Globalization may have different impacts on the gender wage gap depending on the specialization and trade pattern as well as the socioeconomic situation. The main purpose of this website is to examine an impact of globalization on gender wage inequality. Specifically, the hypothesis is that globalization reduces gender wage gap. For this, I have analyzed the data of 37 countries during 2002-2010-2023. Based on the obtained results, the gender wage gap has fallen from an average of 18% to 12% in the last 10 years, thus the hypothesis being verified.
About
Globalization may have different impacts on the gender wage gap depending on the specialization and trade pattern as well as the socioeconomic situation. The main purpose of this website is to examine an impact of globalization on gender wage inequality. Specifically, the hypothesis is that globalization reduces gender wage gap. For this, I have analyzed the data of 37 countries during 2002-2010-2023. Based on the obtained results, the gender wage gap has fallen from an average of 18% to 12% in the last 10 years, thus the hypothesis being verified.
Data Review
After having reviewed the data, we can see that there has been a drop in the literacy rates of women from 1987 to 2011, The average annual income of women in India is 115969 as compared to 119964 for men.
The working poverty rate for women is 15, compared to 13 for men and the unemployment rate for women is 72 compared to 67 for men.
Although the gender wage gap has fallen by 6% in the last 10 years, there is still a gap of 26% across the world and at the current rate of progress there will not be equal pay until 2069.
Worldwide, women only make 77 cents for every dollar earned by men. As a result, there’s a lifetime of income inequality between men and women and more women are retiring into poverty.
This stubborn inequality in the average wages between men and women persists in all countries and across all sectors, because women’s work is under-valued and women tend to be concentrated in different jobs than men. Even though the work itself may require equal or more effort and skills, it’s valued and remunerated less. For women of colour, immigrant women and mothers, the gap widens. The so-called “motherhood penalty” pushes women into informal economy, casual and part-time work, and tends to be larger in developing countries than in developed countries.
At Impact of Globalization on Gender Wage Gap, we understand the importance of data visualization in understanding complex issues like the gender wage gap. We are constantly pushing the boundaries of what is possible in this field. We are passionate about using our skills to make a positive impact on society, and we believe that our work can help drive change and create a more equitable world. A world in which there is equal pay of work for equal value and where job opportunities and salaries are based on the skill of an individual and not on their sex, skin color or religion.