Since then the world has come a long way. Increasingly, happiness is considered to be the proper measure of social progress and the goal of public policy.
Read the full report Talent and technology together will determine how the Fourth Industrial Revolution can be harnessed to deliver sustainable economic growth and innumerable benefits to society.
This urgency is at the core of a fresh call to action to accelerate progress towards gender equality, adding to the well-established economic case for gender equality.
Moreover, there is a fundamental moral case for empowering women: Through the Global Gender Gap Report, the World Economic Forum quantifies the magnitude of gender-based disparities and tracks their progress over time. While no single measure can capture the complete situation, the Global Gender Gap Index presented in this Report seeks to measure one important aspect of gender equality—the The world economics report gaps between women and men across four key areas: More than a decade of data has revealed that progress is still too slow for realizing the full potential of one half of humanity within our lifetimes.
The Index does not seek to set priorities for countries but rather to provide a comprehensive set of data and a clear method for tracking gaps on critical indicators so that countries may set priorities within their own economic, political and cultural contexts.
It points to potential role models by revealing those countries that—within their region or income group—are leaders in distributing resources more equitably between women and men, regardless of the overall level of available resources. However, the gaps between women and men on economic participation and political empowerment remain wide: Weighted by population, inthe average progress on closing the global gender gap stands at a score of 0.
Out of the countries covered by the Index both this year and last year, 68 countries have increased their overall gender gap score compared to last year, while 74 have seen it decrease. It therefore has been an ambiguous year for global gender parity, with uneven progress at best.
All things held equal, with current trends, the overall global gender gap can be closed in 83 years across the countries covered since the inception of the Report—just within the statistical lifetime of baby girls born today.
However, the most challenging gender gaps remain in the economic sphere and in health. At the current rate of change, and given the widening economic gender gap since last year, it will not be closed for another years.
The economic gender gap this year has reverted back to where it stood inafter a peak in On the other hand, on current trends, the education—specific gender gap could be reduced to parity within the next 10 years.
On current trends, it could be closed within 82 years.
The time to close the health gender gap remains undefined. Formally the smallest gap, it has oscillated in size with a general downward trend. Today, the gap is larger than it stood inin part due to specific issues in select countries, in particular China and India.
Some regions should expect to see their gender gaps narrow faster than the global rate of change.
Among these are South Asia, with a projected closing of the gender gap in 46 years, Western Europe in 61 years, Latin America in 72 years and Sub-Saharan Africa, due to achieve parity in 79 years.
Projections for other world regions suggest closing their gaps will take longer than years, namely years in the Middle East and North Africa, years in East Asia and the Pacific, and years in Eastern Europe and Central Asia.
Given the slow progress over the last decade, the gender gap in North America is expected to close in years. None of these forecasts are foregone conclusions.
Instead they reflect the current state of progress and serve as a call to action to policymakers and other stakeholders to accelerate gender equality.Charts can be generated by visiting the World Bank's DataBank website. Maldives, and Sri Lanka, which report in calendar year.
The fiscal year runs from July 1 through June 30 in Bangladesh, Bhutan, and Pakistan, from July 16 through July 15 in Nepal, and April 1 through March 31 in India. Closing the Gender Gaps: Advancing Women in Corporate America.
The Global Markets Institute of Goldman Sachs has just released a new report. Read Report. Economics is an online-only journal dedicated to publishing high quality original research across all areas of economics.
It views academic publishing as a cooperative enterprise between authors, editors, referees, and readers.
Now in its 12th edition, The Global Risks Report completes more than a decade of highlighting the most significant long-term risks worldwide, drawing on the .
This report sets out our latest long-term global growth projections to for 32 of the largest economies in the world, accounting for around 85% of world GDP.
Key results of our analysis (as summarised also in the accompanying video) include: The world economy could more than double in size by.
Download the report's statistical appendix in PDF format. Notes: e = estimate; f = forecast. EMDE = emerging market and developing economy. World Bank forecasts are frequently updated based on new information and changing (global) circumstances. Global Economic Prospects. H Street, N.W.
Washington, DC USA.