There seems to be a lot to celebrate on International Women's Day in the field of economics. However, women remain a minority in a field that is still seen by many as being dominated by men in suits and churning out policy divorced from the real world
The Women in Economics Initiative seeks to advance gender equality in the discipline. According to its 2022 Index, women represent from 10% to 24% of the top global positions in economics, covering academia and the private and public sectors.
She said the lack of women in top economic roles in itself discouraged other women to choose the field as a career. The reasons are complex. Economics entails a lot of mathematics and analytical thinking and there is a cliché that men are better at those, which can make women reluctant to choose this discipline, said Katharina Wrohlich, leader of the Gender Economics research group at the German Institute DIW.
That has led to an over-concentration on some subjects at the expense of others. Women and men tend to have different research interests, said Alisa Weinberger, economics researcher at Goethe. Women are doing more research in health, labour and education, while men focus on economic theory, macroeconomics and finance.
The World Bank is taking a proactive approach to create a more positive environment and remove obstacles for female economists, said Kathleen Beegle, lead economist in the Human Development Team of the bank's Development Research Group.
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