Gender Inequality in the WAEMU: Current Situation and Opportunities

This paper documents the current state of gender inequalities in the WAEMU by focusing on outcomes (health, education, labor market and financial inclusion) and opportunities (economic rights).
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Volume/Issue: Volume 2024 Issue 016
Publication date: May 2024
ISBN: 9798400276811
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Finance , Money and Monetary Policy , International - Economics , Gender Studies , gender inequality , B , gender inequalities in the WAEMU , IMF WAEMU , C , economic gains , WAEMU lag , Gender inequality , Women , Financial inclusion , Gender diversity , Global

Summary

This paper documents the current state of gender inequalities in the WAEMU by focusing on outcomes (health, education, labor market and financial inclusion) and opportunities (economic rights). The findings show that despite significant progress toward gender equality over the last three decades, there are still prevalent gender-based disparities, which prevent women from fulfilling their economic potential. Both empirical and model-based estimates suggest that the WAEMU can reap substantial economic gains by mitigating the existing gender gaps in schooling and labor market outcomes. Hence, achieving gender equality remains a macro-critical goal for the region. Going forward, the need for specific policies supportive of gender equality may vary in each member country, but a multifaceted and holistic approach is needed to unleash the related economic potential in the WAEMU as a whole.