Role of Working Women in Economic Development of Pakistan

Education plays a key role in human capital formation. The targets of growth and development are attained through educated labor force. The main purpose of this study is to explore the role of working women in economic development of Pakistan. Data is collected from economic survey of Pakistan, Ministry of Finance, SBP and World Bank for the period from 1997 to 2016. Three variables such as female literacy rate, female labour force participation as independent and economic development of Pakistan as dependent variable are included in the study. To analyze the data Multiple regression method was used. The results show that null hypothesis is rejected and alternate hypothesis is accepted, showing that working women does not have significant effect on the economic development of Pakistan. The reason of insignificant result is that the ratio of women participation in labour force is very low.