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Women’S Contribution To Economic Development And The Effects Of The Gender Pay Gap

Author

Listed:
  • Chirine NASSAR

    (Bucharest University of Economic Studies, Piata Romana 6, Bucharest, Romania)

  • Corina Cristiana NASTACA

    (Bucharest University of Economic Studies, Piata Romana 6, Bucharest, Romania)

  • Ariana NASTASEANU

    (Bucharest University of Economic Studies, Piata Romana 6, Bucharest, Romania)

Abstract

Women represent approximately half of the global human capital but continue to remain one the most underutilized resources since their contribution to economic development is hindered by various barriers. Sustainable economic growth can only be achieved by fully allowing women to become economically empowered meaning to have equal access to jobs as men, being equally paid, and having the same opportunities and chances to be promoted to higher positions. The present paper approaches the manner in which women contribute to economic development by focusing on female participation in the labor market as well as on the positive externalities generated by female employment. In addition, the study focuses on the effects of the gender pay gap on the ability of women to contribute to economic development and pays particular attention to the situation in Lebanon, a developing country with a frail economy where women face various forms of labor discrimination and Romania, a country with a better situation regarding gender equality and the gender pay gap. The main findings of the study reveal the importance of addressing the gender pay gap through changes in legislation, public policies, and public services providing in order to help at boosting the economies.

Suggested Citation

  • Chirine NASSAR & Corina Cristiana NASTACA & Ariana NASTASEANU, 2021. "Women’S Contribution To Economic Development And The Effects Of The Gender Pay Gap," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 13(2), pages 60-68, June.
    • Handle: RePEc:rom:mrpase:v:13:y:2021:i:2:p:60-68
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    References listed on IDEAS

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    2. Alina CIOBANU & Armenia ANDRONICEANU, 2018. "Integrated Human Resources Activities - The Solution For Performance Improvement In Romanian Public Sector Institutions," Management Research and Practice, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 10(3), pages 60-79, September.
    3. Patricia Cortés & Jessica Pan, 2019. "When Time Binds: Substitutes for Household Production, Returns to Working Long Hours, and the Skilled Gender Wage Gap," Journal of Labor Economics, University of Chicago Press, vol. 37(2), pages 351-398.
    4. Armenia Androniceanu, 2012. "Civil Servants Career Development in the Romanian Central Public Administration," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2012(19), pages 43-52, December.
    5. Casto Martín Montero Kuscevic, 2020. "Female unemployment in Lebanon: a time series analysis," Middle East Development Journal, Taylor & Francis Journals, vol. 12(2), pages 268-283, July.
    6. Abdallah Dah & Ali Fakih, 2016. "Decomposing Gender Wage Differentials Using Quantile Regression: Evidence from the Lebanese Banking Sector," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 22(2), pages 171-185, May.
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