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Episode 8: How closing the gender gap drives economic growth

Transcript

Listen: “Women make about 75% of all household consumption decisions, and control close to 100 trillion in wealth,” says Ida Liu, Global Head of Citi Private Bank. "Women can no longer be ignored."

On the latest episode of Living Beyond Borders, we look at the impact women have in 2022 on the U.S. and global economy.

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citi private bankliving beyond borderseurasia grouptracy morangender gapida liuisadora seixaswomen and the pandemicgender inequalityglobal economypandemic recoverywomen in the workplace
Why pandemic was "perfect storm" for violence against women: Dr. Okito Wedi
Why Pandemic Was "Perfect Storm" for Violence Against Women: Dr. Okito Wedi | GZERO Media
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Why pandemic was "perfect storm" for violence against women: Dr. Okito Wedi

Gender-based violence tends to jump in any emergency situation, and the pandemic was no different. During COVID-related lockdowns around the world, Creative Development CEO Dr. Okito Vanessa Wedi says the home was no safe space for women. "Preexisting toxic social norms, together with actually being in a pandemic, losses of jobs, anxiety about the future [and] the restriction of movement" all created a "perfect storm" that turned partners into abusers.

She spoke during "Measuring what matters: How women are critical to pandemic recovery," a livestream conversation on October 28, 2021, hosted by GZERO Media in partnership with the Bill & Melinda Gates Foundation.

From Your Site Articles
COVID-19covid lockdownsdr. okito vanessa wedigender issuesviolence against womenwomen and covidwomen and the pandemicpandemic responsegender-based violence
Minouche Shafik: Keeping talented women working is good for the economy
Minouche Shafik: Keeping Talented Women Working is Good for the Economy | GZERO Media
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Minouche Shafik: Keeping talented women working is good for the economy

More women are now going to college than men, but much of that talent later goes to waste. Why? For London School of Economics Director Minouche Shafik, the problem is that we don't have systems in place to retain talented women in the workforce in crisis situations like the pandemic, when so many women had to quit their jobs and stay home to take care of their kids. "The talent of all of those women is a huge potential economic gain to our societies," she explains, so we need to find a way to better match them to (remote) jobs that suit their skills. "This is not just about inequality story; this is really an economic efficiency story as well."

She spoke during "Measuring what matters: How women are critical to pandemic recovery," a livestream conversation on October 28, 2021, hosted by GZERO Media in partnership with the Bill & Melinda Gates Foundation.

From Your Site Articles
covid lockdownsworld economyminouche shafiklondon school of economicswomen and covidwomen and the pandemicunpaid laborpandemicpandemic recoveryCOVID-19gender inequality
Women have borne the economic brunt of the pandemic
Why Women Have Borne the Economic Brunt of the Pandemic | GZERO World
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Women have borne the economic brunt of the pandemic

It's no secret that women around the world have shouldered much of the burden brought about by the COVID-19 pandemic, especially when it comes to unpaid labor. As London School of Economics director Minouche Shafik points out in this week's episode of GZERO World, on average in the world women do two hours more unpaid work per day than men. And whether we're talking Norway or Pakistan, women have been doing more than their fair share for a long time before COVID hit. So how do women come back from what Shafik calls "the biggest change in the social contract in decades?" That's a major focus of this week's show.

Watch the episode: Is modern society broken?

minouche shafikian bremmergzero worldsocial contractgender inequalityGENDER ISSUESlondon school of economicsgender biasgender pay gapunpaid laborgender roleswomen and the pandemic

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