Gender Budgeting: a way governments can promote gender equality
In the context of policy, gender equality is presented as a worthwhile goal for equity and efficiency reasons. There are several definitions and approaches towards gender equality, yet most agree that it is about empowerment and fairness at the economic, political, and moral level.
The developing strategies of gender budgeting commonly range from investing in welfare, financing social infrastructure and, in the most poorest countries, investing in basic public services such as clean water and electricity. All of them have shown to have a positive impact on the labour market, productivity and, in turn, on economic growth.
The following visualization summarizes the principles of gender budgeting as well as some examples of these initiatives in countries such as South Korea and Uganda.