Womenomics Part I--Women and the Global Economy
Thurs., January 31, 2008
Program from 12:15-1:45 pm
79 Fifth Avenue, 4th Fl (between 15th & 16th Sts.)
New York, NY
Join Demos, The World Policy Institute, The National Council for Research on Women, Vital Voices and a panel of distinguished speakers (see below) for a discussion of global trends around why investing, empowering and advancing women is smart business and good for the economy, women and their families. The discussion will continue later in 2008 with "Womenomics Part II - "Women's Successful Strategies to Grow the US Economy."
In 2006, The Economist coined the word "womenomics" when it declared, "Forget China, India and the Internet, economic growth is driven by women." In a three-part series it cited studies suggesting that the rapid entry of women into the workforce has added more to GDP than new jobs for men - and more in productivity than the technology sector. The World Economic Forum now explicitly publishes an annual gender empowerment index as a critical component in each country's economic competitiveness. The World Bank has launched a major initiative, "Gender Equality as Smart Economics." The featured panelists below will discuss the global implications of women in the workforce, and the impact of microfinance initiatives focusing on women as both breadwinners and entrepreneurs on families and economies worldwide.