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Journal of Management Sciences - Volume 7, Issue 2 2020
By Huma Baqai, Sabiha Mehreen
10.20547/jms.2014.2007201
Keywords: Gender parity, inclusive growth, economic empowerment, decision-making roles.
The economic face of gender inequality is not new; it existed in extreme forms and manifestations in the past also. Over the years, gender inequality has been translated in several forms, which include invisibility, glass ceiling, pink ceiling, wage gap, hindrances in career growth and access to capacity building. The developed world is also struggling to address issues of gender inequality and sustainable economic growth. Countries that have overcome this, are on high growth trajectories. Pakistan poses a dismal picture, low female labor force and economic participation remains a major contributor to Pakistan's low GDP. The issue of economic gender parity, if addressed, can therefore become a catalyst for Pakistan's future growth target. The acknowledgment of women's contribution to the society is undervalued. In addition, the proportion of women in informal sector is higher than in formal sector of economy. Thus, women are not showcased in inclusive growth and sustainability paradigms. Marriages, societal constraints, mobility issues, security situations, lack of encouragement of entrepreneurial start-ups, insufficient exposure to decision making roles and poor awareness about career growth are some of the factors that impede women's contribution to inclusive growth. The consensus is to increase women's visibility, participation and access, create equal opportunities and nurture a healthy work environment. This research attempts to contribute to the intellectual discourse through an indicative study in an urban setting, an indicative survey and interviews were conducted to ascertain the current mindset and status of women in workforce and their contribution to economic growth and sustainability. The sample size is 100+ females who have completed higher education degree in the last ten years. The hypothesis is backed by the Feminist Economic theory which demands wage and role equality in economic policy making and also questions division of labor at homes and in societies.