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Women and the economy: an opportunity for growth

Strategy Driven

As Christine Lagarde, Managing Director of the International Monetary Fund states: if women were employed at the same rate as men, GDP would increase by 5 percent in the United States, by 9 percent in Japan and by 27 percent in India. Women have a few powerful tools to find their way to success and leadership.

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Working Mothers Are Important Contributors to the U.S. Labor Force

HR Digest

Similarly, 42 percent of working mothers would look for higher pay, and 29 percent work seek additional training to boost their careers. The UN Women website states that by increasing female employment in OECD countries to match the levels presented by Sweden, GDP could be boosted by over $6 trillion.

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The Global Rise of Female Entrepreneurs

Harvard Business Review

While aggregated data is often challenging to find, the recent Global Entrepreneurship Monitor (GEM) found 126 million women starting or running businesses, and 98 million operating established (over three and a half years) businesses. Programs like the Center for Women''s Entrepreneurial Leadership are innovating in the academic space.

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The Irish Banking Crisis: A Parable

Harvard Business Review

Heres what orthodox economics would have predicted for a country without banks: A collapse in the money supply, a credit crunch, a trade implosion, mass unemployment, an atomized GDP, and the gears of industry and commerce grinding to a crashing halt. Imagine all the veins in your body suddenly shrinking and collapsing — Avada Kedavra!!

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