Exploring the Potential of Gender Parity to Promote Economic Growth
Narrowing the gender gap is critical to sustainable and inclusive growth. This brief discusses how moving toward gender equality can improve female labor force participation, human capital, and total factor productivity, leading to higher economic...
| Main Authors: | , |
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| Format: | Brief |
| Language: | English |
| Published: |
World Bank, Washington, DC
2020
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/715581603808797444/Exploring-the-Potential-of-Gender-Parity-to-Promote-Economic-Growth http://hdl.handle.net/10986/34698 |
| Summary: | Narrowing the gender gap is critical to
sustainable and inclusive growth. This brief discusses how
moving toward gender equality can improve female labor force
participation, human capital, and total factor productivity,
leading to higher economic growth. The analysis simulates
the cross-country impact of increasing female labor force
participation and education on GDP growth for the next three
decades. In practice, achieving substantial gains in gender
equality across generations will require sustained efforts
to reset gender norms, starting with the young, and to
increase women's economic participation and voice in
society in areas of influence. |
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