WOMEN EMPOWERMENT-AN OVERVIEW OF THE GLOBAL CONTEXT

Empowering women economically is not only the “right thing” to do to honour the world’s commitments to human rights. It is also the “smart thing” to do for development, economic growth and business’. It is well recognised that societies which discriminate by gender tend to experience less rapid economic growth and poverty reduction than societies which treat men and women more equally. Ending of gender-based inequities, discrimination and all forms of violence against girls and women has been accorded primary priority for catalysing women empowerment for an equalitarian society. This is fundamental to enabling women to participate fully in development processes and in fulfilling their economic, social, civil and political rights, for more inclusive growth. The paper has attempted to find out the importance of women empowerment, effort to identify those loopholes or limitations which are observing the realization of empowerment of women, women economic empowerment in global context and How to secure progress on women’s economic empowerment. Research methodology: The study is carried out based on existing research, and secondary data from various sources. Objectives: The major objectives of this paper are stated: What is women’s economic empowerment?, Why do women’s economic empowerment is important? , Challenges to Women empowerment: An overview of the global context, To provide some suggestions to overcome these issues.