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Gender equality can boost global GDP by US$28t: McKinsey

Private sector plans to advance the status of women succeed only with clear direction from senior executives

New York

DENYING women full participation in the global economy is costly. McKinsey & Co has now calculated by just how much.

Full gender equality would add 26 per cent, or US$28 trillion, to global gross domestic product (GDP) in 2025, according to a new report by the