At the recent Global Inclusive Growth summit hosted by the Mastercard Centre for Inclusive Growth, we heard how gender inequality is bad for growth and leaves ‘trillions on the table instead of catapulting gross domestic product (GDP) growth.’ This was further evidenced with data from the African Development Bank which noted that bridging the $42 billon spending gap for female entrepreneurs in Africa would unlock $300 billion of extra GDP.
GDP growth is not the answer…
Rebecca Hanshaw