In countries with legal restrictions that prevent women from freely engaging in economic activity (owning property, opening a bank account, obtaining a loan, choosing where to work or whether to start a business), women perform worse across a wide variety of measures of human flourishing, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“When women have the same legal rights as men, they are better able to enjoy the fruits of employment and live independently,” said Rosemarie Fike, economics instructor at Texas Christian University and author of the Fraser Institute’s Gender Disparity Under the Law and Women’s Well-Being, part of the Fraser Institute’s ongoing research of women’s well-being worldwide.
In 2016, according to the study, 37 countries (including Saudi Arabia, Syria, Egypt, Jordan, Iran and Qatar) had severe formal legal disparity between the economic rights of men and women—essentially, legal inequality—where women face barriers to owning property, registering businesses or entering into contracts the same way as men. And women are sometimes barred from opening bank accounts, obtaining loans and entering certain types of professions.
But in 48 countries including Canada, the United States and many European countries, which have no gender disparity under the law—and thus no legal inequality—women are better able to participate in economic activity and experience greater social progress. For example, women in such countries:
“To help women worldwide improve their ability to make economic decisions and improve their lives, governments in countries such as Canada and the United States should encourage equality under the law for all countries,” Fike said.