Since 2004, May 17 has been the International Day against Homophobia and Transphobia – a day of remembrance about how discrimination affects sexual minorities worldwide.
Some of homophobia’s consequences are well-known: lack of access to education and health care, violence, unemployment, illiteracy, displacement to urban areas, lack of legal rights, loss of community-based safety nets, brain drain, lack of economic opportunities, lack of access to land, exclusion from informal networks, mental health problems and substance abuse, suicide, imprisonment, lack of cultural representation, and, of course, HIV/AIDS.
However, the amplitude of LGBT economic marginalization and the costs of homophobia are unknown. Those who suffer homophobia in the West are not always economically disadvantaged (think Elton John or most gay middle-class American men). Nevertheless, LGBT people worldwide, as I have experienced on my current trip to Nepal and India, are also very often poor, sometimes profoundly.