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Time (June 28)

2018/ 06/ 30 by jd in Global News

Women currently “account for 22% of the Saudi workforce, according to government statistics. Bin Salman’s goal is to get that figure up to 30% by 2030. Not only will having women behind the wheel improve participation in the workforce, it will help the economy. According to Bloomberg, the lifting of the ban could add as much as $90 billion to economic output by 2030.”

 

New York Times (May 25)

2018/ 05/ 26 by jd in Global News

Crown prince Mohammed bin Salman brought new hope that he would drag “his hidebound country into the modern age with a new vision.” Reform, however, is now “in reverse in Saudi Arabia” as the young prince cracks down on those who advocated for women’s right to drive. “It will be impossible for Prince Mohammed to legitimately claim the reformist mantle and achieve his economic goals as long as women are prevented from taking their full and rightful place in Saudi Arabia’s future.

 

Wall Street Journal (May 17)

2018/ 05/ 20 by jd in Global News

“American women are having children at the lowest rate on record, with the number of babies born in the U.S. last year dropping to a 30-year low…. The figures suggest that a number of women who put off having babies after the 2007-09 recession are forgoing them altogether.” This could spell trouble as America’s aging population is already “creating a funding imbalance that strains the social safety net that supports the elderly.”

 

Washington Post (April 18)

2018/ 04/ 20 by jd in Global News

“Nothing like this has happened in human history…. Men outnumber women by 70 million in China and India.” The results are “far-reaching: Beyond an epidemic of loneliness, the imbalance distorts labor markets, drives up savings rates in China and drives down consumption, artificially inflates certain property values, and parallels increases in violent crime, trafficking or prostitution.” Moreover the consequences extend all the way to Europe and the U.S.

 

Nikkei Asian Review (March 15)

2018/ 03/ 16 by jd in Global News

“Japan Inc. still clings to outdated norms like seniority-based promotion and pay. Women still generally face more ‘non-regular’ job offers than full-time ones. Tokyo’s governance upgrades are no match for opaque practices that fueled false-data scandals at Kobe Steel, Mitsubishi Materials, Toray Industries and elsewhere.”

 

LA Times (November 12)

2017/ 11/ 14 by jd in Global News

“Until women are once again directing, writing and producing the same number of films as men, and until they’re earning the same salaries, Hollywood’s power imbalance—and its sexual predator problems—won’t be solved.”

 

Institutional Investor (June 14)

2017/ 06/ 16 by jd in Global News

“Companies and their stake holders are increasingly anxious to add more women to their boards, a process that can be fraught with controversy…. But for all the hand-wringing,” a recent study from the Wharton School found that “companies do not perform any better—or any worse—when they have women on their boards.” This is “the research diversity experts don’t want you to read.”

 

Institutional Investor (March 7)

2017/ 03/ 10 by jd in Global News

State Street Global Advisors (SSGA) is taking the lead to promote board diversity just as it took the lead to reduce board tenure. SSGA “is calling for companies to include more women on their boards, or be prepared for the $2.4 trillion asset manager to start voting down board director candidates at the proxy level in order to force the issue.” SSGA has put 3,500 companies on notice that they have “about a year to increase diversity on their own before SSGA starts influencing their selection of board directors at the proxy level.”

 

LA Times (August 28)

2016/ 08/ 30 by jd in Global News

The U.S. is undergoing de-masculinization. “Our gender turfs were once distinct—women never grabbed a grease gun, nor men a flour sifter. But they become more intermingled with each passing year.” There are now more female drivers than male drivers. Stay-at-home dads, rather than moms, are now present in over 2 million homes. And “women are now the majority of top-performing college students headed toward jobs in middle and upper management.”

 

New York Times (April 14)

2015/ 04/ 14 by jd in Global News

“Progress in closing the gender pay gap has basically stalled over the past decade.” In the U.S., women make roughly 80% of what males receive, up from 59% in 1963 when the Equal Pay Act was signed. “The longer the gap persists, the less it can be explained away by factors other than discrimination.”

 

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