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Press Release: Report Stresses Need for Bold Moves toward Gender Equality at Work

Originally posted by The World Bank

Empowering women at work advances fight to end poverty, World Bank Group says

WASHINGTON, Feb. 20, 2014—A new report by the World Bank Group stresses the need for bold, coordinated actions to advance equal opportunities for women in the world of work, such as addressing gender biases early, expanding women’s access to property and finance, and raising legal retirement ages—with major payoffs in tackling poverty. By virtually every global measure, women are more economically excluded than men, according to Gender at Work. Trends suggest women’s labor force participation worldwide over the last two decades has stagnated, dropping from 57 to 55 percent globally. This is despite accumulating evidence that jobs benefit women, families, businesses, and communities. Read more...

World Bank: Poverty is the Defining Moral Issue of our Time

World Bank President Jim Young Kim spoke at George Washington University last week on the eve of the World Bank Group/International Monetary Fund Annual Meetings. He discussed the World Bank’s recently released strategy on ending global poverty. Kim particularly noted the importance of working with countries emerging from conflict, affected by conflict, or in a persistent state of fragility as pivotal steps towards developing peace and security worldwide, and highlighted the need for continued investments in girls and women. Read more...

 

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