It is apparent that globalization has created both a sense of
promise and fear in the world community. This phenomenon has created
both opportunities and threats for developing countries. Developed nations
and developing, urban and rural areas, men and women, are affected
differently by globalization. The depth and complexity of the outcome of
globalization for women is more severe. As such, while globalization can
have a positive impact on women, such as increases in income, employment,
social capital, efficiency, choices, knowledge and information, and a decline
in the birth rate, it also has an equally negative impact on women, such as
growth of the employment in informal sector, low wages, reduced food
safety, increased migration, disintegration of traditional values, lack of job
security, and increases in consumerism. Globalization, because of social,
economic, political and cultural limitations of women, has impacted them
more severely, bringing greater challenges and threats as compared with the
opportunities.