Discrimination | India | The Economy | Video

Homophobia Costs India $31 Billion Annually: VIDEO

Lee Badgett

Homophobia costs India $31 billion annually. Thus is the finding of the World Bank after a preliminary study that attempted to measure the economic cost of excluding sexual minorities.

IndiaIn short, acts of homophobic social exclusion - violence, job loss, discrimination, etc. - lead to individual-level shortcomings in education and earnings, which then translate into economy-level impacts such as higher healthcare and social program costs, and lower economic output.

Depending on which estimate one goes with on the homosexual population of India - a task made difficult by underreporting combined with Indian ideas of sexuality that don't necessarily line up neatly with the Western LGBT quartet - the economic cost of homophobia is between $1.9 billion and $30.8 billion annually, or .01% to 1.7% loss to the GDP. A GDP reduction of that amount would be considered a recession, according to the study's author, University of Massachusetts economist Lee Badgett.

The findings aren't conclusive and the study acknowledges that more research needs to be done. Areas of particular attention going forward will be investing in data on LGBT exclusion, a focus on poverty, research infrastructure, and replicating the study in other countries.

You can see a video of the presentation, which clocks in at a hefty 2 hours, AFTER THE JUMP...

video platformvideo managementvideo solutionsvideo player

Feed This post's comment feed

Comments

  1. OK, let's see... the figure is actually between 1 and 30 billion. And the study is not conclusive. And they're not even sure if they actually had a correct count of how many LGBT people India has.

    I wish I could produce such incredibly vague and far-reaching studies for the World Bank and get paid for it.

    I get that India is homophobic and loses money because of it, but this seems like yet more "truthiness" stuff that can easily be disproved because the research is flimsy in the extreme.

    Posted by: Johnny | Mar 18, 2014 8:55:21 AM


  2. If you every use a call center and it is based in India, then contact the company that is utsourcing its call center to India and tell them that you do not wish to do business with India.

    India is also the rape capital of the world. Gang rape of women is at epidemic levels.

    Vile country.

    Posted by: MaryM | Mar 18, 2014 9:13:02 AM


  3. I want to be paid to do a study demonstrating that 97.256% of the time, Band-Aids stick to human skin.

    I'm with @JOHNNY on this. While what data there is doesn't appear to be deliberately skewed one way or another, this "study" is so vague it ranks right up there on the validity scale with Mark Regnerus' "study", making this not even very newsworthy.

    Posted by: rroberts | Mar 18, 2014 11:13:23 AM


  4. The story's title is misleading, the the conference and study it's based on are totally absurd and wouldn't stand up to even the slightest scrutiny/review.

    Posted by: Paul R | Mar 18, 2014 1:31:33 PM


  5. @MARYM In addition to being a piece of sh!t, you're also a dumb b!tch!

    Posted by: Rick | Mar 18, 2014 3:42:31 PM


Post a comment







Trending


« «Scientists Get First Historic ‘Glimpse’ Of The Big Bang« «