Disparities in Economic Growth and Gender Inequality
DOI:
https://doi.org/10.31674/ijmhs.2023.v07i02.008Abstract
This study explores how gender disparity and investments affected GDP growth in the five Great Maghreb countries (Algeria, Libya, Mauritania, Morocco, and Tunisia) from 1985 to 2011. The data is analysed using the GMM dynamical panel technique. The data show diverse investment and economic growth patterns. For 5% of the population, focused investments in productive sectors and infrastructure boost economic growth.
However, 10% of investments have a statistically significant negative impact on economic growth, which is alarming. This emphasizes the need for a more sophisticated understanding of investment allocation and resource diversion, which may limit economic progress for particular groups.
Also examined are how gender disparity affects Great Maghreb GDP growth. Gender imbalance reduces economic growth by 5%, according to studies. To maximize human capital and promote sustainable economic development, gender inequities must be addressed. This study emphasizes targeted and equitable investments as essential drivers of economic growth and the urgent need to address gender inequality to promote inclusive and strong GDP expansion in the Great Maghreb countries. These insights should inform regional economic and social development initiatives by policymakers and stakeholders.
Keywords:
Gender Disparity, Economic Growth, Detrimental ImpactDownloads
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