gender and economic policy October 26, 2012Posted by Bradley in : eu, gender , add a comment
MEPs rejected Yves Mersch as a candidate for the ECB Executive Board on the basis that insufficient attention is being paid to the issue of gender (the decision is here). If Mersch is appointed to the Executive Board it will likely be all male at least until 2018.
Press reports suggest that the Parliament’s emphasis on the need for gender diversity at the ECB is a distraction from the serious issues of addressing the crisis, and make the EU look less credible. But this downplaying of the issue seems to me to be emblematic of the problem. Not working to take advantage of the talent of women as well as of men is short-sighted.
The World Economic Forum’s Gender Gap Report for 2012 which examines the gender gap in countries around the world states:
The correlation among competitiveness, income and development and gender gaps is evident… While correlation does not prove causality, it is consistent with the theory and mounting evidence that empowering women means a more efficient use of a nation’s human talent endowment and that reducing gender inequality enhances productivity and economic growth. Over time, therefore, a nation’s competitiveness depends, among other things, on whether and how it educates and utilizes its female talent.
increasing participation of women in corporate boards March 5, 2012Posted by Bradley in : gender , add a comment
The EU Commission launched a consultation today on gender imbalance on corporate boards (see the Progress Report). The consultation questions move from asking how effective self-regulation is to asking whether there should be sanctions for not meeting objectives. Meanwhile the OECD has a Gender Browser which provides access to data on this issue.
uk government consults on gender and insurance December 9, 2011Posted by Bradley in : financial regulation, gender , add a comment
The Consultation document seeks views on the Government’s legal interpretation of the judgment and the accompanying draft regulations that amend the Equality Act. It also seeks comments on the Government’s impact assessment and requests additional data that would contribute to a better understanding of the impact on consumers and insurers. Finally, it asks for views on some of the key issues arising from the judgment, such as the scope of indirect discrimination.
underinvestment in girls September 1, 2011Posted by Bradley in : gender , 1 comment so far
Jad Chaaban & Wendy Cunningham, Measuring the Economic Gain of Investing in Girls : the Girl Effect Dividend, World Bank Policy Research Working Paper (August 2011):
Although girls are approximately half the youth population in developing countries, they contribute less than their potential to the economy. The objective of this paper is to quantify the opportunity cost of girls’ exclusion from productive employment with the hope that stark figures will lead policymakers to reconsider the current underinvestment in girls. The paper explores the linkages between investing in girls and potential increases in national income by examining three widely prevalent aspects of adolescent girls’ lives: early school dropout, teenage pregnancy and joblessness. The countries included in the analysis are: Bangladesh, Brazil, Burundi, China, Ethiopia, India, Kenya, Malawi, Nigeria, Paraguay, Senegal, South Africa, Tanzania, and Uganda. The authors use secondary data to allow for some comparability across countries. They find that investing in girls so that they would complete the next level of education would lead to lifetime earnings of today’s cohort of girls that is equivalent to up to 68 percent of annual gross domestic product. When adjusting for ability bias and labor demand elasticities, this figure falls to 54 percent, or 1.5 percent per year. Closing the inactivity rate between girls and boys would increase gross domestic product by up to 5.4 percent, but when accounting for students, male-female wage gaps and labor demand elasticities, the joblessness gap between girls and their male counterparts yields an increase in gross domestic product of up to 1.2 percent in a single year. The cost of adolescent pregnancy as a share of gross domestic could be as high as 30 percent or as low as 1 percent over a girl’s lifetime, depending on the assumptions used to calculate the losses.
today is international womens’ day… March 8, 2011Posted by Bradley in : gender , add a comment
and Judi Dench and Daniel Craig team up at weareequals.org: