Sec. Clinton’s Op-Ed: “Women’s Work-More, Earn-Less Plan Hurts”

March 27, 2011 at 12:12 pm Leave a comment

Secretary of State Hillary Clinton recently published an op-ed on Bloomberg News Wire calling women’s entrepreneurship “one major emerging market [that] hasn’t received the attention it deserves”:

Women’s Work-More, Earn-Less Plan Hurts
By Hillary Rodham Clinton

One of the biggest growth markets in the world may surprise you. You’ve heard about the opportunities opening up in countries like China, regions like Asia and industries like green technology. But one major emerging market hasn’t received the attention it deserves: women.

Today, there are more than 200 million women entrepreneurs worldwide. Women earn more than $10 trillion every year, which is expected to grow by $5 trillion over the next several years. In many developing countries, women’s incomes are growing faster than men’s.

Facts such as these should persuade governments and business leaders worldwide to see investing in women as a strategy for job creation and economic growth. Many are doing so. Yet the pool of talented women is underutilized, underpaid and underrepresented in business and society.

Throughout the world, women do two-thirds of the work, yet they earn just one-third of the income and own less than 2 percent of the land…

Read more: http://www.state.gov/secretary/rm/2011/03/157836.htm

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