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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

Published Thu, Sep 24, 2015 · 09:50 PM
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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 consulting firm's research and economics arm.

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