Gender and its relevance to economic performance
AbstractA number of researches reveal a difference in economic behavior between women and men, which may affect macroeconomic outcomes. Such gender differences can be found in decisions on consumption, savings, investment, or risk-taking. The implications are connected to economic performance: improving the status of women and reducing gender inequality may contribute to higher growth rate and greater macroeconomic stability. Importance of genderaware research is well reflected in the efforts by the UN, OECD and the EU to highlight the unfavorable economic consequences of unequal opportunities for women and men in the labor market, particularly. The results of analysis of gender issues are closely connected to macroeconomic policy, which should take into account the benefits of measures reducing gender inequalities. Hungary also needs to take steps to diminish the traditional male-dominant attitudes in order to boost birth rates and to avoid long-term economic stagnation.
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This chapter was published in: György Kadocsa (ed.) , , pages 217-224, 2010.
This item is provided by Óbuda University, Keleti Faculty of Business and Management in its series Proceedings-8th International Conference on Mangement,Enterprise and Benchmarking (MEB 2010) with number 217-224.
economic behavior; economic growth; gender;
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