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GLOBALIZATION, ECONOMIC DEVELOPMENT ON GENDER INEQUALITY IN NIGERIA

Aminat Mama Usman ()
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Aminat Mama Usman: Department of Economics, Postal: University of Ilorin, Ilorin, Nigeria,, https://fssunilorinedu.org/ijbss/index.php

Ilorin Journal of Business and Social Sciences, 2022, vol. 24, issue 2, 137-154

Abstract: Gender stereotype across the globe has been a general phenomenon among developed and underdeveloped countries. The gender gap continues to widen as a result of social, economic, and political neglect of the women's fold and this has led to slow economic development. The major discussions in the extant literature are that underinvestment in girls' education is a prerequisite for economic growth but not a sufficient condition for economic development among developing nations that are struggling how to achieve gender equality, especially in the sub-Saharan African countries particularly Nigeria, in the era of globalization. It is against this backdrop that this study examines the impact of globalization, and economic development on gender inequality. Empirically, the paper examines the impact of these phenomena on gender inequality using Autoregressive Distributed Lag (ARDL) technique to analyze data spanning 1990-2018. The results reveal that globalization amplifies the female gap both in the short run and the long run. Also, GDP per-capita growth rate has a positive and significant influence on the female gap both in the short run and needs to be reduced to achieve increased economic development. Moreover, the government should incorporate macroeconomic and social gender policies to ensure gender equity in the distribution of resources. Lastly, there should be a political will and reduction in democratic bottleneck to encourage the participation of women in United Nation peacekeeping and increase the number of embassies that will improve the cooperation and competition within and outside the country.

Keywords: Decent work; Gender inequality; Globalization; Economic development. (search for similar items in EconPapers)
Date: 2022
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