Katja Iversen: Research shows when women have the opportunity to participate in the formal labor force and have an income, it increases their influence and decision-making power within their families and communities. It also shows that women to a larger extent reinvest their earnings in their children’s health and education, creating a ripple effect that benefits future generations. Beyond the social benefits, can you also expand on the economic benefits of empowering girls and women?
Christine Lagarde: Empowering women can transform lives and society. Women’s empowerment can strengthen an economy in several ways—greater gender equity can support growth, social inclusion, and economic resilience.
A recent study by IMF found that the macroeconomic benefits of greater gender inclusion are actually even greater than previously estimated...