Gender Equality and Economic Development - Bocconi Lecture 2010, organized by Economia e Società Aperta.
Mario Monti, President of Università Bocconi.
Special guest: Esther Duflo Professor of Economics, Massachussets Institute of Technology (MIT).
There is a reciprocal and intimate relationship between women's empowerment and economic development. On one hand, development alone can play a major role in driving down inequality between men and women; on the other, continuing discrimination against women can, as Amartya Sen has argued, hinder development.
Gender empowerment, defined as improving women's ability to access the constituents of development -- health, education, earning opportunities, rights, and political participation -- can accelerate development.
Economic development, however, is not enough to bring about complete equality between men and women. The potential for women's empowerment and economic development to mutually reinforce each other -- says Duflo -- is not as simple as the image offered by policy makers and social scientists.
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