Women Entrepreneurship in 3rd world countries
“Entrepreneurs” in 3rd world countries e.g. Bangladesh, Pakistan etc. is mostly referred to males. Women entrepreneurship is highly discouraged in such countries and there are not many facilities to help this sector grow.
According to a research it is said that there are particular industries e.g. sewing; women have more skills to manage it as compared to men. There is a huge market of hand made cultural carpets and silk shawls all over the world but this industry is not expanding because of lack of encouragement for women. Women have artistic minds and designing skills but lack of facilities and negative mind-set are the hurdles in such countries.
Government and other institutions should create awareness regarding women entrepreneurship and other concerned departments should give extra facilities to the upcoming women who are taking steps in order to increase women entrepreneurship. Women ratio is very high in such countries; encouragement can give a boost to the countries GDP. It will also lower the dependency ratio thus easing the burden on the government.