IMF joins call to boost the economic role of women
An IMF report says a country's GDP - and the global economy - could be healthier if not for policies, laws or curbs restricting women from working
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Tokyo
THE International Monetary Fund (IMF) has joined other international organisations in urging governments around the world in recognising that global economic growth is being held back by official policies, laws and other restrictions limiting the role of women in economic activity.
In a report published on Monday, the IMF said "gender gaps caused by these restrictions have macro-critical effects in terms of impact on GDP". Raising female labour force participation could increase gross domestic product by a one-off 5 per cent in the US, by 9 per cent in Japan and by more dramatic levels in certain other countries, it said.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant