Speaker
Description
This research explores how gender equality shapes economic growth in Europe by focusing on the Gender Equality Index (GEI) as a key measure. Using the E3ME econometric model, it examines how reducing the gender pay gap, encouraging women’s participation in STEM fields (Science, Technology, Engineering, and Mathematics), and promoting equal job opportunities contribute to GDP (Gross Domestic Product) and employment rates across different regions. Comparing the economic impacts of different levels of gender equality, the study closely examines the 27 EU member states. Also, it includes Special Economic Models to find practical options for enhancing growth potential in regions with high potential.
Research shows that areas with better gender equality scores have better economic growth and more jobs and areas with continuing inequality have economic problems. The study shows that gender equality is not only a hugely desirable goal for society but also an important element in increasing economic growth, considerably contributing to the long-term strength and resilience of regions.
Keywords | Gender Equality, Economic Growth, Labor Productivity, Social Inequalities, European Society |
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Best Congress Paper Award | No |