Sunday, September 28, 2014

Lagarde Calls for Reforms to Unleash Economic Power of Women


Pro-female policies can encourage greater labor participation of women
Middle East, N Africa, S Asia ripe to benefit from high female workforce
Increasing role of Japanese women could raise income per capita by 4 percent


The global economy could be greatly boosted by unleashing the economic power of women, who remain the world’s largest excluded group, the head of the IMF told a high level gathering in Japan.
“Excluding women simply makes no economic sense—and including them can be a tremendous boon to the 21st century global economy,” the IMF Managing Director Christine Lagarde said in a keynote speech at the “World Assembly for Women” in Tokyo.

She identified three main ways to unleash the economic power and potential of women: change economic policies, change laws and institutions, and change attitudes and culture.

See full Press Release: http://www.imf.org/external/pubs/ft/survey/so/2014/car091514b.htm