Women play an
important role in driving economic growth. In many countries, women entering
the labour market are critical to economic development.
However,
more than half of the women around the world still don't have jobs. At this
time, when governments around the world are seeking short- and long-term
solutions for economic development, expanding the economic opportunities
available to 1.5 billion women who are unemployed, including eliminating
social, educational, legal and financial barriers for women, would be extremely
important.
Thus,
to measure the progress of the economic development of women, the Women's
Economic Opportunity Index was created by the Economist Intelligence Unit. This
index considers the factors that affect women's access to economic
opportunities in five dimensions:
-
Labour policies and practices such as employment discrimination issues;
-
Access to capital for women;
-
Education and training for women;
-
Women's legal and social status;
-
The general business environment such as the availability of infrastructure and
access to technology and energy.
In
each dimension, there are many sub-indicators.
Data
for this index is collected from various international organisations, including
the United Nations, the International Monetary Fund and many others. The index
ranks 128 countries and Thailand is among them. In 2012, the top five countries
where women's economic opportunities are highest are Sweden, Norway, Finland,
Belgium and Australia in descending order. Thailand is in a good position as it
is ranked 47th in the world and second in the Asean region, behind only
Singapore which is ranked 31st in the world, while Malaysia's ranking is 53rd,
the Philippines, 74th; Indonesia, 85th; Vietnam, 87th; Cambodia, 96th; and
Laos, 109th. In addition, for the lower middle income countries, where the
average income is US$976 (30,900 baht) to $3,855 a year, Thailand ranks number
one among 39 countries with a score of 60.1 points (out of 100) which is an
increase from 2010.
If
we consider women's economic opportunities in Thailand, it seems that the
situation is better than in many other countries. In 2010, the participation
rate of women in the labor force was 64.3%, which was lower than men (80.7%).
The average unemployment rate for women was 1% _ or about 175,900 women _ which
was less than the average unemployment rate for men, which was 1.1%, or
approximately 226,300 men. For the public sector, the ratio of women as
government officers at levels 1-8 is higher than for men, while at levels 9-11
there is a higher ratio of men than women.
The
reason why Thai women have become more involved in economic development than
women in many other countries, I believe is because this issue has received
considerable attention from the public sector for a long time. There is the
women's development plan which was consistently planned along with the national
economic and social development plan. Because of the women's development plan,
awareness of non-governmental organisations and communities has increased.
Organisations and mechanisms to protect women's rights have been set up at all
levels. Moreover, the national government, local governments and governmental
agencies have implemented policies that empower women. For example, the
government recently set up the National Development Fund for Women. The
government's budget for this project is around 7.7 billion baht, or an average
of 100 million baht per province. This policy will be very useful for the
economic development of women if the fund is managed effectively, the operation
is run transparently without the intervention of political parties and all
women can gain full access to the fund.
However,
the above is only one aspect of women's development, as economic development
can't fully reflect the entire picture of women's development. So, we should
consider women's development in other areas as well, such as politics and other
social aspects. If we consider other aspects, we will find that Thai women
still face many problems which are waiting for solutions, such as family
violence, sexual harassment, security, exploitation and the attitude of society
towards women, etc.
There
is considerable empirical evidence pointing to the fact that if women develop
in various dimensions, society will develop both directly and indirectly.
Therefore, the government should give serious priority to women's development
so that they will be able to help accelerate national and social development.
As former UN Secretary-General Kofi Anan once said, "There is no tool for
development more effective than the empowerment of women."
Kriengsak
Chareonwongsak
Business & Investment Opportunities
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