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Macroeconomic Impacts
Research by Kabeer and Mahmud (2004) emphasizes that women's participation in the formal sector not only impacts household income but also overall economic growth. Studies by the World Bank (2012) show that increasing women's labor force participation can positively impact GDP, especially in developing countries relying on the manufacturing sector.
Theoretical Review
Structural Transformation Theory
This theory explains the shift of labor from the agricultural sector to the manufacturing and service sectors with economic development (Lewis, 1954). In the context of GVCs, this shift is often accelerated by foreign investment and global integration, creating new opportunities for women in the manufacturing sector.
Research by Kabeer and Mahmud (2004) emphasizes that women's participation in the formal sector not only impacts household income but also overall economic growth. Studies by the World Bank (2012) show that increasing women's labor force participation can positively impact GDP, especially in developing countries relying on the manufacturing sector.
Theoretical Review
Structural Transformation Theory
This theory explains the shift of labor from the agricultural sector to the manufacturing and service sectors with economic development (Lewis, 1954). In the context of GVCs, this shift is often accelerated by foreign investment and global integration, creating new opportunities for women in the manufacturing sector.
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