World Economic Forum: “Gender equality isn’t just moral – it’s also good economics”
On June 14, 2019, Jörg Baten, Professor of Economic History at the University of Tuebingen and Alexandra de Pleijt, Postdoctoral Research Fellow in Economic History at the University of Oxford published an article on the World Economic Forum: “Gender equality isn’t just moral – it’s also good economics.”
They explain: “The empirical results suggest that economies with more female autonomy became (or remained) superstars in economic development. Institutions that excluded women from developing human capital, such as early marriage, prevented many economies from being successful in human history.”
In other words: Gender equity is often linked to rapid economic growth. For example, Botswana had the highest GDP growth rates in recent decades after reaching its highest rates of women’s equity.
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