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The Power of Parity: How Advancing Women's Equality can Add $12 trillion to Global Growth


  • Jonathan Woetzel


In this report, MGI explores the economic potential available if the global gender gap were to be closed. The research finds that, in a full-potential scenario in which women play an identical role in labor markets to men’s, as much as $28 trillion, or 26 percent, could be added to global annual GDP in 2025. This estimate is double that of other studies’ estimations, reflecting the fact that MGI has taken a more comprehensive view of gender inequality in work.

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  • Jonathan Woetzel, 2015. "The Power of Parity: How Advancing Women's Equality can Add $12 trillion to Global Growth," Working Papers id:7570, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:7570
    Note: Institutional Papers

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    3. Sher Verick, 2014. "Female labor force participation in developing countries," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-87, September.
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    4. Isabel Fernandez-Mateo & Sarah Kaplan, 2018. "Gender and Organization Science: Introduction to a Virtual Special Issue," Organization Science, INFORMS, vol. 29(6), pages 1229-1236, December.
    5. Hélène Périvier & Réjane Sénac, 2018. "The new spirit of neoliberalism: equality and economic prosperity," Sciences Po publications info:hdl:2441/14c56gh1hq9, Sciences Po.
    6. Hélène Périvier & Réjane Sénac, 2018. "The new spirit of neoliberalism: equality and economic prosperity," Post-Print hal-02403971, HAL.
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    11. Rajesh Gupta & Vaibhav Bhamoriya, 2021. "‘Give Me Some Rail’: An Enquiry into Puzzle of Declining Female Labour Force Participation Rate," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 46(1), pages 7-23, February.
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