Integrating Women into the World Economy Essay -- Economics Females E

Integrating Women into the World Economy Introduction On November 9, 1989, the world’s economy changed dramatically. The fall of the Berlin wall produced a new world order which enabled states to connect on political, economic, and social levels with nations that were previously inaccessible to the western world. This created an interaction across national boundaries. The past two decades have seen the growing economic interdependence of countries worldwide, including an increased volume of cross-border transactions of goods and services, international capital flows, and most importantly, the rapid and widespread diffusion of technology (â€Å"Economic and Social Survey of Asia and the Pacific, 1999†). The airplane hijackings in America on September 11, 2001 further proved that the world had changed. From that day forward, all nations possessed the abilities to play a role in outsourcing and technology sharing. New York Times columnist Thomas Friedman illustrated this point in the book â€Å"The World Is Flat† when he stated that economic power sources are no longer monopolized by prosperous developed nations, but instead by a flattened, equal playing field for all countries. There are numerous illustrations used by Friedman, including the fact that â€Å"all the world’s computer parts come from the same supply chain that runs from Korea, down through coastal China, over to Taiwan and down to Malaysia† (Friedman). With the influx of development in the global arena, opportunities for jobs and sustainability have also increased, especially in developing nations with resources to contribute to global production. Such positions and opportunities have been filled mainly by citizens who have been granted educational opportuniti... ...nomics. United Nations Development Fund for Women. 23 April 2007 â€Å"Regional Symposium on Gender Mainstreaming into Economic Policies.† 28-30 January 2004. United Nations Economic Commission for Europe. â€Å"The United Nations Fourth World Conference on Women.† September 2005. Beijing Platform for Action. 20 April 2007. â€Å"What Are the Millennium Development Goals?† 2005. UN Development Goals. 20 April 2007. â€Å"Women and the Economy.† UNFPA: Working to Empower Women. 23 April 2007. - Women and the Economy.htm>