Publication Date:
2012-09-01
Description:
Women's rights and economic development are highly correlated. Today, the discrepancy between the legal rights of women and men is much larger in developing compared with developed countries. Historically, even in countries that are now rich, women had few rights before economic development took off. Is development the cause of expanding women's rights, or conversely, do women's rights facilitate development? We argue that there is truth to both hypotheses. The literature on the economic consequences of women's rights documents that more rights for women lead to more spending on health and children, which should benefit development. The political-economy literature on the evolution of women's rights finds that technological change increased the costs of patriarchy for men and thus contributed to the expansion of women's rights. Combining these perspectives, we discuss the theory of Doepke & Tertilt (2009) , who find that an increase in the return to human capital induces men to vote for women's rights, which in turn promotes growth in human capital and income per capita.
Print ISSN:
1941-1383
Electronic ISSN:
1941-1391
Topics:
Economics
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