Women, Business, and the Law: Examining the Obstacles to Women’s Economic Inclusion
Around the world 178 countries either have laws that hinder women’s economic inclusion, or lack laws that foster it. That translates to 2.4 billion women of working age who don’t have equal economic opportunities as men. And while the number of countries that score well in the World Bank’s Women, Business, and the Law research has risen, on average women globally have just three-quarters of the legal rights of men. What are the obstacles to achieving economic inclusion for women? And where is progress being made? Tea Trumbic, Program Manager for the Women, Business and the Law project in the World Bank’s Development Economics vice-presidency, joins the Development Podcast with the latest. ‘It is shocking that in 2022 we are still seeing so many discriminatory laws that hold women back,’ said Tea Trumbic for The Development Podcast. Listen now this episode!
Timestamps[00:00] Welcome and introduction of the topic
[01:13] Background on the 2022 Women, Business and the Law Report
[07:29] The case of Gabon in making progress towards gender equality
[11:07] Economic rights of women vs. men
[12:40] Difference between kind of legal equality and equality and practice
[13:32] The importance of childcare as an indicator
[15:03] The provision of child varying from country to country
[16:43] Ensuring quality of childcare provision
[18:05] The obstacles to childcare
[19:26] Is there a model of childcare provision?
[20:30] The regional scorecard for Sub-Saharan in Africa
[24:03] The expected gap in lifetime earnings between men and women
[25:07] Closure and thanks for tuning!
ABOUT THE DEVELOPMENT PODCASTThis international development podcast brings together the data, research—and solutions—that can pave the way to a sustainable future. Through conversations focused on revealing the latest data, the best research, and cutting-edge solutions, let us introduce you to the folks working to make the world a better place. Don't miss an episode! Listen and subscribe for free on your favorite platform.
ABOUT THE WORLD BANK GROUPThe World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.
The past twelve months have been turbulent for the global economy. Conflict, inflation, food supply crises and the long tail of the Covid-19 pandemic have caused shockwaves across the world. In this episode of The Development Podcast we speak to World Bank Group chief economist Indermit Gill who...
COVID-19, the war in Ukraine, and other crises have dealt the biggest setback to global poverty reduction in decades. 2020 alone saw the largest one-year increase in extreme poverty since global monitoring began. Ruth Hill, a lead economist at the World Bank discusses the recent Poverty and...