Posts tagged ‘The Economist’

Japan: “Land of the wasted talent” @TheEconomist #hwhtw

This article from the Economist shows that the developing world isn’t the only place where women’s talents are underutilized…

“Nearly half of Japanese university graduates are female but only 67% of these women have jobs, many of which are part-time or involve serving tea. Japanese women with degrees are much more likely than Americans (74% to 31%) to quit their jobs voluntarily. Whereas most Western women who take time off do so to look after children, Japanese women are more likely to say that the strongest push came from employers who do not value them. A startling 49% of highly educated Japanese women who quit do so because they feel their careers have stalled.”

Read the full article: http://www.economist.com/node/21536543

November 18, 2011 at 12:35 pm Leave a comment

The untapped potential of women in Asia: $40 billion

Last week U.S. Ambassador-at-Large for Global Women’s Issues Melanne Verveer gave the keynote speech at the Annual Summit of the Global Banking Alliance for Women.  Among other amazing facts, Ambassador Verveer cited a massive amount of pent-up prosperity embodied in Asian women:

“Let me give you a macro-example of what the economic empowerment of women could mean, as if you didn’t know: it is calculated that the Asia-Pacific region is shortchanged in excess of $40 billion a year in GDP because of the untapped potential of women.”

Two more striking quotes from the speech:

“As World Bank president Robert Zoellick says, and I quote him endlessly all over the world, ‘Gender Equality Means Smart Economics.'”

“An article in the Economist noted the following: ‘Forget China, forget India, forget the Internet, it’s women who drive GDP.'”

To read the full text of the speech: http://www.state.gov/s/gwi/rls/rem/2010/150137.htm

More on the Global Banking Alliance for Women: http://www.gbaforwomen.org/

October 31, 2010 at 5:06 pm Leave a comment


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