Decision-making in the finance sector is largely dominated by men. Men take important decisions that influence overall economic development, monetary stability, employment and growth — all factors which touch the lives of women and men in different ways. Challenging these gender inequalities will be necessary to achieve the objectives of the Europe 2020 strategy on smart, sustainable and inclusive growth...
The study on the economic benefits of gender equality is unique in the EU context. It is the first of its kind to use a robust econometric model to estimate a broad range of macroeconomic benefits of gender equality in several broad policy areas such as education, labour market activity and wages. It also considers the demographic consequences of such...
To analyse how gender equality measures can contribute to economic growth in the EU, the European Institute for Gender Equality (EIGE) studied the impacts of reducing gender inequalities in areas relevant from a macroeconomic perspective: STEM (science, technology, engineering and mathematics) education, labour market activity and pay. It also considered the demographic changes when these gender gaps are reduced. The...
Getting more women into STEM (science, technology, engineering and mathematics) education will have a positive impact on economic growth in the European Union. However, despite good employment opportunities and highly productive jobs in this area, there is currently a low proportion of women studying and graduating in STEM subjects. A study from the European Institute for Gender Equality (EIGE) on...
The study on the economic benefits of gender equality is unique in the EU context. It is the first of its kind to use a robust econometric model to estimate a broad range of macroeconomic benefits of gender equality in several broad policy areas such as education, labour market activity and wages. It also considers the demographic consequences of such...
Increasing women’s participation in the work force and closing the pay gap between women and men will have a positive impact on economic growth in the European Union. Despite recent improvements, there are still persistent gender gaps in labour market activity and pay, which result in lower employment rates for women, potentially limiting EU growth. Addressing these issues is crucial...
In 2015-2016, the European Institute for Gender Equality commissioned research to assess how improvements in gender equality can contribute to sustainable, inclusive and smart economic growth of the EU. The main purpose of the country case overviews is to identify economic impacts of gender equality that can be modelled at macroeconomic level. Further information Economic Benefits of Gender Equality: Interactive...
In 2015-2016, the European Institute for Gender Equality commissioned research to assess how improvements in gender equality can contribute to sustainable, inclusive and smart economic growth of the EU. This study is unique in the EU context, as it uses a robust econometric model to estimate economic impacts of improved gender equality in several broad areas such as education, labour...
Globalisation, technological change, information and communication advances have led to important changes in the employment structure and skills content of jobs. The complexity of jobs is increasing across all sectors and occupations and there is inflation in relative skills demand, even for low-skilled jobs. Many low-skilled jobs now require greater literacy, numeracy and other basic skills. A number of already...
Almost one in four people in the EU live at risk of poverty or social exclusion. Living conditions, poverty levels and pathways into and out of poverty are different for women and men and also vary across the span of a person’s life. Young people (18-24) make up 10 % of all poor in the EU. While the risk of...
Improving gender equality has many positive impacts on individuals and also on society at large. A more gender‑equal EU would have strong, positive GDP impacts growing over time, a higher level of employment and productivity and could respond to challenges related to the ageing population in the EU. A study from the European Institute for Gender Equality (EIGE) on the...
The present report is part of EIGE's work on the economic benefits of gender equality in the European Union (EU). The aim of this study was to assess the wider socio-economic impacts of narrowing gender gaps as a result of the implementation of measures to improve gender equality in Europe. The report contains the research to inform the modelling approach...