Globalisation, Gender And Growth

The authors consider the effect of globalization on fertility, human capital and growth. They view globalization as creating market opportunities for employment in less developed countries. They construct a specific model of household decision making, drawing on empirical observations in the development economics literature, and show that if the market opportunities produced by globalization are for women then globalization reduces fertility and increases human capital formation. If the opportunities are for men then fertility increases and human capital formation falls.