Increased Gender Equality Leads To Higher GDP

women

The World Economic Forum has released a new report on gender equality. What’s most interesting is the finding that increased gender equality leads to higher GDP:

According to a newly-released report from the World Economic Forum[pdf], Iceland is the #1 country in the world for gender equality, for the fifth year in a row. And that equality is helping propel Iceland and its fellow Nordic nations to new economic heights. Turns out, the smaller the gender gap, the more economically competitive the nation. Even when that nation is totally freezing.

The notion that gender equality drives development (rather than the other way round) has been so widely celebrated in recent years that it begins to seem trite. But as the newly released 2013 Global Gender Gap Index — which measures gender parity in 136 countries — reminds us, gender equity isn’t simply a matter of equal rights. It’s a matter of efficiency. Many countries have closed the gender gap in education, for example, but gender-based barriers to employment minimize their returns on that investment; Their highly educated women aren’t working. The highest ranking countries in the index have figured out how to maximize returns on their investment in women, and are consequently more economically competitive, have higher incomes, and higher rates of development.

The report notes a strong correlation between Global Gender Gap Index rankings (which measure health, education, labor political and participation) and measures of global competitiveness, as the graph below illustrates. The smaller the gender gap, the better off the economy. Perhaps it’s no surprise that less-developed nations lke Yemen and Pakistan are near the bottom of the Index. What’s more surprising is that relatively economic powerhouses like Turkey and Japan are right there in the basement with them.

Take the Philippines. It ranks #5 on the Global Gender Gap Index, higher than any other Asian nation. It’s the only country in Asia that has fully closed the education gender gap, and its labor force boasts growing ranks of women workers, especially professionals and managers. Not surprisingly, the Philippines is now the fastest growing economy in Asia, having recently edged out China (#69 on the index). There are many reasons for this, including macroeconomic policy reforms under Aquino, but the role of a large, educated and diverse work force shouldn’t be discounted; Indeed, gender parity in Filipino education and labor preceded recent economic growth.

Though not exactly analogous, something similar is playing out in the corporate world. A 2012 report by Credit Suisse found that companies with at least one woman on the board outperformed those without by about 26 percent. A 2012 report by McKinsey & Company similarly found that companies with more diverse boards boasted higher profit and higher returns on equity than others. It could be that better performing companies are in a better position to give women a chance, but the researchers at Credit Suisse suggest that simply diversifying the leadership pool can generate surprisingly positive results.

So, what are the highest ranking countries doing right, exactly?

One major factor, which the report notes every year, is that high ranking countries “have made it possible for parents to combine work and family, resulting in high female employment, more shared participation in childcare, more equitable distribution of labor at home [and] better work-life balance for both women and men.”

Meanwhile, in the United States, the notion that women could conceivably someday successfully combine work and family is still constantly under debate. Incidentally, the U.S. dropped one place in the rankings to #23 — below Burundi, Cuba and, god forbid, Canada.

This report reflects copious other research that finds that when women are included in groups at work, those groups perform better and make more money.

That the industry I work in (Hollywood) persists in keeping women out of the plum jobs of screenwriter, director, showrunner — whether through conscious or unconscious bias or a deeply systemic, old-fashioned boys’ club — whatever it is, it’s resulting in making worse product and artificially limiting our profits.

135 thoughts on “Increased Gender Equality Leads To Higher GDP

  1. Thanks for the points you have contributed here. Something else I would like to say is that laptop or computer memory requirements generally increase along with other improvements in the technology. For instance, whenever new generations of processor chips are introduced to the market, there’s usually a related increase in the size and style demands of both laptop memory in addition to hard drive room. This is because the application operated by simply these processors will inevitably increase in power to benefit from the new technological innovation.

  2. Oh my goodness! Impressive article dude! Thank you, However I am having troubles
    with your RSS. I don’t know why I am unable to subscribe to it.

    Is there anyone else having identical RSS problems? Anyone that knows
    the answer can you kindly respond? Thanks!!

  3. I do not know if it’s just me or if perhaps everyone
    else encountering issues with your blog.
    It looks like some of the written text in your posts are running
    off the screen. Can somebody else please provide feedback
    and let me know if this is happening to them as well? This might be
    a issue with my internet browser because I’ve had this
    happen previously. Many thanks

  4. I’m gone to inform my little brother, that he should also visit this webpage on regular basis to obtain updated from hottest news update.

  5. Good post. I learn something new and challenging on websites I stumbleupon on a daily basis.
    It’s always useful to read through articles from other
    authors and practice a little something from other web sites.

  6. I just could not leave your site before suggesting that I
    really loved the standard info a person provide to your guests?
    Is gonna be back ceaselessly in order to check up on new posts

  7. Magnificent beat ! I wish to apprentice while you amend your site, how can i subscribe for a blog web site?
    The account aided me a acceptable deal. I had been a little bit acquainted of this your broadcast offered
    bright clear idea

  8. This is the perfect site for anybody who wishes
    to understand this topic. You realize so much its almost
    hard to argue with you (not that I personally will need
    to…HaHa). You definitely put a new spin on a topic that’s been discussed for
    a long time. Wonderful stuff, just great!

  9. Hello there, just became alert to your blog through Google, and found that it’s really
    informative. I am going to watch out for brussels.

    I will be grateful if you continue this in future.
    Lots of people will be benefited from your writing. Cheers!

  10. Its like you read my thoughts! You appear to know a lot
    about this, such as you wrote the ebook in it or something.
    I think that you could do with some p.c. to drive the message
    home a little bit, however other than that, this is great blog.

    A fantastic read. I will certainly be back.

  11. Good post. I learn something totally new and challenging on websites I stumbleupon every day.
    It’s always helpful to read through articles from
    other authors and use something from other sites.

  12. Normally I don’t learn article on blogs, however I would like to say that this write-up very forced me
    to check out and do it! Your writing style has been amazed me.

    Thank you, quite nice article.

  13. Thanks for the marvelous posting! I really enjoyed reading it, you
    may be a great author.I will be sure to bookmark your blog and will eventually come back someday.
    I want to encourage that you continue your great job,
    have a nice morning!

  14. Hi, I do believe this is an excellent site. I stumbledupon it 😉 I am going to revisit yet again since i have book marked it.

    Money and freedom is the greatest way to change, may you be rich and continue
    to help others.

  15. Simply want to say your article is as surprising.
    The clarity for your put up is just excellent and i could
    think you are a professional in this subject. Fine with your permission let me
    to clutch your feed to stay up to date with imminent post.
    Thanks a million and please keep up the enjoyable work.

  16. It is perfect time to make some plans for the future and it
    is time to be happy. I have read this post and if I could I want to suggest you some interesting things or suggestions.
    Maybe you can write next articles referring to this article.

    I wish to read more things about it!

  17. Its such as you learn my mind! You seem to understand a lot
    approximately this, such as you wrote the ebook in it
    or something. I think that you could do with a few % to pressure the
    message house a bit, but instead of that, this is excellent blog.
    An excellent read. I will definitely be back.

  18. You could definitely see your skills in the article you write.
    The arena hopes for even more passionate writers like
    you who are not afraid to mention how they believe.
    Always go after your heart.

  19. I’m really enjoying the design and layout of your site. It’s
    a very easy on the eyes which makes it much more enjoyable for me to come here and visit more often. Did you
    hire out a developer to create your theme? Superb work!

  20. Excellent blog you have here but I was curious about
    if you knew of any community forums that cover the same topics
    talked about here? I’d really like to be a part of
    group where I can get feedback from other knowledgeable individuals
    that share the same interest. If you have any suggestions, please let me know.

    Cheers!

  21. Thank you a bunch for sharing this with all people you actually understand what you’re speaking approximately!

    Bookmarked. Kindly also seek advice from my website =).
    We could have a hyperlink change contract among us

  22. Thanks for one’s marvelous posting! I certainly enjoyed reading it,
    you could be a great author.I will be sure to bookmark your blog and will often come back down the road.
    I want to encourage that you continue your great
    posts, have a nice holiday weekend!

  23. My coder is trying to convince me to move to .net from PHP.
    I have always disliked the idea because of the costs. But he’s tryiong none the less.
    I’ve been using WordPress on numerous websites for about a
    year and am nervous about switching to another platform.

    I have heard fantastic things about blogengine.net.
    Is there a way I can import all my wordpress posts
    into it? Any help would be really appreciated!

  24. Hi there exceptional website! Does running a blog similar to this take a lot of
    work? I have very little expertise in coding however I was hoping to start my own blog in the near future.
    Anyway, should you have any ideas or tips for new
    blog owners please share. I understand this is off subject
    but I simply wanted to ask. Thanks a lot!

  25. It’s perfect time to make some plans for the longer term and it’s
    time to be happy. I’ve learn this put up and if I may I
    want to recommend you few fascinating issues or
    suggestions. Maybe you could write subsequent
    articles regarding this article. I want to learn more issues approximately it!

  26. I was curious if you ever considered changing the layout of
    your website? Its very well written; I love what youve got to
    say. But maybe you could a little more in the way of content so people could connect
    with it better. Youve got an awful lot of text for only having 1 or 2 pictures.
    Maybe you could space it out better?

  27. Good day! I could have sworn I’ve visited your blog before but after going through some of the articles
    I realized it’s new to me. Anyways, I’m certainly happy
    I stumbled upon it and I’ll be bookmarking it
    and checking back frequently!

  28. Right here is the perfect website for anybody who hopes
    to find out about this topic. You realize a whole lot its almost tough to argue with you
    (not that I really would want to…HaHa). You definitely
    put a brand new spin on a topic that’s been discussed for years.
    Wonderful stuff, just wonderful!

  29. Oh my goodness! Amazing article dude! Thanks,
    However I am experiencing problems with your RSS. I don’t understand the reason why I can’t subscribe to it.
    Is there anybody else having similar RSS issues? Anyone who
    knows the answer can you kindly respond? Thanx!!

  30. Hello, Neat post. There is an issue together with your website in web explorer, could check this?

    IE nonetheless is the marketplace leader and a big section of folks will leave out your magnificent writing because of this problem.

  31. Its like you read my mind! You appear to know a lot about this, like
    you wrote the book in it or something. I think that you can do with some pics to drive the message home a bit, but other than that, this is fantastic blog.

    A fantastic read. I will certainly be back.

  32. Please let me know if you’re looking for a author
    for your site. You have some really good articles and
    I feel I would be a good asset. If you ever want to take some of the load off, I’d love to write some articles for your blog in exchange for a link back to mine.
    Please blast me an email if interested. Thank you!

  33. I needed to send you one tiny remark so as to say thanks a lot over again on the amazing suggestions you’ve provided in this case. It is quite remarkably generous of people like you to give unhampered what most people would’ve advertised for an electronic book to end up making some money for themselves, principally given that you could possibly have done it in the event you desired. These solutions also served to become a fantastic way to be sure that someone else have similar fervor like mine to know a good deal more pertaining to this issue. I am sure there are millions of more pleasant periods in the future for those who start reading your website.

  34. Thank you for all of the labor on this web site. My daughter loves getting into investigation and it’s simple to grasp why. Many of us hear all relating to the compelling medium you give good strategies on this website and cause participation from the others on the subject matter while our simple princess is in fact studying so much. Have fun with the rest of the new year. Your conducting a really good job.

  35. Usually I do not read post on blogs, but I would like to say that this write-up very forced me to try and do so! Your writing style has been surprised me. Thanks, quite nice article.

  36. I simply desired to say thanks again. I’m not certain what I could possibly have used in the absence of the entire tips and hints revealed by you about such situation. It was the challenging matter for me, nevertheless being able to view the professional avenue you managed the issue made me to leap for gladness. Now i’m grateful for your guidance and then hope that you find out what an amazing job you were doing teaching the rest through the use of a blog. Probably you’ve never got to know all of us.

  37. I am often to blogging and i really appreciate your content. The article has actually peaks my interest. I am going to bookmark your website and keep checking for new information.

  38. I am only writing to make you understand of the superb encounter our child undergone viewing your web page. She figured out a good number of things, most notably what it is like to possess a very effective helping mood to get other folks easily understand specific hard to do subject matter. You undoubtedly exceeded our own desires. Many thanks for churning out such interesting, trusted, educational and in addition fun tips on your topic to Jane.

  39. Wonderful blog you have here but I was wanting to know if you knew of any community forums that cover the same topics talked about here? I’d really love to be a part of online community where I can get opinions from other experienced individuals that share the same interest. If you have any recommendations, please let me know. Kudos!

  40. I enjoy you because of all your effort on this web page. Ellie delights in going through investigations and it is obvious why. We all know all about the compelling medium you provide useful tips and tricks on the web blog and as well invigorate response from people on this matter then our favorite daughter is without question learning a lot. Enjoy the rest of the year. You are always performing a glorious job.

  41. I wanted to post a simple word so as to say thanks to you for those fabulous tricks you are showing at this site. My prolonged internet research has at the end been recognized with sensible information to write about with my colleagues. I would claim that many of us visitors are undeniably endowed to live in a really good place with very many perfect people with good concepts. I feel quite fortunate to have discovered your entire web page and look forward to plenty of more thrilling minutes reading here. Thanks once more for all the details.

  42. A lot of thanks for all of your effort on this website. My mom loves doing internet research and it’s really easy to understand why. Most of us learn all concerning the compelling mode you give sensible techniques via the website and as well as inspire response from people on that idea so our simple princess is really discovering so much. Take pleasure in the remaining portion of the year. You have been performing a useful job.

  43. I must show my appreciation to the writer for bailing me out of this situation. Because of browsing throughout the online world and seeing strategies which are not helpful, I figured my entire life was over. Being alive minus the approaches to the difficulties you’ve sorted out through the report is a serious case, as well as ones which might have badly damaged my career if I had not discovered your site. Your skills and kindness in handling a lot of things was invaluable. I’m not sure what I would have done if I hadn’t encountered such a point like this. I can at this moment look forward to my future. Thanks a lot so much for this specialized and results-oriented guide. I won’t hesitate to refer the website to any individual who should get guidance on this subject.

  44. Needed to compose you that little bit of word so as to thank you so much yet again on the lovely thoughts you have provided on this page. This is so seriously generous with people like you in giving without restraint all a number of us would have offered for sale as an ebook to end up making some dough for their own end, specifically considering the fact that you could have tried it in case you wanted. The thoughts also served to become a great way to be certain that other people online have the identical keenness much like my personal own to learn a little more on the subject of this issue. I know there are some more pleasant times in the future for many who take a look at your blog post.

  45. My husband and i have been now glad that Michael could deal with his investigations via the precious recommendations he made through the web page. It is now and again perplexing to simply possibly be freely giving things that many a number of people might have been making money from. And we all take into account we need the website owner to give thanks to because of that. The illustrations you have made, the straightforward web site menu, the relationships you can aid to instill – it’s got most wonderful, and it’s really leading our son and our family understand this content is exciting, which is exceedingly essential. Thanks for all!

  46. Thanks a lot for providing individuals with remarkably breathtaking chance to read from this website. It’s usually very fantastic and stuffed with amusement for me personally and my office friends to visit your site minimum three times in one week to study the latest things you have. And lastly, I’m so at all times contented for the perfect creative concepts you serve. Selected two tips in this post are unequivocally the most effective we have had.

  47. I want to show my appreciation to you for bailing me out of this type of incident. As a result of browsing through the online world and obtaining strategies which are not powerful, I figured my life was done. Existing without the approaches to the problems you have sorted out as a result of this write-up is a serious case, and the kind that could have adversely damaged my entire career if I hadn’t come across the website. Your personal natural talent and kindness in handling all the details was crucial. I don’t know what I would’ve done if I had not come across such a step like this. It’s possible to now look forward to my future. Thanks a lot very much for this reliable and amazing guide. I will not be reluctant to recommend your web page to any person who will need care about this subject.

  48. My spouse and i have been very fulfilled Albert managed to conclude his research with the precious recommendations he got through the weblog. It’s not at all simplistic just to find yourself making a gift of hints which some other people could have been trying to sell. We keep in mind we now have the blog owner to thank because of that. The most important explanations you made, the easy web site navigation, the friendships your site make it easier to instill – it’s most sensational, and it’s helping our son in addition to the family understand this issue is entertaining, and that is rather indispensable. Thank you for all!

  49. I would like to convey my passion for your generosity in support of persons who have the need for help on in this matter. Your very own dedication to getting the message around had become exceptionally functional and has permitted somebody just like me to achieve their goals. Your own important instruction means much a person like me and extremely more to my office colleagues. Warm regards; from all of us.

  50. I in addition to my friends have already been taking note of the good solutions found on the blog and so suddenly I got a horrible feeling I had not expressed respect to the web site owner for those techniques. All of the young boys came as a consequence very interested to see them and have now unquestionably been making the most of them. Appreciate your genuinely well considerate and for considering this kind of impressive subjects millions of individuals are really needing to know about. Our own honest regret for not expressing gratitude to sooner.

  51. I would like to get across my love for your generosity giving support to persons who require help on this idea. Your personal commitment to passing the message throughout was remarkably insightful and has all the time allowed folks much like me to achieve their ambitions. Your personal warm and friendly report denotes a whole lot to me and extremely more to my office colleagues. Many thanks; from each one of us.

  52. I intended to draft you one bit of note to help thank you very much the moment again for these great advice you’ve documented in this article. This is wonderfully open-handed of you to offer extensively precisely what a lot of folks would’ve advertised for an e-book to get some dough for their own end, precisely seeing that you could have tried it if you ever wanted. These pointers also acted as the easy way to be certain that other people online have a similar fervor the same as mine to figure out a great deal more when considering this issue. I believe there are many more pleasant moments up front for folks who read through your site.

  53. I simply wanted to jot down a quick message in order to thank you for all of the fantastic tips and tricks you are writing at this site. My long internet research has at the end been paid with useful knowledge to talk about with my best friends. I would claim that many of us site visitors actually are definitely lucky to be in a good community with many lovely individuals with very helpful suggestions. I feel extremely lucky to have seen the web pages and look forward to many more awesome minutes reading here. Thanks a lot once again for everything.

  54. I wanted to create you the very little word in order to thank you very much again just for the pleasing ideas you’ve contributed on this site. It has been certainly incredibly open-handed with you to deliver publicly all most people would’ve offered as an e book in order to make some profit on their own, precisely seeing that you could possibly have done it in the event you desired. The techniques in addition acted to be the great way to be certain that someone else have the same eagerness similar to my very own to know many more in respect of this issue. I’m certain there are numerous more fun occasions ahead for many who view your site.

  55. There are some attention-grabbing closing dates in this article however I don抰 know if I see all of them middle to heart. There is some validity but I’ll take maintain opinion till I look into it further. Good article , thanks and we wish more! Added to FeedBurner as effectively

  56. I enjoy you because of all of your work on this web site. My mother really loves carrying out investigations and it’s easy to see why. Many of us know all concerning the lively means you provide functional information through your blog and even welcome participation from the others on this concept plus my princess has always been starting to learn a lot. Take advantage of the remaining portion of the year. You’re performing a pretty cool job.

  57. When I originally left a comment I appear to
    have clicked on the -Notify me when new comments are added- checkbox and from now on each time a comment is added I
    recieve four emails with the exact same comment. Perhaps there is a means you
    can remove me from that service? Appreciate it!

  58. I and my buddies were actually reviewing the great information and facts located on your site and all of a sudden I had a terrible suspicion I never expressed respect to the blog owner for those techniques. My people are already warmed to study them and have now certainly been taking pleasure in those things. Appreciate your turning out to be indeed helpful and for utilizing varieties of fine subjects most people are really eager to be informed on. My sincere regret for not expressing appreciation to earlier.

  59. I truly wanted to make a small comment in order to express gratitude to you for those precious guidelines you are giving on this site. My prolonged internet search has at the end been paid with professional tips to write about with my visitors. I ‘d tell you that we site visitors are very endowed to exist in a really good community with very many perfect individuals with very beneficial hints. I feel very happy to have seen your weblog and look forward to tons of more excellent minutes reading here. Thank you once more for a lot of things.

Leave a Reply

Your email address will not be published.