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Saturday, November 28, 2009

Women A Must For Economy

By Vicki Irvin

Women-owned businesses comprise between one-quarter and one-third of businesses in the formal economy and are likely to play a greater role in the informal sectors. They today account for nearly half the work force, own nearly 40 percent of all us. But Women in the career track in the workplace are often subtly prevented from advancing at the same rate or to the same extent as their male counterparts.

Women participate in business like the unskilled participating in menial, as part of a proletariat, more often in feminized, sex-segregated dead-end jobs and slower-growing niches of service-oriented industries. Women's status at work serves as a lightning rod for the debate over their roles more generally. Their political struggle both spearhead and reflect changes in business activities and structures, shifting the meaning and influence of business in women's lives.

Women are undoubtedly the fastest growing group of entrepreneurs in the world and very important to its economy. They are starting businesses at a faster rate than men. Their familial roles as primary caretakers for most of the world's children and elderly are not hampering them. But women don't just want to clean up the mess that men make. The recent global economic crisis is being attributed to male bankers. Due to this crisis many Women owned businesses which are small had to bear the brunt.

Gender gaps in access to resources and services are a major obstacle to women's development. There have been initiatives but the ebb and flow of development priorities and choices, however, have yet to fully integrate a gender perspective that is aimed towards the achievement of women's empowerment.

Countries where women issues are not given due importance often cite importance of communities rather than a gender specific approach. This has lead to most women not attaining the required skills for a successful career.

Women have proved that they are just as good as men if not better and their functioning as individuals or groups should not be subject to gender prejudice. Women have to be acknowledged.

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