It is an undoubted fact that more women than men around the world are poor and more likely to be poor . Gender pay inequality continues to plague every nation, leaving economic social and political progress at a stand still.
With over 37 million people in poverty and over half of them being women, closing the gender wage gap and empowering women must be a priority in reducing poverty on a global scale. In all women work 2/3 of the worlds working hours and produce half of the worlds food, so how is that they earn only ten percent the worlds income? This question proves that woman play a crucial role in the development of a nation and must be recognized when discussing equal pay and opportunities.
Women maybe be the most conspicuous untapped resource today. Investing in women and bringing them out of poverty only contributes beneficially to a nation. According to a report done in 2007 by Goldman Sachs, "Closing the gap for men and women employment would add nine percent to the US GDP, 13 percent to the European GDP, and 16 percent to Japan's GDP."
Women make up 70 percent of the one billion people living on less than a dollar a day. This is a fact that cannot and should no longer be ignored. It is important to begin to think on a larger scale. It no longer just involves equal rights, but rather greater opportunities that improve lives and in return nations as a whole.