Global feminization of poverty

Definition

Global feminization of poverty is the phenomenon where women represent a disproportionate percentage of the world's poor, exacerbated by systemic gender inequalities in wages, education, and access to resources. This trend is observed worldwide but is especially pronounced in developing countries.

Related terms

Gender Inequality: The unequal treatment or perceptions of individuals based on their gender, often resulting in fewer opportunities and rights for women and girls.

Wage Gap: The average difference in earnings between men and women, typically showcasing that women earn less than men for doing similar work.

Microfinance:

A type of banking service provided to unemployed or low-income individuals or groups who would otherwise have no other means of gaining financial services, intended to spur entrepreneurship and reduce poverty, often targeted at empowering women