Friday, 17 May 2019

Gender discrimination


Gender discrimination has been a serious social issue for centuries. Nowadays, many governments have made laws to correct gender discrimination and other discriminations (such as race discrimination); however, the effectiveness of these anti-discrimination is limited in many cases that though we are no longer experiencing de jure gender discrimination, de facto gender discrimination still exists. In the UK, female workers are generally paid lower than their male colleagues. The gender discrimination is partially caused by some prejudgment about "female" characteristics. Many people think that females are more emotional but less rational than males, and such prejudgment affects females' performances exogenously and endogenously.
There are more and more female executives and politicians which are assumed to the "leading" class of the society. It does not mean that they are not affected. In the financial sector, females are more likely to be positioned in marketing and client relation while the number of females in actual managing assets and making investment decisions is significantly small. In addition, there are some funds which are managed by females, though they outperform many man-led funds, they do not attract as many investors as man-led funds, and they often experience difficulties of finding investors, such case is largely because the existing prejudgment of the society make males more trusted with managing investment.
Overall, in many societies, it is hard to see de jure gender discrimination, but solving de facto gender discrimination still has a long way to go.

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