Role of Women in Economic Development of Pakistan
Keywords:
Entrepreneurship, GDP, policymakers, female workforce, Economic Development of Pakistan.Abstract
This paper investigated women's participation in the economy, women's contribution to GDP and entrepreneurship in Pakistan. While female labor force participation rate has increased to 22% (fuels, half of the global average) despite of several measures. Even though the single contributor of India's GDP is women at 20%, who are active in both Agriculture as well as in providing services in the urban areas (Education and Healthcare), it still needs to be recognized properly. Principal barriers are socio-cultural factors, lack of literacy, poverty, and discrimination at workplace. The research concludes the importance of inclusive and gender-specific forward- looking policies that could increase women economic participation which in turn can parallel to significant rise in GDP of Pakistan and enhance the income level of households as well. The updated data and insights are expected to inform policymakers and development practitioners on effective strategies to empower women economically, thereby fostering inclusive and sustainable economic growth in Pakistan.
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