On Tuesday, September 23, the Center for Strategic and Intentional Studies held a conference on Womenomics: Why it Matters for Japan and the World.
Equality of women in the global workforce would benefit both women and men. Seriously. According to Eileen Pennington of the Women's Empowerment Program for the Asia Foundation, when women make money, they invest more into their homes and childcare improving overall life, and even decreasing infant mortality. Increased labor force participation increases growth and for countries like Japan with both a shrinking population and an aging workforce, they need every boost they can get. The Middle East is the only region that has a higher gender gap in the workfoce than Asia, meaning countries like Korea, China, and Japan have a lot of room for improvement, and a lot of opportunities for economic growth.
Equality of women in the global workforce would benefit both women and men. Seriously. According to Eileen Pennington of the Women's Empowerment Program for the Asia Foundation, when women make money, they invest more into their homes and childcare improving overall life, and even decreasing infant mortality. Increased labor force participation increases growth and for countries like Japan with both a shrinking population and an aging workforce, they need every boost they can get. The Middle East is the only region that has a higher gender gap in the workfoce than Asia, meaning countries like Korea, China, and Japan have a lot of room for improvement, and a lot of opportunities for economic growth.