Gender parity on the rise

Halving the gender gap in global employment could lead to an additional gain of 6 per cent in the GDP by 2030. Read on to discover how countries and organizations are working to achieve gender parity and the economic and social benefits of doing so. In an era of increasing political, economic and social uncertainty this is a subject every leader should be addressing.

What is changing?

Employment

  • Eliminating employment gender gaps could boost GDP by 5 percent in the U.S.
  • Women leaders will need to make explicit (rather than implicit) demands of others.
  • The gender gap in agricultural productivity ranges from 4-40 per cent depending on the country and the food or cash crop in question and could cost up to USD 100 million in Malawi.
  • The Pentagon is now weighing whether to lift its ban on transgender service members and is expected to do so next year.

Economics

  • A key risk factor for domestic violence is economic inequalitybetween men and women
  • As much as $12 trillion of economic opportunity could be achieved in 2025 if countries were to emulate the neighbor in their region that has made the most progress on bridging its gender gap in the last decade.
  • Women’s incomes are expected to grow faster than men’s and women are expected to control nearly 75 percent of discretionary spending worldwide by 2028.

Education

  • There has been a global trend towards widening participation and improving the opportunities and learning outcomes for students from diverse backgrounds.
  • Trend projections for the GPI at both education levels among 145countries with data show that only 62 countries will have achievedgender parity in enrolment for both primary and secondary educationby 2015.
  • Gender equality and the empowerment of women will improve as a result of more egalitarian access to education and the role of technology.
  • Women who cannot or do not use the Internet risk deeper isolation.
  • Boys are at higher risk of failing to progress and complete their secondary education.

Security

  • Children in conflict-affected countries are at particular risk fromgender-based violence.
  • Evidence suggests girls are at greater risk of sexual violence, harassment and exploitation.

Demographics

  • The phenomenon of migration is going to become more and more significant in the Pacific.
  • It is likely that by 2045 all formal barriers to women being involved in ‘front-line’ combat will be eliminated in most developed countries‘ armed forces.
  • China’s aging economy will need the power of gender parity and the power of productivity to sustain itself in the years ahead.
  • Even a two-child policy in China will not boost the birth rate enough.
  • South and West Asia remains the region with the biggest gender disparity.
  • Sub-Saharan Africa was the region with the second lowest female literacy rate in 2010 and projected to reach 55% in 2015.

Implications

Society

  • Society will incrementally but ultimately become more open and embracing of gender nonconformity and a fuller spectrum of genderexpressions and identities.
  • Gender identity (or non-identity) will soon take on unprecedented roles in society.
  • Eliminating gender inequality and empowering women could raise the productive potential of one billion Africans.
  • A change in the mindset of women to aspire to equal employment opportunities and career paths will result in more widespread, high-level responsibility in the public and private sectors
  • The gender-specific impact of policy measures will be addressed by IMF surveillance.
  • There is a risk that development efforts end up supporting technologies and methods predominantly targeting male aspects of urban agriculture.
  • De-gendering toys will allow children, and arguably society at large, to reap long-term benefits: when we offer kids equal choices from an early age.
  • Activists in the Netherlands have argued that eliminating the ubiquitous gender boxes on documents could be an effective and respectful step toward accommodating diversity.

Business

  • Tackling gender inequality will require change within businesses as well as new coalitions.
  • Organizations that explore opportunities for innovation among seemingly dissimilar or even opposite demographics will be the most likely to succeed.
  • Employee networks for sexual orientation and cultures & origins will be launching in the next year.
  • Companies will have millennials occupy over 50% of their workforce by 2020 and millennials see diversity as not just racial or gender based but also cognitive.
  • Momentum will continue to build for women leadership.
  • Women will soon be freer to take senior management roles as a result of more fathers choosing to be the main carer.
  • Publication of gender pay gap information will encourage employers to take actions that will help close the pay gap.
  • German and UK companies with more than 500 employees will be required to report the policies they have put in place to ensure women progress in their organizations.
  • Many employers will be encouraged to establish an effective talent pipeline that helps women to fulfil their earning potential.

DRIVERS

Search for these drivers via the front page of Shaping Tomorrow to instantly see more underlying change in gender parity issues:

gender · countries · risk · gender gap · society · gender parity · global GDP · inequality · employment · violence · China  · secondary education · migration · policy · domestic violence · women leaders · demographics

Learn more

Develop your answer and response

Find the sources and more resources on Shaping Tomorrow’s ‘Gender parity on the rise’ some of which were used in this Trend Alert, or ask us for our ready-made, in-depth PowerPoint report or more detailedGIST briefing on this or any other topic of interest to you.

Also, click here to find out how Shaping Tomorrow can help your organization rapidly assess and respond to these and other key issues affecting your business.

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