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Women's equality can improve economic performance, economist tells the UN.

Publication: One Country
Publication Date: 01-APR-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: Women's equality can improve economic performance, economist tells the UN.(WOMEN)

Article Excerpt
UNITED NATIONS -- Equality between the sexes can have a real world economic effect, potentially improving the economic performance of nations and corporations.

That was among the ideas offered by noted economist Augusto Lopez-Claros, speaking in February at the United Nations on behalf of the Baha'i International Community.

Dr. Lopez-Claros, director of the Global Competitiveness Report 2006/2007 at the World Economic Forum, addressed the UN Commission on the Status of Women at a High-Level Roundtable on "Financing for Gender Equality and Empowerment of Women" on 25 February, 2008.

"The efficient operation of our increasingly knowledge-based economy is not only a function of adequate levels of available finance, a reasonably open trade regime for goods and services, but, more and more, is also dependent on our ability to tap into a society's reservoir of talents and skills," said Dr. Lopez-Claros.

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"When, because of tradition, a misunderstanding of the purpose...

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