Text size:

  • Small
  • Normal
  • Large

The West leads the way in workplace empowerment

Working women have the greatest opportunities for success in Australia, Canada, Finland, France, Germany and Norway, research by Booz and Co shows.

Working women have the greatest opportunities for success in Australia, Canada, Finland, France, Germany and Norway, research by Booz and Co shows.

Its Empowering the Third Billion report ranks 128 countries based on how effectively governments are empowering women. The "third billion" refers to China and India, each representing 1 billion emerging participants in the global jobs marketplace, and the third billion is made up of women, in both developing and industrialised nations, who will enter the market in the coming decade.

The report finds a clear correlation between steps taken by governments to improve the lot of women and their success in the economy.

Australia, Canada, Finland, France, Germany and Norway are assessed to be those countries "on the path to success".

"Setting aside all external factors -such as access to health care, political participation and legal status -government leaders have levers they can pull to economically empower their female citizens and countries that do so are producing results," analysts wrote in the report.

Worryingly for the Arab world, several countries in the region are ranked at the other end of the index. Egypt, Saudi Arabia and the UAE all come close to the point in the index labelled as "at the starting gate".

"These three countries face substantially different challenges at the macroeconomic level," says the report.

"Governments and companies in these countries and throughout the [Middle East and North Africa] region have a powerful opportunity to boost their own economic growth by opening new doors for women."

Raising female employment to the same level as males can help to boost economic growth, the report concludes. But greater female involvement in the workforce can have other benefits.

Working women are more likely than men to invest their household income in the education of their children.

"As those children grow up, their improved status becomes a positive social and economic factor in their society," says the report.


Back to the top

More articles

Editor's Picks

 The Greens, villas: Q1 no change. 3BR - Dh210-250,000. 4BR - Dh210-260,000. 5BR - Dh220-300,000. Q1 2013-Q1 2014 5% rise. Pawan Singh / The National

In pictures: Where Dubai rents have risen and fallen, Q1 2014

Find out how rental prices in the prime locations in Dubai have altered during the first three months of the year and the current rates you will pay according to data provided by Asteco.

 Above, the private pool of Ocean Heights' five-bedroom penthouse flat. Courtesy Christie’s International Real Estate

In pictures: Penthouse flat is height of Dubai luxury living

A five-bedroom penthouse in Ocean Heights in Dubai Marina is on sale for Dh25 million and comes with a private pool and an unparalleled view of Dubai.

 The cooling towers of the Temelin nuclear power plant near the Tyn nad Vltavou in Czech Republic. The country wants to continue expanding nuclear energy capacity despite cancelling a tender to build two new units. David W Cerny / Reuters

In pictures: Best business images for the week to April 17, 2014

Here are some of the best business images for the week to April 17, 2014.

 Three generations of the Hakimi family tend to their stall Crawford Market in Mumbai. Subhash Sharma for The National

In pictures: Shopper’s delight at Crawford Market in Mumbai

Crawford Market is an old British-style covered market dealing in just about every kind of fresh food and domestic animal imaginable. Later on renamed Mahatma Jotirao Phule, the market remains popular among locals and visitors by its old name, taken from Arthur Crawford who was the first municipal commissioner of the city.

 The Wind, Energy, Technology and Environment Exhibition takes place from April 14 to April 16. Above, the Dewa showroom during last year’s Wetex. Jaime Puebla / The National

April corporate and economic calendar for the UAE and overseas

From Cityscape to Wetex to stock-market holidays to nations reporting first-quarter GDP figures, here is our helpful calendar of April's business events in the UAE and internationally.

 Get the latest information on credit cards, bank accounts and loan products in the UAE. Mark Lennihan / AP Photo

Rates report: Latest on UAE loans, accounts and credit cards

Souqamal.com brings you the latest interest rates on banking products in the UAE.


To add your event to The National listings, click here

Get the most from The National