Feminization of poverty and women’s agencies: a challenge to social equalization and inclusive growth forsustainable development

Abstract

Feminization of poverty is most complicated and compound process which is well on way all through world especially in the less developed countries. Long term investment in building base for mobilization of development components viz. infrastructure, human capital and environmental capital is only solution for the right pavement to the sustainable development. Investment in the above sectors depends on the variety of things which affect the overall inclusive development of a country. In developed countries investment in these sectors are very high and sustainable due to
strong capital base and dominating economy but in the less developed countries these traditional areas are still not properly covered due to several reasons. At present, female are about half of the world’s total human capital and they remain underutilised world over, the proportion may vary from economy to economy. In less developed economies
the proportion of women in all sectors including politics, market, education, health and other key sectors are yet a great concern. While traditionally women have been a driving force of the infrastructure, human capital and the environmental capital but due to modern approach of development women are most freak and vulnerable despite
increasing education. In the society cultural attitude of the male and women agencies are still doubting on their capacity which is a major challenge of the development. We propose that by bringing change in men’s cultural attitude and women agencies the process of development can be made easy and accessible to all, otherwise the sustainability and accessibility of development agencies might be under a severe threat. Better use of world’s half population could definitely contribute in the economic growth, reducing poverty, increased societal well-being and
sustainable development in all countries equally. Gender gap, formation of women agencies, cultural attitude, and gender dimensions are the major obstacle in overall development of the society.