Information asymmetry, market power and gender political empowerment

Simplice Asongu and Emeride F. Kayo ()
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Emeride F. Kayo: University of South Africa

Development Finance Agenda, 2024, vol. 9, issue 3, 14-15

Abstract: In recent decades, women’s empowerment has drawn more scientific attention as a way to improve economic status, mobility, health, and women’s participation in decision-making (Afrin et al., 2008; Tchamyou et al., 2023; Asongu & le Roux, 2023a, 2023b). Furthermore, gender inequality and women’s empowerment are recognized by the sustainable development agenda as critical components in increasing women’s opportunities and reducing the gender gap. Three categories of women’s empowerment have been identified by authors like Fayyaz and Kamal (2014): political, social, and economic dimensions. This policy brief is based on a study by Asongu et al. (2024) that examines linkages between information, banking concentration and the political empowerment of women. Women’s political empowerment, according to Sundström et al. (2017) and more recent research (Asongu et al., 2022; Nchofoung et al., 2024a, 2024b), refers to women’s ability to express themselves freely, their participation in decision-making, and the presence of agency relationships in society.

Date: 2024
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