Economic Gains from Gender Inclusion: Even Greater than You Thought

2019-03-13T11:47:26-04:00November 28, 2018|

By Christine Lagarde and Jonathan D. Ostry

November 28, 2018

عربي, 中文, Español, Français, 日本語PortuguêsРусский

Raising women’s participation in the workforce can give a bigger boost to growth than previously thought (photo: Ahrens/Steinbach Projekte/fotogloria/Newscom)

Despite some progress, the gaps in labor force participation between men and women remain large. […]

Foreign Help Wanted: Easing Japan’s Labor Shortages

2019-03-27T15:23:44-04:00August 24, 2015|

By Giovanni Ganelli and Naoko Miake

(Version in 日本語)

Take a walk in Tokyo, and you will see the sign スタッフ募集中, or “Staff Wanted”, outside many restaurants and convenience stores. These businesses often find it impossible to recruit the workers they need. According to recent statistics, for each job seeker in Japan applying to work as a waiter, there are more than three available positions. Home helpers and long-term caregivers are equally in demand. If you want to work as a security guard, you can choose from around five openings, and for some positions in the construction business the job-to-applicant ratio is over six.

Japan’s labor shortages are the result of both a shrinking population—which limits the overall pool of workers—and skill mismatches. The reduced supply of labor is one of the factors bringing down medium-term potential growth, which the International Monetary Fund estimates at just 0.6 percent. Labor market shortages are also bad for short-term growth, because they reduce the effectiveness of the monetary and fiscal stimulus that the authorities are using to try to boost demand.

[…]

Fair Play—Equal Laws for Equal Working Opportunity for Women

2017-04-14T01:46:01-04:00February 23, 2015|

2014MDNEW_04By Christine Lagarde 

(Versions in 中文, Français, 日本語Русскийعربي and Español)

Leveling the legal playing field for women holds real promise for the world—in both human and economic terms. Unfortunately, that promise remains largely ignored and its potential untapped. In too many countries, too many legal restrictions conspire against women to be economically active—to work.

What can be done to remove these barriers?  A new study done by IMF economists seeks to answer that question.

The bottom line? It’s about a fair, level playing field.

[…]

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