South-east Asia gender balance implies growth benefit

Subject

Gender inequality, business and economic growth as ASEAN integrates economically.

Significance

South-east Asian economic ministers agreed at a summit earlier this month in Manila to work towards a more inclusive role for women in the ASEAN Economic Community (AEC).

Impacts

• Institutional changes will be needed for women to realise their full economic potential.
• Small and medium-sized businesses owned by women will struggle to access financing.
• Reform of parental leave and childcare would help retain vital skills in the workplace.