GLOBALIZATION'S DOUBLE EDGE: ASSESSING ITS IMPACT ON WOMEN

Abstract

The duple outcome of globalization has had a compelling sway on women all across the globe as it offers prospects as well as complications. On the one hand, today’s women now have more options to contribute through work, access to education, and healthcare which is a result of improved economic opportunities derived from globalization where technology disseminates ideas to share with the world, empowering women to establish and confront the world for their rights but with the uninterrupted gender-based exploitation, with the forced low remunerations accompanied by the ambiguous employment in some specific sectors like manufacturing. Furthermore, the deconstruction of social safety nets brought about by the neoliberal policies that accompanied globalization has increased the care obligations placed on women which hinders admittance of their access to economic opportunities, which makes women's experiences with the current phenomenon of globalization more complex and context-specific, which demand a detailed and comprehensive evaluation to ensure the fair distribution of its positive outcomes by minimizing its negative effects. This study analyses the impact of globalization on women in the underdeveloped and developed nations. It is a noticeable fact that globalization positively supports East Asian countries by providing more opportunities that generate economic prosperity but also results in inequality and exploitation, specifically for females and children living in less or least developed areas. Because of the reduction in public services, women in these areas often experience low earnings, unfavorable working conditions, and an increase in household duties. According to this study, globalization tends to uphold unfair labor practices and discriminatory gender norms even when it can give women access to the workforce and financial independence so there is no doubt in the fact that, Gender inequality and economic development both go hand in hand in developing countries, where women are more likely to be exploited and have lower levels of economic engagement.