IDEAS home Printed from https://ideas.repec.org/p/ess/wpaper/id7570.html
   My bibliography  Save this paper

The Power of Parity: How Advancing Women's Equality can Add $12 trillion to Global Growth

Author

Listed:
  • Jonathan Woetzel

Abstract

In this report, MGI explores the economic potential available if the global gender gap were to be closed. The research finds that, in a full-potential scenario in which women play an identical role in labor markets to men’s, as much as $28 trillion, or 26 percent, could be added to global annual GDP in 2025. This estimate is double that of other studies’ estimations, reflecting the fact that MGI has taken a more comprehensive view of gender inequality in work.

Suggested Citation

  • Jonathan Woetzel, 2015. "The Power of Parity: How Advancing Women's Equality can Add $12 trillion to Global Growth," Working Papers id:7570, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:7570
    Note: Institutional Papers
    as

    Download full text from publisher

    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=A201593092347_20.pdf&fcategory=Articles&AId=7570&fref=repec
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Selamah Abdullah Yusof & Jarita Duasa, 2010. "Household Decision-Making and Expenditure Patterns of Married Men and Women in Malaysia," Journal of Family and Economic Issues, Springer, vol. 31(3), pages 371-381, September.
    2. repec:iza:izawol:journl:y:2014:p:87 is not listed on IDEAS
    3. Sher Verick, 2014. "Female labor force participation in developing countries," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-87, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:hal:spmain:info:hdl:2441/14c56gh1hq9d1qglmadaub8jc9 is not listed on IDEAS
    2. Annabel Dulhunty, 2022. "The microcredit continuum: From ‘smart economics’ to holistic programming," Journal of International Development, John Wiley & Sons, Ltd., vol. 34(6), pages 1213-1226, August.
    3. Rajesh Gupta & Vaibhav Bhamoriya, 2021. "‘Give Me Some Rail’: An Enquiry into Puzzle of Declining Female Labour Force Participation Rate," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 46(1), pages 7-23, February.
    4. Amjad Naveed & Nisar Ahmad & Amber Naz & Aziza Zhuparova, 2023. "Economic development through women’s economic rights: a panel data analysis," International Economics and Economic Policy, Springer, vol. 20(2), pages 257-278, May.
    5. Isabel Fernandez-Mateo & Sarah Kaplan, 2018. "Gender and Organization Science: Introduction to a Virtual Special Issue," Organization Science, INFORMS, vol. 29(6), pages 1229-1236, December.
    6. repec:spo:wpmain:info:hdl:2441/14c56gh1hq9d1qglmadaub8jc9 is not listed on IDEAS
    7. Hélène Périvier & Réjane Sénac, 2018. "The new spirit of neoliberalism: equality and economic prosperity," Post-Print hal-02403971, HAL.
    8. Eunjung Koo, 2021. "A Pluralistic insight on care value: Exuding from sharing gift of unpaid work at home," Gender, Work and Organization, Wiley Blackwell, vol. 28(4), pages 1413-1425, July.
    9. Brindusa Anghel & J. Ignacio Conde-Ruiz & Ignacio Marra de Artíñano, 2019. "Brechas Salariales de Género en España," Hacienda Pública Española / Review of Public Economics, IEF, vol. 229(2), pages 87-119, June.
    10. Julia Behrman & Sara Duvisac, 2017. "The relationship between women's paid employment and women's stated son preference in India," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 36(52), pages 1601-1636.
    11. Hélène Périvier & Réjane Sénac, 2018. "The new spirit of neoliberalism: equality and economic prosperity," SciencePo Working papers Main hal-02403971, HAL.
    12. Marina Kovaleva & Walter Leal Filho & Christian Borgemeister & Jokastah Wanzuu Kalungu, 2022. "Understanding Needs and Potentials for Gender-Balanced Empowerment and Leadership in Climate Change Adaptation and Mitigation in Africa," Sustainability, MDPI, vol. 14(15), pages 1-27, August.
    13. Fletcher-Brown, Judith & Pereira, Vijay & Nyadzayo, Munyaradzi W., 2018. "Health marketing in an emerging market: The critical role of signaling theory in breast cancer awareness," Journal of Business Research, Elsevier, vol. 86(C), pages 416-434.
    14. Isabela Blasi Valduga & Mauricio Andrade De Lima & Brenda Caroline Geraldo Castro & Paulo Guilherme Fuchs & Wellyngton Silva de Amorim & José Baltazar Salgueirinho Osório de Andrade Guerra, 2023. "A Balanced Scorecard Proposal for Gender Equality and Sustainable Development," Sustainability, MDPI, vol. 15(19), pages 1-26, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sevias Guvuriro & Frederik Booysen, 2021. "Family‐type public goods and intra‐household decision‐making by co‐resident South African couples," Review of Development Economics, Wiley Blackwell, vol. 25(3), pages 1629-1647, August.
    2. Astrid Sneyers & Anneleen Vandeplas, 2013. "Girl Power in Agricultural Production: How Much Does it Yield? A Case-Study on the Dairy Sector in India," Working Papers id:5562, eSocialSciences.
    3. Rita K. Almeida & Mariana Viollaz, 2023. "Women in paid employment: a role for public policies and social norms in Guatemala," Oxford Development Studies, Taylor & Francis Journals, vol. 51(3), pages 252-279, July.
    4. Bussolo,Maurizio & Ezebuihe,Jessy Amarachi & Munoz Boudet,Ana Maria & Poupakis,Stavros & Rahman,Tasmia & Sarma,Nayantara, 2022. "Social Norms and Gender Equality : A Descriptive Analysis for South Asia," Policy Research Working Paper Series 10142, The World Bank.
    5. Tüzemen Samet & Barış-Tüzemen Özge & Çelik Ali Kemal, 2021. "The relationship between information and communication technologies and female labour force participation in Turkey," Economics and Business Review, Sciendo, vol. 7(4), pages 121-145, December.
    6. Hafsa Qaiser & Hafeez ur Rehman & Noman Arshed, 2023. "Role of institutional quality on women's empowerment—A case of highly gender unequal Asian countries," Poverty & Public Policy, John Wiley & Sons, vol. 15(1), pages 48-75, March.
    7. Vo, Thang T. & Truong, Thiet-Ha, 2023. "Gender division of household workforce in Vietnam: Role of international trade and fertility," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1696-1718.
    8. Raymond B. Frempong & David Stadelmann, 2017. "Does Female Education have a Bargaining Effect on Household Welfare? Evidence from Ghana and Uganda," CREMA Working Paper Series 2017-08, Center for Research in Economics, Management and the Arts (CREMA).
    9. Mary Grace F. Encila & Dennis V. Madrigal, 2021. "Balancing Work-Family Roles: The Experiences of Solo Parent School Administrators," Technium Social Sciences Journal, Technium Science, vol. 20(1), pages 100-107, June.
    10. Sneyers, Astrid & Vandeplas, Anneleen, 2015. "A Gender Gap in Agricultural Productivity? Evidence from the Dairy Sector in India," 2015 Conference, August 9-14, 2015, Milan, Italy 212062, International Association of Agricultural Economists.
    11. Deshpande, Ashwini & Kabeer, Naila, 2024. "Norms that matter: Exploring the distribution of women’s work between income generation, expenditure-saving and unpaid domestic responsibilities in India," World Development, Elsevier, vol. 174(C).
    12. John Paul Apire & Dickson Turyareeba & Moni Anthony Olyanga & Vincent Patsy Katutsi & Benjamin Musiita & Anthony Wamala, 2023. "Female Labor Force Participation and Uganda’s Economic Growth," Journal of Economics and Behavioral Studies, AMH International, vol. 15(4), pages 55-68.
    13. Finlay, Jocelyn E., 2021. "Women’s reproductive health and economic activity: A narrative review," World Development, Elsevier, vol. 139(C).
    14. Mahesh Karra & David Canning & Joshua Wilde, 2015. "A Simulation Model of the Effect of Fertility Reduction on Economic Growth in Africa," Working Papers 0315, University of South Florida, Department of Economics.
    15. Nthabeleng Lillian Moshoeshoe & Baorong Yu, 2021. "Economic Growth and Participation of Women in Labor Markets: The Case of Southern Africa," International Journal of Science and Business, IJSAB International, vol. 5(1), pages 30-41.
    16. Christina Ergas & Patrick Trent Greiner & Julius Alexander McGee & Matthew Thomas Clement, 2021. "Does Gender Climate Influence Climate Change? The Multidimensionality of Gender Equality and Its Countervailing Effects on the Carbon Intensity of Well-Being," Sustainability, MDPI, vol. 13(7), pages 1-23, April.
    17. Di Laura, Giovanna F. & Avolio, Beatrice E., 2017. "The progress and evolution of women’s participation in production and business activities in South America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), August.
    18. Indrajit Bairagya & Tulika Bhattacharya & Pragati Tiwari, 2021. "Does Vocational Training Promote Female Labour Force Participation? An Analysis for India," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 15(1), pages 149-173, February.
    19. Liu, Huacong & Fernandez, Frank & Dutz, Gregor, 2022. "Educational attainment, use of numeracy at work, and gender wage gaps: Evidence from 12 middle-income countries," International Journal of Educational Development, Elsevier, vol. 92(C).
    20. Mustafizur Rahman & Marzuka Md. Al-Hasan, 2019. "Women in Bangladesh Labour Market: Determinants of Participation, Gender Wage Gap and Returns to Schooling," CPD Working Paper 124, Centre for Policy Dialogue (CPD).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:7570. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Padma Prakash (email available below). General contact details of provider: http://www.esocialsciences.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.