The phenomenon whereby women experience poverty at rates disproportionately higher than men is a significant global challenge. This disparity is not merely a matter of income, but reflects a complex interplay of socioeconomic factors that systemically disadvantage women. Contributing elements include unequal access to education, healthcare, and employment opportunities, coupled with discriminatory legal and cultural norms. For instance, in many regions, women may face restricted access to land ownership, credit, and inheritance, severely limiting their economic agency and perpetuating a cycle of financial hardship. These circumstances often intensify when women are single parents or caregivers, further compounding their vulnerability.
Addressing this issue is crucial for achieving broader societal progress and sustainable development goals. Empowering women economically has cascading positive effects, benefiting families, communities, and national economies. Reduced poverty among women leads to improved health and education outcomes for their children, contributing to a more skilled and productive workforce. Furthermore, women’s increased economic participation fosters greater gender equality, strengthens social cohesion, and promotes more inclusive and equitable societies. Historically, overlooking this disparity has resulted in ineffective poverty reduction strategies and perpetuated societal inequalities.
