Publication: Closing Gender Gaps in Earnings
Date
2023-03-27
ISSN
Published
2023-03-27
Author(s)
Sahay, Abhilasha
Abstract
Gender gaps in earnings persist
across all regions. For every dollar men make, women make 77
cents. Closing this gap can lead to sizeable gains for
economies - an estimated 160 trillion dollars in global
gross domestic product (GDP) per capita. A multitude of
factors contributes to this gap and this note sheds light on
some of the key drivers. Effective evidence-backed policy
options to close the earnings gap include providing
information on work opportunities and returns to employment,
training in socio-emotional skills, imparting
sector-specific technical skills to address occupational
segregation and adopting pay-transparency laws. The World
Bank Group actively supports countries to boost women’s
access to better, high-quality jobs through development
policy lending, advisory and analytical work, and supporting
reforms to address constraining contextual factors. This
note examines an array of policy options that are effective
or show promise in closing gender gaps in earnings and
offers some key takeaways.
Citation
“Sahay, Abhilasha. 2023. Closing Gender Gaps in Earnings. World Bank Group Gender Thematic Policy Notes Series. © World Bank, Washington, DC. http://hdl.handle.net/10986/39596 License: CC BY-NC 3.0 IGO.”