New Delhi: As Global Economy enters its third year of continuous disruption due to covid pandemicIt will take 132 years (compared to 136 in 2021) to close gender gapThis has been revealed in a report released by the World Economic Forum (WEF).
Iceland remains the world’s most gender-equal country, followed by Finland, Norway, New Zealand and Sweden, the report showed and cautioned that with a wide gender gap in the labor force, the cost of living crisis Women are expected to be affected the most. Other countries in the top 10 include Rwanda, Nicaragua, Namibia, Ireland and Germany.
According to the report, India ranks 135th out of 146 economies, but India and Sri Lanka have made progress in bridging the gender gap in the share of women in senior positions. “Since 2021 on land reforms, India records the most significant and positive changes in its performance on economic participation and opportunity. Labor-force participation has declined for both men (-9.5 percentage points) and women (-3 percentage points) since 2021. However, in every other indicator, India has increased relative to the weighting of the other indicators on the subindex,” according to the report.
South Asia (62.3%) has the largest gender gap of all regions, with low scores across all measured gender gaps and little progress in most countries since the last edition. At its current pace, it would take 197 years to bridge the gender gap in the sector. The economic gender gap has closed to 1.8%, with an increase in the share of women in professional and technical roles in countries including Bangladesh and India, as well as Nepal, the report said.
The report shows that only one in five of the 146 economies surveyed have managed to close the gender gap by at least 1% in the past year. As a result, while there have been gains over the past year, they have reduced the time taken to reach gender equality For only four years. According to the report, this progress is too small to compensate for the full generation shock recorded at the start of the pandemic in 2020-2021.
Iceland remains the world’s most gender-equal country, followed by Finland, Norway, New Zealand and Sweden, the report showed and cautioned that with a wide gender gap in the labor force, the cost of living crisis Women are expected to be affected the most. Other countries in the top 10 include Rwanda, Nicaragua, Namibia, Ireland and Germany.
According to the report, India ranks 135th out of 146 economies, but India and Sri Lanka have made progress in bridging the gender gap in the share of women in senior positions. “Since 2021 on land reforms, India records the most significant and positive changes in its performance on economic participation and opportunity. Labor-force participation has declined for both men (-9.5 percentage points) and women (-3 percentage points) since 2021. However, in every other indicator, India has increased relative to the weighting of the other indicators on the subindex,” according to the report.
South Asia (62.3%) has the largest gender gap of all regions, with low scores across all measured gender gaps and little progress in most countries since the last edition. At its current pace, it would take 197 years to bridge the gender gap in the sector. The economic gender gap has closed to 1.8%, with an increase in the share of women in professional and technical roles in countries including Bangladesh and India, as well as Nepal, the report said.
The report shows that only one in five of the 146 economies surveyed have managed to close the gender gap by at least 1% in the past year. As a result, while there have been gains over the past year, they have reduced the time taken to reach gender equality For only four years. According to the report, this progress is too small to compensate for the full generation shock recorded at the start of the pandemic in 2020-2021.