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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Oil rents and lack of economic diversification.. What is their relationship to the “13 million missi

    Rocky
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    Oil rents and lack of economic diversification.. What is their relationship to the “13 million missi Empty Oil rents and lack of economic diversification.. What is their relationship to the “13 million missi

    Post by Rocky Sat 14 Sep 2024, 4:16 am

    [size=35][size=35]Oil rents and lack of economic diversification.. What is their relationship to the “13 million missing women in the Gulf”?[/size]
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    economy

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    2024-09-14 | 03:08
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    Alsumaria News - Economy An economic [You must be registered and logged in to see this link.]

    reviewed the clear absence of balance between men and women in the labor [You must be registered and logged in to see this link.] in the Gulf countries, while it considered that the exclusion of educated women prevents the Gulf economies from acquiring diverse viewpoints necessary to diversify the economy away from oil.[You must be registered and logged in to see this link.]


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    The oil-rich Gulf states of Saudi Arabia, Qatar and the United Arab Emirates, though often associated with luxury and opulence, lie beneath the surface a gender imbalance. Women are often absent from the economic landscape and by adulthood, that balance has shifted dramatically, with just 58 women for every 100 men across the Gulf. In Qatar, the disparity is even greater, with just 38 women for every 100 men.



    This imbalance is largely due to the influx of male foreign workers, who make up as much as 95 percent of the workforce in some Gulf states. Nobel laureate Amartya Sen coined the term “missing women” in 1990 to describe a population in which women are underrepresented demographically, and according to analysis using World Bank data, nearly 13 million women are “missing” in[You must be registered and logged in to see this link.]Gulf.

    She points out that while 40% of working-age women in the Gulf are employed, they often earn less than their male counterparts, partly because they are not seen as the primary breadwinners for their families. Moreover, women face difficulty accessing vocational training, as employers are often reluctant to invest in their development due to fears that they may leave work for family reasons.

    She stresses that the economic cost of excluding millions of women from the workforce is significant. A 2013 study indicated that removing barriers to women’s employment could significantly boost growth in South African countries.[You must be registered and logged in to see this link.]A larger workforce can make wages more competitive, boost job opportunities abroad, stimulate domestic spending and investment, and, in fact,[You must be registered and logged in to see this link.]Issued by[You must be registered and logged in to see this link.]McKinsey & Company estimated in 2015 that advancing gender equality could add up to $600 billion to annual GDP in the Middle East and North Africa by 2025.

    Beyond economic growth, the exclusion of educated women prevents Gulf economies from gaining the diverse perspectives needed to diversify away from oil. Research suggests that gender diversity in the workplace leads to better financial decisions. Moreover, the heavy reliance on foreign workers, who send a large portion of their earnings home, is a major economic drain. According to the World Bank, remittances from Gulf countries totaled $669 billion in 2023.
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