“It’s about the sheer scope for growth — 6 per cent is what we arrived at for advanced economies; for emerging market countries it’s even higher,” Fordham said. Removing those barriers could boost OECD growth by between 6 per cent and 20 per cent, they estimated. LONDON—Improving gender equality could significantly boost growth in advanced economies over the coming decades, according to Citigroup Inc. Policies reducing gender inequality are vital given relatively sluggish growth prospects in advanced economies and the more limited potential of other reforms, the report said. Both Canada and the U.S. nevertheless have a gender wage gap that exceeds the OECD average.

Source: thestar November 16, 2017 19:30 UTC