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Economy May Grow 20% With Female Participation, World Bank Says

The article from MSN, citing a World Bank report, discusses the potential economic growth if gender equality in labor force participation were achieved. According to the World Bank, if women participated in the labor market at the same rate as men, the global economy could grow by an additional 20%. This estimate is based on the premise that increasing female labor force participation would not only boost productivity but also enhance economic output significantly. The report highlights that in regions where women's participation is low, the potential for economic growth is particularly high. It also points out the barriers to women's economic participation, including legal restrictions, social norms, and lack of access to education and finance, suggesting that policy reforms and societal changes are crucial to unlocking this economic potential.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/economy/economy-may-grow-20-with-female-participation-world-bank-says/ar-AA1xdZoj ]