Leaders from across Asia and the Pacific, including government, unions, business, and academia, highlighted “game-changing” areas which can transform the future of work for women in Asia and the Pacific.
The infographic below outlines that gender equality and women’s empowerment have implications for growth and development. A reduction in the gap in participation rates between men and women by 25% has the potential to increase the GDP in Asia-Pacific by as much as US$ 3.2 trillion.
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However, there are some barriers which prevent women from getting leadership positions in business, such as:
- Managing word and family responsibilities;
- Gender stereotypes;
- Masculine corporate cultures.
Despite this, companies that have gender diversity in their management teams have better financial results and business outcomes in general, compared to companies with less diversity.
