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Woman Participation in Business: Story of Low-Income Countries (309560)

Keywords: Panel Data, low income countries, woman in business

Conventional wisdom[ suggests that developed nations should have higher woman participation rate in business through higher accessibility to infrastructural and financial support. In developed nations ( high income countries), social and cultural norms also recommend that woman would be advancing in workplace. However, statistical data shows that high rates of business ownership is prevalent in developing nations ( low income countries) compare to high income countries. Data also shows that lower middle -income countries like Ghana and Vietnam and lower income countries like Uganda and Malawi have equivalent or higher participation rate of women in business.

Using panel data, this study aims to investigate the parameters in education ( viz secondary school completion rate, socio- economic status, fertility rates, poverty, cultural support and governance indicators) to identify key factors that potentially contribute to the success of women ownership in business for low income countries.