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Tackling gender inequality 'could add £10tn to world economy'

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(@laowai)
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Governments must take the lead on reducing gender inequality to unlock almost £10tn of additional global economic output, a report argues.

Closing the gender gap on employment, pay and business leadership is an important source of growth in an environment of persistently sluggish figures, UBS Wealth Management says.

If countries increase national female participation rates to match the best in their region it could add $12tn (£9.9tn), or 11%, to the world economy by 2025, a recent McKinsey study found. But a report by the World Economic Forum found the gender gap had widened in the past four years and predicted it could take 170 years for women to reach parity.

To remove obstacles, governments need to make hard choices and think long-term by providing adequate maternity and paternity leave and high quality subsidised childcare as well as promoting employment policies that encourage women to succeed, UBS said in its report, Women as a force for economic change.

https://www.theguardian.com/business/2016/oct/31/tackling-gender-inequality-could-add-10tn-to-world-economy?CMP=share_btn_tw

So four years ago, while still serving in the House of Representatives, Koike decided to pick up the slack and do something about it. She came up with seven recommendations and presented them to Shinzo Abe, who became prime minister for the second time in December 2012 after a short stint the previous decade. Three of these proposals, she told FP, made it into “womenomics,” the set of measures Abe announced in April 2013 aimed at revitalizing Japan’s long-stagnant economy and staving off the effects of population decline by increasing women’s labor participation. Abe also set in place a goal to raise the proportion of women executives in Japanese companies to 30 percent by 2020.

http://foreignpolicy.com/2016/08/05/japan-reluctant-feminist-yuriko-koike-tokyo-women-governor-election/

So we see the gender agenda is just all about money. I wonder who is benefiting most from this? The banks. And who controls the banks....

We see a similar scenario playing out with Abes 'womenomics' policy in Japan, which is all about doubling the tax base. Feminism was only ever about doubling the tax base and giving the Western banking cartel power via credit lending. People are kidding themselves if they believe Feminism is about anything other than gaining money and power. All this will lead to is larger, more powerful government institutions globally, like it has already done in the West. It won't help individuals. All it will do is create conditions of a hyper competitive job market that will lead to many millions unemployed, and subsisting on government benefits at some point in time, enabling the slow totalitarian creep to gain momentum.


 
Posted : 25/11/2016 7:19 am
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