Economic Development & Microfinance

Women contribute actively to economic development and sustainability. Their social status determines their access to opportunities for economic autonomy and advancement. In the US, the glass ceiling is still firmly in place in many sectors of the economy. Globally, economic development efforts are doomed to failure without women’s active involvement and participation. More efforts need to focus on empowering women as wage earners, entrepreneurs and business owners. Microfinance programs also offer great potential to lift women out of poverty.

NATIONAL PARENTS' DAY FORUM: Observing National Parents’ Day by Enabling All Families to Thrive

 July 29, 2009 posted by Linda Basch
Last Sunday marked the 15th annual observance of National Parents’ Day, a holiday established to “uplift ideal parental role models.” Originally introduced into Congress by Senator Trent Lott, in 1994, then-President Bill Clinton formally established the fourth Sunday of July as National Parents’ Day. Generally, this holiday is used to promote the image of two-parent, “traditional” families.


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Ms. Foundation Hosts Successful Capitol Hill Briefing on the Recession

Last week, the Ms. Foundation for Women--in partnership with the Center for Community Change and Lake Research Partners--hosted a successful Capitol Hill briefing, sharing results from their recent poll on the impact of the recession on women.  According to Gail Cohen from the Joint Economic Committee,

only in May did women gain almost the same number of jobs as men -- but only in temporary Census jobs. In the private sector in May, women lost 1000 jobs while men gained 42,000 jobs.

To learn more about the briefing and download results of the poll, visit the Ms. Foundation's blog, Igniting Change.

 

 


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Women’s Control over Economic Resources and Access to Financial Resources, including Microfinance

This World Survey of the Role of Women in Development, published by DESA in Oct. 2009, addresses the ability of women to control and access economic and financial resources such as land, housing, employment, and social protection.

"Long-standing inequalities in the gender distribution of economic and financial resources have placed women at a disadvantage relative to men in their capability to participate
in, contribute to and benefit from broader processes of development. Despite considerable
progress on many aspects of women’s economic empowerment...deeply entrenched inequality persists as a result of discriminatory norms and practices, and the pace of change has been slow and uneven across regions. Women continue to be absent from key decision-making forums shaping the allocation of economic and financial resources and opportunities, which further perpetuates gender inequality."

URL: 
http://www.un.org/womenwatch/daw/public/WorldSurvey2009.pdf
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