Transcript Slide 1
The Gender Wealth Gap Louis Boakye-Yiadom University of Ghana/The Gender Asset Gap Project World Bank Workshop on Gender and Assets 14 June 2012 Outline •The gender wealth gap – basic concept • The gender wealth gap – findings from Ecuador, Ghana, and Karnataka (India); •The gender wealth gap, using a modified measure; •Summary of findings and concluding thoughts. 2 The Gender Wealth Gap – Basic Concept The gender wealth gap • Females’ share of the value of assets; • Incorporates both quantity and quality dimensions; • Limitation: Focuses only on owners of assets 3 Gender Shares (%) of Total Gross Physical Wealth 90.0 81.0 80.0 69.7 Share (%) of Gross Physical Wealth 70.0 60.0 53.3 50.0 46.7 40.0 30.3 30.0 19.0 20.0 10.0 0.0 Ecuador Ghana Karnataka Country/State Share (%) of males in physical wealth Share (%) of females in physical wealth 4 Gender Shares (%) of Gross Financial Wealth 80.0 74.0 70.0 67.7 61.1 Share (%) of Financila Wealth 60.0 50.0 38.9 40.0 32.3 30.0 26.0 20.0 10.0 0.0 Ecuador Ghana Karnataka Country/State Share (%) of males in financial wealth Share (%) of females in financial wealth 5 Share (%) of Value of Physical Assets, by Sex; Ecuador 100% 90% 36.2 80% 51.3 70% 56.7 33.2 49.6 55.0 56.3 53.3 60% 50% 40% 63.8 30% 48.7 20% 43.3 66.8 50.4 45.0 43.7 Other Real Estate Livestock 46.7 10% 0% Principal Residence Agricultural Land Males' share of value Ag Equipment & Installations Females' share of value Businesses Consumer Durables All 6 Share (%) of Value of Physical Assets, by Sex; Ghana 100% 7.1 13.9 90% 25.9 80% 21.2 36.7 31.5 30.3 68.5 69.7 Consumer Durables All 38.3 70% 60% 50% 92.9 86.1 40% 74.1 30% 78.8 63.3 61.7 20% 10% 0% Principal Residence Agricultural Land Other Real Estate Livestock Males' share of value Ag Equipment & Installations Businesses Females' share of value 7 Share (%) of Value of Physical Assets, by Sex; Karnataka 100% 5.0 12.0 90% 16.0 19.0 23.0 38.0 80% 46.0 51.0 70% 60% 50% 95.0 88.0 40% 84.0 81.0 77.0 62.0 30% 54.0 49.0 20% 10% 0% Principal Residence Agricultural Land Other Real Estate Livestock Males' share of value Ag Equipment & Installations Businesses Consumer Durables All Females' share of value 8 Females' Share (%) of Gross Physical Wealth, by Quintile 70.0 62.5 60.0 59.3 58.8 56.6 55.8 Females' Share (%) of Gross Physical Wealth 53.9 52.1 50.3 50.0 46.1 45.5 40.9 40.0 30.0 28.2 29.8 26.0 20.0 16.0 10.0 0.0 Ecuador Ghana Poorest Second Third Karnataka Fourth Richest 9 The Gender Wealth Gap, Using a Modified Measure • Measure G = Fw – Fp, where Fw: Females’ share of wealth Fp: Females’ share of the population G=0: An absence of a gender wealth gap G<0: A gender wealth gap in favour of males G>0: A gender wealth gap in favour of females 10 The Gender Wealth Gap, Using a Modified Measure – Cont ... Ecuador Ghana Karnataka Females’ Share of Physical Wealth 0.533 .303 0.19 Females’ Share of the Population 0.518 .524 .523 Modified Gender Wealth Gap 0.02 -0.22 -0.33 11 Key Findings • Differences exist among the three countries in the gender wealth gaps for the various asset categories; •Females’ share of physical wealth is highest in the poorest quintile, but lowest in the richest quintile; • For Ghana and Karnataka, the size of the gender wealth gap is an indication that massive policy interventions are required to considerably bridge the gap. 12 Thank You! 13