Economics
How Do You Boost GDP by $28 Trillion? Gender Equality Would Do It, McKinsey Says
- Gain would be size of U.S., China economies combined
- Companies must set clear targets for equality programs
This article is for subscribers only.
Denying women full participation in the global economy is costly. McKinsey & Co. has now calculated by just how much.
Full gender equality would add 26 percent, or $28 trillion, to global gross domestic product in 2025, according to a new report by the consulting firm’s research and economics arm.