Finally, even in the developed nations, the income disparity is still an existing problem. Statistics collected by Australia’s GradStats in the year 2012 highlights an income discrepancy where women in general were paid on an average around five thousand dollars less than their male counterparts (Temple, 2014). This difference is more significant in the case of the industry. A gradation of income discrepancy could be observed across different occupations. In the agricultural science industry, the income discrepancy was around five hundred dollars between men and women in the same position in the industry. In the case of dentistry, the income discrepancy was higher at the rate of 14,400 dollars for similar position and qualifications (Temple, 2014). In the case of education, humanities, and medicine, there were established income discrepancies at thirteen percent with the average value of the male going higher based on position or level occupied within their respective companies. It is hence observed that in even developed nations where women have better access to technology and jobs, there could still be stronger income disparities that create gendered market issues. Human development is hindered either by not accounting for women’s work or even when accounting, a discriminative stance in income is created. Until this is handled, the gendered market would dismiss any benefits that globalization could create in the free world.
The challenge for governments is towards creating such inclusion by means of newer modalities. A transformation of the gendered market is advocated for as an expansion of human capabilities.
Gendered markets in the globalized world pose both pros and cons in improving the state of women. Women and their role in the labour market is largely unaccounted for. Traditional practices are seen to serve as a hindrance in including women and their household services as labour rates. Gendered markets have to be transformed in order to account for the work of women. It has to be transformed with the help of political, social and economic powers. Only in such a transformation can inclusion occur. The lessening of disparities and better equalities will help gendered markets become a neutral one.