Economy May Grow 20% With More Female Staff, World Bank Says

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

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Economy May Grow 20% With More Female Staff, World Bank Says

//business-finance.news-articles.net/content/202 .. w-20-with-more-female-staff-world-bank-says.html

Published in Business and Finance on Wednesday, January 15th 2025 at 12:20 GMT by MSN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Cherie Blair, the human rights lawyer and wife of former UK Prime Minister Tony Blair, will issue a rallying cry for women to have a louder voice in politics after female representation barely advanced in last year's international elections and as female public figures globally faced increased threats of violence.

2025-01-15 195 x 130 / 4902 Bytes

The World Bank has indicated that increasing female employment could significantly boost global economic growth. According to their analysis, if the female labor force participation rate matched that of men, the global economy could see an increase of up to 20%. This insight comes from a report highlighting the economic benefits of gender equality in the workforce. The report suggests that countries with higher female participation rates tend to have stronger economic performance. It also points out that barriers such as lack of childcare, discriminatory laws, and cultural norms are major impediments to women's full economic participation. By addressing these issues, not only could economies grow, but there would also be improvements in productivity, income equality, and overall societal well-being.

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