barriers toprogress in the fields of their choice. They not only work shoulder to shoulder to male but alsoadd economic development to their career and organization. It is a prior obligationin today?scorporate world to provide jobs by qualification, education, and experience; rather than focusingon gender biases. Benería et al. (2015) commented that gender equality not only contributes toenhancing productivity and economic growth but countries and organizations those achieved ingender equality had maximized their economic potentiality and competitiveness. Theorganizations should also open up field jobs positions for women irrespective of thinking aboutany gender biases. In this paper, I will provide certain evidence and reviews that will help inunderstanding the impact of unbiased gender impartiality on economic growth and development. According to Chant and Sweetman (2012), decades ago, there were a high percentage of genderinequalities among all global countries. The gender inequality prevailed in all the sectors such aseducation, employment, salary scale, and promotions. At those times, women were supposed totake care of their families, indulge them in child care and refrain themselves from any work oreducation. It, therefore, resulted in non-contribution of women in the economic development of acountry or organization. Even more, the organizations and world economy suffered stagnancy intheir development due to similar and paralleled intelligence, rationality, and viewpoint from malecounterparts. Cornwall and Rivas (2015) mentioned that the innovativeness, pioneering andground-breaking ideas and thoughts were falling short off due to non-involvement of women inbusiness and industries. Till date, there are certain areas where gender gap persists. But, withtime, the gender gaps across the regions are reducing rapidly, and women are working hard inproviding a significant contribution to global economic development. I have compared thedifferent reviews from the past and present regarding women?s impact and contribution towardseconomic development. Dabla-Norris et al. (2015) stated that statistical reports have shown that 3the South Asian, Middle East, Sub-Saharan Africa and North African countries have achieved agood progress towards gender equality. Women belonging from these regions are competingwell in all sectors of education, corporate jobs, entertainment and field jobs. Hence, thisapproach of women ensures both economic development and progression in living standard ofpeople. In this research work, I will be conferring and assessing certain evidence that will emphasizemore on gender equality. I will also extend my discussion on the contribution of gender equalityin all sectors of employment that impacts to economic development and growth. As opined byElborgh-Woytek et al. (2013), gender equality enhances and improves human capital thatcontributes to economic development. The highly educated females are capable of undertakinghigh-value earning economic activities. They have an innovative way of thinking andrationalizing decisions taken in an organization. Their competitiveness and dedication towardstheir work is impeccable and hence relishes success due to their commitment towards work.Moreover, as opined by Gonzales, M.C., Jain-Chandra et al. (2015), due to gender equality, itmotivates other females in the society to pursue education and have a personal earning career. Ihave seen that certain African and Asiatic countries, with the improvement in gender equality,more females are getting educated and seeking out in having a career. A study has revealed a factthat the female education rate in Sub-Saharan countries has raised from 0.38% to .81% in the lastdecade (Hughes et al. 2015).This economic advancement and growth have a positive impact onthe society. Women are likely to take fewer children, unlike the past that helped in declination ofpopulation growth. As a result, it contributes to lowering of global food scarcity and economicinequality across the world. Jayachandran (2014) also had an opinion that gender equality also contributes towards high laborproductivity that also eventually aids to economic development and progression. With theimprovement in women?s? participation in labor markets, the overall scenario of monetaryprogressionis making headway towards success. I have seen that the female participation in labormarket is increasing considerably and is significantly impacting on global financial scale. Theproduct based markets have become more competitive and viable with fostering of genderinequality. Female entrepreneurs „use their exclusive and feasible experiences and knowledge tomake their organizations reach high in revenue collection that makes impact on global economy. 4According to Kabeer and Natali (2013), there are still certain unwritten discriminations in certainparts of the world regarding female entrepreneurship. In these areas, treatment of women isdifferent to that of men in terms of admission to institutions, property rights, taxation, access tocredit and their ability in starting up a business. But, with the equal involvement of women inorganizations and entrepreneurship in developed and rapidly developing countries is surelyencouraging woman from under-developed and slowly developing countries to get educated andbecome economically independent. With the change in time, I have noticed that womendiscrimination rate is reducing significantly from 2.1% to 0.65% in certain Asiatic and Africancountries (Kinoshita and Guo 2015). This women discrimination impedes progression ineconomic development; hence it has to be eradicated from the society as soon as possible. In addition to this, Leclaire (2015) stated that gender equality fosters high agriculturalproductivity that also reduces comprehensive economic growth and development. Genderinequality or discrimination makes agricultural productivity stagnant to maximum extent. It isdue to the fact that women do not have the opportunity to make the best use of resources likefertilizer, labor and credit extension. The overall agricultural responsibility falls on men thatconsiderably reduces the overall productivity of food grains; hence low contribution towardsglobal good production. So, it is necessary to involve women in agricultural productivity.According to Licumba et al. (2015), the low-income countries, those are depending more onagriculture than industries should engage women in agricultural activities. It will definitelyelevate the production of grains and other food materials; that will eventually bring into morefamily income. Moreover, social institutions those are providing training to farmers for betterusage of machines and fertilizers should also engage women in these sessions. So, cooperatingwith each other both male and female farmers can engage together in agricultural production thatwill enhance their family income along with reduce global food production. As a result, it willdefinitely improve their financial and living status (Nabi et al. 2016). I have noticed thatnowadays certain Asiatic and Saharan Africa countries are engaging women in agriculturalactivities and are definitely contributing towards economic development. While conducting this research work, I came across the fact that with improved gendere quality,investment in physical capital also increases. As mentioned by Ratha (2013), with the increasedengagement of both men and females in semi-industrialized countries, the overall productivity 5increases with the productive workforce. Women should be given equal power, position andfacility for enhancing their contribution and usage of knowledge in field work sections likeconstruction, manufacturing, hard-core sales and heavy production industries and factories.These increased opportunities to women not only generate growth but also increases thepredictable rate of returns. As a result, this increased growth also enables countries andorganizations to adopt highly dynamic and productive technologies. As opined by Razavi andTurquet (2016), through enhanced technologies, it also aims towards improving female wages;that also improves savings and high lifestyle of general civilians. Both male and female cancontribute equally to the household expenses that impact greatly on overall household savings.Even more, I have also came across that in certain Asiatic and African countries, the overallhousehold income and savings rate have enhanced due to equal involvement of men and womenat workplace. It, therefore, results in improved global economic and standard of living of theglobal citizens. Roberts (2015) commented that with enhancement in gender equality, the economic status of acountry stabilizes and is more open and flexible towards trading and business. Previously, due todiscrimination against women, they were barred from participating in any kind of trade andbusiness sectors. It, therefore, localized and put into stagnant the overall business. The sameoutlooks, opinions and perceptive were circulating within the several organizations; those wereimpacting negatively on the overall economic and social development of the countries. But, asstated by Roberts and Soederberg (2012), with the encouragement of gender equality, it is seenthat stability in global economy has also been improved. Innovative and path-breaking ideas,thoughts, opinions and view points towards any business adoption or change are coming acrosswith women involvement. Females are well manipulative and can even take-up risks that help inachieving great success to the organizations. Moreover, women are quite progressive towardssavings hat also helps in maintaining overall household expenses ad also leverage the quality ofliving. I have learned that better will be the gender equality; development in all sectors of lifewill be enhanced. While I was conducting more research on gender equality?s impact on economic development; Icame across the fact that due to advancement in gender equality, infrastructural development getsimproved. Even more, I also learned that with gender equality, political condition of a country 6becomes stable and less prone towards crime. According to Ruel et al. (2013), women mainlyemphasizes on the overall infrastructure of a country in both rural and urban areas to cater theneeds and requirements of people. They tend to bring into several tenders and contracts forbuilding and modification of infrastructure across the countries. It helps facilitating easymovement of products and goods from one place to other and easily connects the urban and ruralregions. It, therefore, results in reducing expenditure on transportation and hence tends toeconomic as well as communal development. Moreover, Seguino and Weree (2014) stated thatwomen occupying influential positions in a country also lead to additional growth anddevelopment within it. The rules, regulations and laws are so made that ensures women safety atworkplace. It also emphasizes on reduction of wage or income inequality and encouragesproviding equal opportunities to women having same experience, skills, education and talentsrequired for that position. This approach not only helps in political stability within a country butalso helps in progression of women. Hence, ultimately, the economic growth ofa country getsimproved that positively influences the global economic standard and reduces global inequalityof economic status (Razavi and Turquet, 2016).This essay conveys the message of improvement of gender equality that helps in improving bothsocietal and financial conditions of the world. I have learned that through greater achievement ingender equality, the rate of education and employment rate increases. It also helps in increasingproductivity in industries, factories and agricultural sectors that also improves the country?seconomic condition. Moreover, with gender equality, infrastructural facilities also get improvedthat also contributes to greater savings of the people in transporting. Along with this, withimprovement in gender equality, women also enjoy the same facility in working in organizationsand become financially independent. With the innovativeness in approach and risk takingcapacity, women tend to elevate organizational positions to a prestigious level. It helps not onlyin making organizations productive and economically strong but also enhances the savings onorganizational resources. Women tend to introduce modern appliances and techniques withinorganizations to make the best use of resources and look forward to non-wastage of resources. Ihave utilized several pieces of evidence in this research paper that support my approach towardswomen equality. I have also showcased certain statistical information that also supported my 7viewpoint that women equality enhances the economic progression of a country as well as to theentire globe. 8ReferencesAlderman, H. and Yemtsov, R., 2013. How Can Safety Nets Contribute to EconomicGrowth?. The World Bank Economic Review, p.lht011.Benería, L., Berik, G. and Floro, M., 2015. Gender, development and globalization: economicsas if all people mattered. 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