Publication: Exploring the Potential of Gender Parity to Promote Economic Growth
Date
2020-10-27
ISSN
Published
2020-10-27
Author(s)
Devadas, Sharmila
Kim, Young Eun
Abstract
Narrowing the gender gap is critical to
sustainable and inclusive growth. This brief discusses how
moving toward gender equality can improve female labor force
participation, human capital, and total factor productivity,
leading to higher economic growth. The analysis simulates
the cross-country impact of increasing female labor force
participation and education on GDP growth for the next three
decades. In practice, achieving substantial gains in gender
equality across generations will require sustained efforts
to reset gender norms, starting with the young, and to
increase women's economic participation and voice in
society in areas of influence.
Citation
“Devadas, Sharmila; Kim, Young Eun. 2020. Exploring the Potential of Gender Parity to Promote Economic Growth. Research and Policy Brief;No. 39. © World Bank, Washington, DC. http://hdl.handle.net/10986/34698 License: CC BY 3.0 IGO.”