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
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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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