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AsiaPacific Issues AsiaPacific Issues
Women's Economic Empowerment and the G20 Agenda Women's Economic Empowerment and the G20 Agenda
Angela Merkel (CDU, C) attends the W20 conference on April 26, 2017 in Berlin, Germany.
Format
paper
Pages
4

In not a single country has gender equality yet been achieved in practice. Worse still, in 9 out of 10 countries laws discriminate against women's ability to be economically active. This despite all 193 UN member countries formally committing in 2015 to promote gender equality and empower women and girls. At current rates of progress, it will take another 217 years to reach economic parity. Yet the case for economic parity is compelling. As much as $28 trillion could be added to the global economy by 2025 if all countries bridged the gender gap, an amount equivalent to the combined US and China economies today. International fora such as the G20 are attempting to address this by establishing specialist dialogues such as the Women20, to provide targeted recommendations to government ministers and other policymakers.

Photo: German Chancellor Angela Merkel (CDU, C) attends the W20 conference on April 26, 2017 in Berlin, Germany. The conference, part of a series of events in connection with Germany's leadership of the G20 group of nations this year, focuses on women's empowerment, especially through entrepreneurship and the digital economy. (Photo by Adam Berry-Pool/Getty Images)

In not a single country has gender equality yet been achieved in practice. Worse still, in 9 out of 10 countries laws discriminate against women's ability to be economically active. This despite all 193 UN member countries formally committing in 2015 to promote gender equality and empower women and girls. At current rates of progress, it will take another 217 years to reach economic parity. Yet the case for economic parity is compelling. As much as $28 trillion could be added to the global economy by 2025 if all countries bridged the gender gap, an amount equivalent to the combined US and China economies today. International fora such as the G20 are attempting to address this by establishing specialist dialogues such as the Women20, to provide targeted recommendations to government ministers and other policymakers.

Photo: German Chancellor Angela Merkel (CDU, C) attends the W20 conference on April 26, 2017 in Berlin, Germany. The conference, part of a series of events in connection with Germany's leadership of the G20 group of nations this year, focuses on women's empowerment, especially through entrepreneurship and the digital economy. (Photo by Adam Berry-Pool/Getty Images)

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