Sunday, October 21, 2012

Economist: Economic contribution of women - Sweden third lowest potential

From: Oct 20th 2012 | from the print edition

In the next decade nearly 1 billion women are likely to enter the global labour force. But their economic potential is largely unrealised. According to a report by Booz & Company, a consultancy, if female employment rates matched those of men, GDP would increase by 2% in Sweden, 5% in America and 9% in Japan by 2020. The impact would be even larger for developing countries, home to most of the world’s women who lack adequate education and support (social and political). Increasing female employment would increase GDP significantly in countries like India and Egypt, where female labour-participation rates are below 30%. These countries rank low in Booz’s index of women’s economic empowerment.

1 comment:

  1. I think this means that Sweden's women are already fully empowered?!