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<article xmlns:xlink="http://www.w3.org/1999/xlink">
  <front>
    <journal-meta />
    <article-meta>
      <title-group>
        <article-title>Fostering Gender Equality to Stimulate Economic Growth: Legal and Institutional Measures to Enhance Economic Security of EU Member-states and Ukraine</article-title>
      </title-group>
      <contrib-group>
        <aff id="aff0">
          <label>0</label>
          <institution>Kyiv National Economic University named after Vadym Hetman</institution>
          ,
          <addr-line>54/1 Peremogy ave., 03057, Kyiv</addr-line>
          ,
          <country country="UA">Ukraine</country>
        </aff>
        <aff id="aff1">
          <label>1</label>
          <institution>Kyiv National University of Trade and Economics</institution>
          ,
          <addr-line>19 Kyoto str., 02156, Kyiv</addr-line>
          ,
          <country country="UA">Ukraine</country>
        </aff>
      </contrib-group>
      <fpage>38</fpage>
      <lpage>48</lpage>
      <abstract>
        <p>The article discloses the pathway for enforcing gender equality via legal measures to stimulate economic growth enhancing economic security of EU member-states and Ukraine. Our calculations using Spearman coefficient have shown that the rank correlation coefficient of GDP per capita and gender gap in EU member-states is statistically significant. Therefore, there is a direct and weak connection between gender gap levels and GDP per capita at current market prices of EU member-states. Female empowerment overcoming stereotypes, including gradual eradicating of the false concept of so-called “masculine” jobs, still needs further expansion as only a small percentage of women reach the highest echelons of power influencing domestic and international political, economic and social processes. The global Covid-pandemic creates numerous threats and opportunities caused by social and economic restructuring including the expansion of flexible and remote works, online learning, welfare challenges, etc. The article proves that governments should concentrate on achieving gender equality in health care, education, finance, economy, politics and other spheres to respond to modern challenges. The experience of developed countries, including EU member-states, shows that guaranteeing gender equality results in social and economic progress, therefore, ensuring economic security of the state.</p>
      </abstract>
      <kwd-group>
        <kwd>1 Economic development</kwd>
        <kwd>EU member-states</kwd>
        <kwd>gender equality</kwd>
        <kwd>gender gap index</kwd>
        <kwd>GDP per capita</kwd>
        <kwd>legal regulation</kwd>
        <kwd>Ukraine</kwd>
      </kwd-group>
    </article-meta>
  </front>
  <body>
    <sec id="sec-1">
      <title>Introduction</title>
      <p>Ensuring equal rights and opportunities for women and men is top priority for any democratic
nation. Gender equality is the value and goal to be achieved to guarantee justice and social
development. Female empowerment and gender equality is one of 17 key goals of sustainable
development adopted by the United Nations [13], also being the universal criterion for assessing the
level of socioeconomic development and freedom. For instance, female empowerment in education
improves health care, increases household incomes, and reduces infant mortality.</p>
      <p>The United Nations and its different specialized institutions have adopted more than 100
regulations aimed at implementing the principle of gender equality. However, the lack of national
legal mechanisms for enforcing international law results in terrible outcomes. For example, women are
not entitled to have passports without the consent of their husbands in more than 30 countries that are
parties to the Beijing Declaration on Gender Equality [14]. Married females are not allowed to decide
which country's citizenship they will receive in 22 countries. Women can not work without the
permission of their husbands in more than 20 countries. There are countries where women do not have
the right to vote (Saudi Arabia, Vatican), or this right is limited, for example, you need to have primary
or higher education (Brunei, Lebanon, UAE). The absence or insufficient number of relevant court
precedents discourage females to fight for their rights as they do not believe in justice any more.</p>
      <p>
        In contrast, the “Gender Equality in the European Union” states that equal treatment for men and
women has been one of the main principles of the EU since its inception, and the principle of gender
equality is central to all its activities [
        <xref ref-type="bibr" rid="ref2">2</xref>
        ]. The EU Gender Equality Strategy 2020–2025 foresees that
females and males will have equal chances for success and leadership within European society [
        <xref ref-type="bibr" rid="ref3">3</xref>
        ].
The European Union is a wonderful example of pursuing the gender equality at at the regional level
and ensuring its implementation in the process of political decision-making. Therefore, the impact of
gender equality on socioeconomic development of EU member-states needs further investigations.
      </p>
    </sec>
    <sec id="sec-2">
      <title>Literature Review</title>
      <p>
        The abundant literature on gender equality discloses a lot of components, problems and prospects
for achieving gender equality. For instance, Kabeer [
        <xref ref-type="bibr" rid="ref6">6</xref>
        ] demonstrates that patriarchal principles shrink
opportunities for economic growth hindering gender equality. Mitra, Bang, and Biswas [
        <xref ref-type="bibr" rid="ref9">9</xref>
        ] question
the efficiency of fighting for equal outcomes instead of pursuing the meritocratic principle of equal
opportunities for men and women. Portalatin [
        <xref ref-type="bibr" rid="ref10">10</xref>
        ] points out potential danger of technological
progress for women as they are more vulnerable in fighting for the downsizing job market.
      </p>
      <p>
        Agarwal [
        <xref ref-type="bibr" rid="ref1">1</xref>
        ] argues that ending poverty and hunger depends on successful achieving gender
equality. Johnson, Kovarik, Meinzen-Dick, Njuki, and Quisumbing [
        <xref ref-type="bibr" rid="ref5">5</xref>
        ] proved that legalizing female
ownership of agricultural assets stimulates the growth on households’ income. Moreover, Theriault,
Smale, and Haider [
        <xref ref-type="bibr" rid="ref11">11</xref>
        ] showed that eradicating the stereotype of incapable female managers results
in the growing agricultural sustainability. Finally, Kolinets and Tokar [Kolinets] shed light on
competitiveness of EU agricultural business entities managed by females.
      </p>
      <p>Vinska and Tokar investigated the interconnection between political female empowerment and
economic development and gender equality in European countries; revealed the interplay between
gender equality and socioeconomic development, as well as innovation competitiveness of EU
member-states; verified the adherence to European standards of gender equality in Ukrainian banks
[15-19].</p>
      <p>Despite numerous articles on different aspects of gender equality, only Tokar and Wasilewska
[12] elaborated the conceptualization of gender equality within the framework of economic security
of the state. Therefore, this article aims at expanding this topic disclosing legal measures designed to
bridge the gender gap resulting in enhancing economic security.</p>
    </sec>
    <sec id="sec-3">
      <title>Methodology</title>
      <p>We use the Spearman coefficient to investigate the interplay between GDP per capita at current
market prices and values of gender gap index of EU member-states in 2016-2020.</p>
      <p>Ошибка! Источник ссылки не найден. shows that the average growth of GDP per capita at
current market prices in EU member-states was 11.6 percent in 2016-2020. Luxembourg had the
biggest average value of 98235 euros, while Bulgaria was the laggard with only 7938 euros.
Finland 39580 41080 43510 42940
Germany 38070 39440 41510 40120
Belgium 37960 39130 41460 39110
France 33430 34250 36140 34040
Italy 28210 28940 29980 27780
Malta 23190 25010 26920 24630
Spain 23980 24970 26430 23690
Cyprus 22230 23410 25270 23400
Slovenia 19590 20820 23170 22010
Portugal 18060 19020 20800 19660
Estonia 16670 18130 21220 20440</p>
      <sec id="sec-3-1">
        <title>Czech</title>
        <p>16790 18330 21140 20120</p>
      </sec>
      <sec id="sec-3-2">
        <title>Republic</title>
        <p>Greece 16170 16470 17110 15490
Slovakia 14920 15540 17220 16770
Lithuania 13560 14950 17470 17510
Latvia 12940 13890 15900 15430
Hungary 11830 12960 14950 13940
Poland 11110 12170 13900 13640
Croatia 11170 11920 13340 12170
Romania 8630 9580 11510 11290
Bulgaria 6820 7400 8780 8750
Average 27955 29225 31615 30584</p>
        <p>
          Source: authors’ own calculations and compilation based on [
          <xref ref-type="bibr" rid="ref4">4</xref>
          ]
41778
39785
39415
34465
28728
24938
24768
23578
21398
19385
19115
19095
16310
16113
15873
14540
13420
12705
12150
10253
7938
29845
Ошибка! Источник ссылки не найден. indicates that highest average scores of gender
equality among EU Member-states in 2016-2020 belonged to Finland (0.834), Sweden (0.820), and
Ireland (0.797), while Cyprus (0.692), Malta (0.691), and Hungary (0.677) were the outsiders.
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
        </p>
        <p>X
Romania 0.708 0.711 0.724 0.700 0.711 -0.008 20
Italy 0.692 0.706 0.707 0.721 0.707 0.029 21
Slovakia 0.694 0.693 0.718 0.712 0.704 0.018 22</p>
      </sec>
      <sec id="sec-3-3">
        <title>Czech</title>
        <p>Republic 0.688 0.693 0.706 0.711 0.700 0.023 23
Greece 0.692 0.696 0.701 0.689 0.695 -0.003 24
Cyprus 0.684 0.684 0.692 0.707 0.692 0.023 25
Malta 0.682 0.686 0.693 0.703 0.691 0.021 26
Hungary 0.670 0.674 0.677 0.688 0.677 0.018 27
Average 0.736 0.738 0.745 0.753 0.743 0.017 X</p>
      </sec>
      <sec id="sec-3-4">
        <title>Source: authors’ own calculations and compilation based on [20-23]</title>
        <p>Moreover, the logical and legal method has enabled us to identify the effectiveness of international
law in ensuring gender equality. Finally, we used the system and structural method to substantiate
possible legal measures aimed at enhancing the level of economic security of Ukraine.</p>
      </sec>
    </sec>
    <sec id="sec-4">
      <title>Results</title>
      <p>Ошибка! Источник ссылки не найден. is the reshaped matrix due to the necessity to overcome
the problem of the same ranks contained in Ошибка! Источник ссылки не найден..
 = 1 − 6
Where:
90.25</p>
      <p>4
196
49
121
25
9
2.25
36
25
16
25
16
1
100
210.25
121
324
196
64
49
9
36
4
36
30.25</p>
      <p>4</p>
      <p>Sum: 1799
= 378
(1)
(2)
(3)
(4)</p>
      <p>As Tcritical &lt;  , we reject the null hypothesis. Therefore, the rank correlation coefficient of GDP
per capita at current market prices and gender gap levels of EU member-states is statistically
significant and the rank correlation between the scores for two tests is significant.</p>
      <p>The idea of the possibility of gender equality considering physiological features of males and
females raises many questions to which there are not always unambiguous answers. Recently, there
have been debates as to whether equal rights result in equal opportunities. After all, the very idea of
gender equality is about the result. Will a woman and a man be able to achieve equal results as a
result of the same actions and circumstances? Despite the fact that women, along with men, have the
right to education, work, the right to vote in elections, etc., most women face a “glass ceiling” when
it comes to top management in both public and private sectors. But why?</p>
      <p>Women between the ages of 20 and 45 are not an “attractive” workforce for employers, as there
is a high probability that such a woman will take a maternity leave. This stereotype creates fears in
women who postpone the birth of a child indefinitely, and as a result have complications during late
pregnancy, moreover, generally refuse to give birth, referring to the statistics of congenital
malformations of the child, due to the “old” age of the mother.</p>
      <p>Such situation negatively affects demographics and violates men’s right to parenthood! A woman
who sacrifices her career for the sake of having a child, and at the same time gives the highest
positions to men who do not have to leave social and working life due to childbirth and childcare.
Ultimately, trying to combine a career, motherhood, and a large array of “family responsibilities”
leads to mental disorders and shortens a female life expectancy.</p>
      <p>Legislative support for a gender approach in the labor sphere, which includes ensuring the
“absence” of women during pregnancy and care for children from the social and working environment
can be a separate incentive for women and as a result positively influence national economies. It is
economically responsible and efficient to equip children's rooms, ensure flexible hours for working
mothers, etc. Moreover, the EU member-states proved that certain incentives can motivate men to
take a childcare leave on a par with women. Thus, more than 80 countries ensure the right of a parent
to take a paid childcare leave. Therefore, the creation of gender-friendly jobs, the provision of quality
education, medical care and the creation of effective, gender-oriented social programs and full access
to information are the prerequisites of a stable national economic growth resulting in enhancing
economic security of the state.</p>
      <p>Moreover, ensuring economic security of the state requires the consideration of gender equality.
We support the idea of Tokar and Wasilewska [12] to amend the Order of the Ministry of Economic
Development and Trade of Ukraine “On Adopting the Methodical Recommendations on Evaluating
the Level of Economic Security of Ukraine” including gender aspect in the process of evaluating
economic security of the state.</p>
      <p>Ошибка! Источник ссылки не найден. contains recommendations for modifying the set of
indicators of economic security of the state.</p>
      <sec id="sec-4-1">
        <title>The ratio: female health life 1 expectancy over male value, percent</title>
      </sec>
      <sec id="sec-4-2">
        <title>The ratio of infant mortality of girls</title>
        <p>and boys (mortality of children under
2
one year) per one thousand live births,
percent</p>
      </sec>
      <sec id="sec-4-3">
        <title>The ratio of the rate of natural</title>
      </sec>
      <sec id="sec-4-4">
        <title>3 increase per one thousand people of</title>
        <p>the existing population, percent</p>
      </sec>
      <sec id="sec-4-5">
        <title>The ratio of women and men of elderly 4 age, percent</title>
      </sec>
      <sec id="sec-4-6">
        <title>The ratio of difference between labor</title>
        <p>productivity indices and real average
5
monthly wages of women and men,
percent</p>
      </sec>
      <sec id="sec-4-7">
        <title>The ratio of unemployment rates of 6 women and men, percent</title>
        <p>7 The ratio of long term unemployment
(over 12 months) of women and men</p>
      </sec>
      <sec id="sec-4-8">
        <title>The ratio of wages to social benefits</title>
      </sec>
      <sec id="sec-4-9">
        <title>8 and other current transfers of women and men, percent</title>
      </sec>
      <sec id="sec-4-10">
        <title>The ratio of employment of women</title>
        <p>and men in the informal sector of</p>
      </sec>
      <sec id="sec-4-11">
        <title>9 economy, percentage to the total number of women and men, respectively, percent</title>
      </sec>
      <sec id="sec-4-12">
        <title>The ratio of women and men with</title>
        <p>average total earnings per capita per
10
month below 75 percent of median
total income level, percent</p>
      </sec>
      <sec id="sec-4-13">
        <title>The ratio of HIV-infected women and</title>
        <p>11 men diagnosed for the first time per
100,000 population, percent</p>
      </sec>
      <sec id="sec-4-14">
        <title>The ratio of women and men with</title>
        <p>active tuberculosis diagnosed for the
12
first time per 100,000 population,
percent</p>
      </sec>
      <sec id="sec-4-15">
        <title>Employment ratio of women and men</title>
        <p>aged 15-70 years, percentage of
13
population of the relevant age group,
percent
Source: [12, p. 124]</p>
      </sec>
      <sec id="sec-4-16">
        <title>Demographic Security</title>
      </sec>
      <sec id="sec-4-17">
        <title>Macroeconomic Security</title>
      </sec>
      <sec id="sec-4-18">
        <title>Social Security</title>
        <p>We suggest that this Order should be modified considering the current pandemic, and new
indicators, such as the ratio of females and males infected by the Covid-19 in total and different age
groups should be added to it.</p>
        <p>We agree with Tokar and Wasilewska [12], that gender security indicators, as component of the
set of indicators for assessing the level of economic security of the state, should include findings of
the World Economic Forum (Ошибка! Источник ссылки не найден.).</p>
        <p>The mixture of supranational and national legislation on gender security, as well as international
and national mechanisms for implementing measures aiming at female empowerment are the only
solution for improving the status quo.</p>
        <p>Our calculations have shown that the rank correlation coefficient of GDP per capita and gender
gap in EU member-states is statistically significant. Therefore, there is a direct and weak connection
between gender gap levels and GDP per capita at current market prices of EU member-states. Thus,
ensuring gender equality stimulates economic growth and results in enhancing economic security of
the state.</p>
        <p>In spite of logical incentives for female empowerment and numerous efforts of the global
community to create the international legal framework to ensure equal rights and opportunities for
women and men, the latter ones continue to hold key positions in the management of large
corporations and public authorities, control the technological and defense sectors. With rare
exceptions, males are heads of national law enforcement agencies, armies, and the judiciary. Males
hold key positions in international agencies and organizations.</p>
        <p>The efficiency of ensuring gender equality depends on effective combination of national and
international legal and institutional measures. Legal amendments include modification of regulations
on economic security of the state by ensuring the consideration of gender while assessing the level
of economic security and enhancing it, including the expansion of the set of indicators of economic
security of the state. The prospects of further research include elaborating applied legal and
administrative measures at local, national and supranational level aimed at eradicating gender
stereotypes and inequality.
[12] V. Tokar, N. Wasilewska, Conceptualisation of the Gender Component of a Country’s Economic</p>
        <p>Security, International Economic Policy 1 (2019) 113–131. doi:10.33111/iep.2019.30.05.
[13] United Nations, Department of Economic and Social Affairs, The 17 Goals. Sustainable
Development. URL: https://sdgs.un.org/goals.
[14] United Nations, UN Women, Beijing Declaration and Platform for Action. Beijing+5 Political
Declaration and Outcome (1995, 2014). URL:
https://www.ohchr.org/documents/professionalinterest/cedaw.pdf.
[15] O. Y. Vinska, V. V. Tokar, European Values in Corporate Social Responsibility in Banking
Business: Ukrainian Dimension of Gender Equality, Bulletin of the Academy of Labour, Social
Relations and Tourism 3 (2018) 27–35.
[16] O. Y. Vinska, V. V. Tokar, Gender Equality and Socioeconomic Development of the European</p>
        <p>Union Member-states, Eastern Europe: Economy, Business and Management 2 (2016) 32–36.
[17] O. Y. Vinska, V. V. Tokar, The Impact of Female Political Empowerment on Economic Gender
Equity in the Black Sea Region Countries, Scientific notes of the University “KROK” 2 (54) (2019)
176–183. doi:10.31732/2663-2209-2019-53-176-183.
[18] O. Y. Vinska, V. V. Tokar, Interdependence of Gender Equality and Innovation Competitiveness
of the EU Countries, Global and National Economic Problems 12 (2016) 18–22.
[19] O. Y. Vinska, V. V. Tokar, Political Emancipation of Women as a Factor of Economic
Development of the EU Countries, Scientific Bulletin of Kherson State University 18 (1) (2016) 17–21.
[20] World Economic Forum, Global Gender Gap Report 2017. URL:
http://www3.weforum.org/docs/WEF_GGGR_2017.pdf.
[21] World Economic Forum, Global Gender Gap Report 2018. URL:
http://www3.weforum.org/docs/WEF_GGGR_2018.pdf.
[22] World Economic Forum, Global Gender Gap Report 2020. URL:
http://www3.weforum.org/docs/WEF_GGGR_2020.pdf.
[23] World Economic Forum, Global Gender Gap Report 2021. URL:
https://www.weforum.org/reports/global-gender-gap-report-2021.</p>
      </sec>
    </sec>
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