At the third International Policy Forum on gender-inclusive growth, policy-makers, business leaders and experts came together to explore the state of progress towards achieving gender-equality across the globe.
At the third International Policy Forum on gender-inclusive growth held in London, policy-makers, business leaders and experts came together to explore the state of progress towards achieving gender-equality across the globe and discuss the successes and failures of current commitments while also developing recommendations for the G20.
With the UK’s second female Prime Minister coming into office this week, the event assessed the strength of the economic – and moral – case for including women in the workforce, with gender-inclusive organizations estimated to increase US GDP by 5%, Japanese GDP by 9% and Indian GDP by 27%.
Although efforts at the global level have been slow, there have been cases of progress as well: the global financial crisis, for example, demonstrated how those organizations with a joint male-female leadership performed better then those who had predominantly male or female leaders, revealing that a 50:50 representation of both men and women is a strong recipe for economic success.
The first International Policy Forum on gender-inclusive growth was held in Canberra in 2014 to promote innovative policies and foster strong, balanced and inclusive economic growth within the G20 countries. The second forum was held in Ankara in 2015 and inaugurated the Women 20 (W20) engagement group dedicated to promoting gender inclusiveness and gender equality among the G20.