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[

] 31

Investing in women and girls in Asia

and the Pacific: a pathway to equality

and sustainable prosperity

Dr Shamshad Akhtar, Under-Secretary-General of the United Nations and Executive

Secretary of the Economic and Social Commission for Asia and the Pacific

G

ender equality plays a fundamental role in trans-

forming our economies and societies. Investing in

women and girls is not only a vital part of the

2030 Agenda for Sustainable Development, it is also a

prerequisite for addressing some of the key challenges

faced by our region, including the economic slowdown,

rising inequalities and rapid demographic transition.

Increasing women’s participation in the economy could add

US$28.4 trillion to annual global output by 2025. Closing

gender gaps in hours worked, participation and productivity

could result in gross domestic product (GDP) gains of up to 60

per cent in India and 48 per cent in the South Asia subregion,

and 30 per cent for East and Southeast Asia (excluding China)

by 2025.

1

The strong correlation that exists between gender

equality and economic growth means that a 0.1 reduction in

gender inequality as measured by the United Nations Gender

Inequality Index

2

is associated with almost one percentage

point of higher economic growth.

3

In spite of the economic opportunity, progress in female

economic participation has been slow and uneven. The gender

gap in labour force participation in Asia and the Pacific has

Image: Daphna Beerdsen/ESCAP

Women sell eggs in Sittwe market, Myanmar. Increasing women’s participation in the economy will add significantly to annual global output

G

ender

E

quality

and

W

omen

s

E

mpowerment