Vol. 14 No. 3 (2024): Vol 14, Iss 3, Year 2024
Articles

Breaking Barriers: The impact of gender equality on economic success : A comprehensive review

Samuel Asuamah Yeboah
Department of Business and Management Studies, Sunyani Technical University, Ghana.
Diana Mogre
Department of General Agriculture, Faculty of Applied Science and Technology (FAST), Sunyani Technical University, Ghana.
Published September 30, 2024
Keywords
  • Economic Performance, Economic Growth, Affirmative Action, Developing Nations.
How to Cite
Samuel Asuamah Yeboah, & Diana Mogre. (2024). Breaking Barriers: The impact of gender equality on economic success : A comprehensive review. Journal of Management and Science, 14(3), 70 - 80. https://doi.org/10.26524/jms.14.30

Abstract

This systematic review explores the empirical evidence on the relationship between gender equality and economic performance in developing nations, focusing on the mechanisms through which gender equality influences economic outcomes. By conducting a comprehensive search of academic databases, we identified relevant studies published between 2000 and 2023. The findings consistently reveal a positive correlation between gender equality and economic indicators such as GDP growth, labour force participation, and productivity. Key mechanisms driving these outcomes include enhanced human capital, increased labour market participation, and improved decision-making and innovation. Despite generally robust quality assessments, some studies were limited by sample size and geographic coverage. This review highlights the significant economic benefits of promoting gender equality and emphasises the need for educational and legal reforms, as well as community initiatives, to overcome challenges like cultural resistance and policy implementation barriers. Policymakers and stakeholders are urged to prioritise gender equality to fully leverage its economic potential. Further research is needed to explore long-term and sector-specific effects.

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