The Purple Economy and the socioeconomic development of vulnerable groups in Ecuador

Abstract

This study examines the impact of the violet economy on the socio-economic development of vulnerable groups in Ecuador. Using a mixed-methods approach, the research employs an econometric model to assess the relationship between key variables such as the Gender Gap Index (GGI), the Economically Inactive Female Population (EIFP), and the Human Development Index (HDI). The findings reveal a significant influence of the violet economy on human development, underscoring the importance of inclusive policies. While progress has been made, the minimal impact of female unemployment highlights the need for further investigation. The study concludes that policies to reduce the gender gap in access to resources and economic opportunities can promote sustainable development and greater equity in Ecuador.