The power of parity: How advancing women’s equalitycan add $12 trillion to global growth
By fabi
The McKinsey Global Institute report, “The Power of Parity,” explores the economic impact of gender equality, estimating that achieving gender parity could add $12 trillion to $28 trillion to global GDP by 2025. It highlights the significant economic opportunities lost due to gender disparities in work, education, health, and representation. The report emphasizes the need for targeted interventions in ten “impact zones”, such as access to quality and affordable childcare, to close gender gaps and improve economic outcomes, urging businesses, governments, and NGOs to collaborate on transformative actions for gender equality.
McKinsey Global Institute (2015). “The power of parity: How advancing women’s equality can add $12 trillion to global growth.” McKinsey & Company.
