Global economic growth could get a $20 trillion boost if women are educated at the same levels as men and hold the same number of jobs, according to a new study.
Policy changes that result in more women entering the workforce, like those that bolster female access to secondary education, child care, and flexible work arrangements, have the potential to “light a fire” under global growth over the next three decades, according to an analysis published this week by Bloomberg economists Adriana Dupita, Abhishek Gupta and Tom Orlik. The report examines 36 developed and emerging economies.
