Half of Global Growth Comes From the Developing World

From the United States, a report published by The Wall Street Journal on women’s progress in the workplace.

A Global View

A quote from World Bank President Bob Zoellick:

We estimate there are about three billion people working in the world. About 40% of those are women, so about 1.2 billion. This is going to be increasingly important, because as we’ve seen in this downturn, about half of the global growth comes from the developing world. Earlier you mentioned a phrase that we developed—gender equality is smart economics. Not only is it fair and right to give women equal opportunity, but we’re getting increasing evidence from studies around the world about what a difference economic empowerment makes.

Another interesting quote from Wei Sun Christianson of Morgan Stanley:

You see more and more women entering into sectors such as telecommunications, technology and finance. But there is a glass ceiling, or a bamboo ceiling, in China. You see very few women on the top.

However, there’s one interesting phenomenon. With the government encouraging the development of the private sector, you see private business and family business thriving. That’s already one-third of the Chinese economy, and 21% of these entrepreneurs are women.

Global entrepreneurship continues to be a viable option for women.  That’s why we’re here!

Photo credit here (L-R:  Robert Zoellick of World Bank Group, retired Supreme Court Justice Sandra Day O’Connor and Wei Sun Christianson of Morgan Stanley)

Posted by:  Laurel Delaney

Advertisements

0 Responses to “Half of Global Growth Comes From the Developing World”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




WEGG Mission

Our mission is to educate women business owners and entrepreneurs worldwide on how to go global so they can run healthier businesses and create a new future for themselves, their families and their community.

Women Entrepreneurs GROW Global is a 501(c)3 nonprofit organization. EIN/Tax ID #47-2956522.
View All WEGG Webinars
WEGG Newsletter Sign Up
Join us for the WEGG Grow Global Workshop in 2017!

Join 1,768 other followers

Categories

Archives

Ask a Question

Honors & Awards

Use Smile Amazon and WEGG receives a .05% donation from Amazon on eligible purchases.

Donate Your Gift Card to WEGG!

Not know what to do with your Starbucks or Target Gift Card?  Put it to good use.  Exchange it for a donation to WEGG!  You will receive a tax receipt for the entire full value or any unused balance of your card.

Copyright Notice

©2008-2017 Women Entrepreneurs GROW Global.
All rights reserved.

%d bloggers like this: