Gendered Knowledge Economy as a Boon for Global Social Development

This chapter discusses the pervasive challenges of economic issues and poverty affecting individuals, families, communities, and nations. Poverty has been characterized by a lack of necessities, such as food, shelter, healthcare, natural disaster, and education, and is often rooted in broader economic issues such as inadequate education and skills, unequal distribution of wealth and resources, limited access to credit and financial services, discrimination, and global economic factors. It mainly focuses on the aspect of gender inequality, which is a significant but less spoken economic issue that exacerbates poverty and undermines nations’ economic and social development. It shows how women face unusual challenges in accessing economic opportunities, such as unequal pay, limited access to credit and financial services, and discrimination in hiring and promotion. As a result, women are more likely than men to experience poverty, particularly in developing countries. Promoting gender equality and empowering women is crucial for sustainable economic and social development. Further, a structured approach has been portrayed to address these causes, involving policy and institutional reforms, community engagement, and education and awareness-raising efforts to overcome the economic issues. Understanding these issues and finding appropriate solutions is vital for policymakers, economists, and individuals alike, as they impact our daily lives and the future of our society.