2019 International Gender Summit

Gender equality is and has been an important driver for economic growth in many societies already.

The push for female empowerment and leadership over the last decades, has created a big change in many
economies, resulting in an increase of women’s participation in the global workforce to about 51 percent
dipping as low as 21 percent in the Middle East and North Africa. There is still room for improvement in
this area. In this program, we will see how the promotion of female leadership and gender equality can
benefit both economies and societies, as well as women’s economic situations.

Swelling the ranks of women in the workforce allows an economy to make full use of its human capital. It
will be crucial to sustaining growth in emerging markets in the long term. Research by the International
Labour Organisation (ILO) shows that economies with high female labour force participation rates are
more resilient to economic shocks and suffer from slowdowns in economic growth less often. Last year
the McKinsey Global Institute put an astonishing monetary value on women’s work, claiming that
achieving global gender parity in economic activity could add $28 trillion to annual global GDP in
2025—with almost $3 trillion added to India’s GDP alone.

Bringing more women into productive work is also a powerful anti-poverty device, since research shows
that women plough the majority of their income back into the health and well being of their families.

Women are a huge untapped source of economic growth. Unlocking their full potential will require
concerted action by both public and private sectors. Women have proven their potential across a range of
fields and continue to strive to gain ground. At the core of this summit is to discuss the subject matter of
Gender, drill the delegates through the trajectories of principles, definitions, systems and practices to
enable them proactively factor it to everyday circumstances.

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