The inequality of income and wealth is evident not only between countries and population groups, but there’s also a glaring difference between women and men. This is confirmed by a recent study by Oxfam:

EU-wide, the so-called Gender Pay Gap was 16 percent in 2017. According to Statista, Germany’s gap is much higher, at around 21 percent. Worldwide, women earn an average of 23 percent less than men, and they are more likely to perform precarious or poorly paid work. Men have 50 percent more wealth than women, and women are significantly less socially secure and less likely to have access to retirement benefits – nearly 65 percent of all people who do not receive benefits in retirement age are women.

In international politics, the demand for gender equality is currently in focus. The Ministry for Development Cooperation aims to contribute to reducing and more fairly distributing unpaid care work in the Global South through three measures:

  • Investing in public childcare and schools

  • Supporting a global fund for social security

  • Strengthening women’s rights and organizations

herVIEW - Natascha Hoffner

Posted by Natascha Hoffner, Founder & CEO of herCAREER, WiWo columnist, LinkedIn TOP Voice 2020, W&V 2019 – 100 Köpfe
published on LinkedIn on 19.03.2020