GRACA MACHEL: Empower women and grow economies
'There is a growing body of evidence which demonstrates that when women do not reach their economic potential, the economies of their countries suffer'
Trialogue – “Business in Society Conference” – May 15, 2017 Keynote Speech by Graca Machel “The Role of Women in the Socio-Economic Transformation of Africa” As it stands, society at large is not benefiting from the full economic potential of women as women continue to be underrepresented in key industries and executive roles, they face barriers in entry to the formal economy, often suffer from discrimination, and experience challenges in balancing the demands of family and work life. Additionally, the wage gap between men and women is significant and knows no borders. Research indicates that in the same or similar occupations with near identical background and experience, women still earn approximately 10% less than their male counterparts. There is a growing body of evidence which demonstrates that when women do not reach their economic potential, the economies of their countries suffer. A recent McKinsey Global Institute report found that $12 trillion could be added to global GDP...
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