Abstract
This research aims to investigate the impact of globalization on women’s empowerment in Bangladesh. Like many other countries, Bangladesh also integrated with the rest of the world through globalization. Empirical studies on the impact of globalization on women’s empowerment in Bangladesh circumstances are rare. Many studies to date have adjudicated to review the positive and negative effects of globalization on women. The study highlights the impact of globalization on women’s empowerment in Bangladesh in three ways. Firstly, the study draws application to traverse the testimony of women's empowerment by examining the initiatives (National Women Development Policy) taken by the government to levitate the status of women in society through their participation in economic and social activities and discusses the limitations and pivotal suggestions for the policy. Secondly, the study explains the positive and negative effects of globalization on women’s lives in Bangladesh. And finally, for the quantitative analysis, the study shows different scatter plots to establish the relationship between globalization and women empowerment as the KOF Index and the GGG Index, and the SIGI Index using time series data for the period of (2007-2017).
Highlights
As a buzzword, globalization has come to dominate the world since the 1990s
The world economies have welcomed the moving towards globalization by many as an opportunity for women's empowerment
The effects of globalization will not foster if women, as new actors on the world scene, are not pivotal role players in economic, social, political, and family life
Summary
Globalization has come to dominate the world since the 1990s. It is a process of revealing world trade, development of advanced means of communication, internationalization of financial market, and more generally, increased mobility of persons, goods, assets, information, and ideas. The world economies have welcomed the moving towards globalization by many as an opportunity for women's empowerment. This phenomenon has led women to play an increasingly dispensable role in international, national, and household economies. The effects of globalization will not foster if women, as new actors on the world scene, are not pivotal role players in economic, social, political, and family life. It is obligated to review and rethink the degree to which women today have genuine biopower, economic power, cultural power, and power in making and executing political decisions
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