Summary of Women’s Economic Opportunity 2012

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Women’s Economic Opportunity 2012 summary
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8

Qualities

  • Analytical
  • Overview

Recommendation

The search for the next big idea in economic growth often overlooks women. Even in countries renowned for economic success, such as Germany, politics often focus more on women’s traditional role in the family than on maximizing their freedom and productivity so they can develop their economic potential. While the Economist Intelligence Unit’s biannual Women’s Economic Opportunity Index may be thin on details from the 128 nations surveyed, getAbstract recommends its clear, smart analysis of global policies and practices related to women in the workforce and the economic trends affecting them.

About the Author

The Economist Intelligence Unit is an independent research and analytics organization that offers forecasting and advisory services.

 

Summary

In the developed world, women’s entry into the workforce during the 20th century helped drive economic growth. It represented a quarter of Europe’s gross domestic product growth since 1995. In the United States, a growing workforce (due to the baby boom and the inclusion of women in the labor force) led to an average annual GDP increase of 1.7% between 1948 and 2001. Nearly 50% of all women in the developing world are not active in the formal economy. The untapped potential of 1.5 billion women worldwide is a major source of future growth. Thus, developing nations should...


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