The Final Act of the Uruguay Round of multilateral trade negotiations underscored the increasing interdependence of national economies, as well as the importance of trade liberalization and access to open, dynamic markets. There has also been heavy military spending in some regions. F. Women and the economy 159. Although some new employment opportunities have been created for women as a result of the globalization of the economy, there are also trends that have exacerbated inequalities between women and men. At the same time, globalization, including economic integration, can create pressures on the employment situation of women to adjust to new circumstances and to find new sources of employment as patterns of trade change.
More analysis needs to be done of the impact of globalization on women's economic status.
In the private sector including transnational and national enterprises, women are largely absent from management and policy levels, denoting discriminatory hiring and promotion policies and practices. The unfavourable work environment as well as the limited number of employment opportunities available have led many women to seek alternatives. When they gain access to and control over capital, credit and other resources, technology and training, women can increase production, marketing and income for sustainable development. Strategic objective F.1. Promote women's economic rights and independence, including access to employment and appropriate working conditions and control over economic resources Actions to be taken 167.