Globalization is revolutionizing the way the world works, and can bring tremendous benefits to developing countries - by stimulating trade, generating employment, and by applying new information technology to education. At the same time, we recognize that not all developing countries have been able to take advantage of the benefits of globalization, and certainly not to the same degree. As some countries race ahead, others face the risk of falling further behind in relative terms. Within countries, not all groups share equally in the benefits. Due to historic and existing patterns of discrimination in many countries, some vulnerable groups, including women, have less access to these benefits, or to the proper preparation and training that will enable them to participate fully in the positive aspects of the new economy.
Women lag behind men in education, technological training, access to credit, and land ownership.
Due in part to gender biases in institutions, women workers and women in business are often less able to take advantage of economic opportunities, including those enhanced through globalization. Countries that are falling behind generally suffer from pre-existing weaknesses in policies and institutions, which, among other ill effects, retard the advancement of disadvantaged groups, including women. But the information and communications technology that comes with globalization can also benefit these disadvantaged groups, if they are allowed the freedom to learn, to participate fully in political and social life, and to seize economic opportunity. Globalization is a fact, not a policy option. It is up to each nation to pursue policies that can help its people take advantage of the opportunities of globalization, so that all citizens, including women, will benefit.