The Global Gender Gap Report 2014 by World Economic Forum came out fresh today. I have been waiting for this for weeks! It states “Through the Global Gender Gap Report 2014, the World Economic Forum quantifies the magnitude of gender-based disparities and tracks their progress over time. While no single measure can capture the complete situation, the Global Gender Gap Index presented in this Report seeks to measure one important aspect of gender equality: the relative gaps between women and men across four key areas: health, education, economy and politics.”
The report looks at areas of Health, Education, Economic Participation and Political Empowerment. Collecting data over 9 years, this 2014 extensive study covers 142 economies.
The most exciting thing in the report for me is that while no country in the World has closed the gender gap fully, the Nordic countries are the closest to it, closing over 80% of the gender gap.
Iceland, Sweden, Norway, Finland and Denmark occupy the top 5 spots in the ranking. But what do they do differently? Let me give you a hint: more women leaders & a quota system to ensure the latter.
Not surprising that Sweden is among the top countries. Compared with national parliaments worldwide, Sweden enjoys the highest proportion of women parliamentarians. Even in 2002 in Sweden, parliament consisted of 45 percent women, which is exceptionally high compared to the international average that was 15 percent. Today, Sweden still has 43.6% female parliamentarians, while the representation of women in Australia’s parliaments hovers around the ‘critical mass’ of 30 per cent regarded by the United Nations as the minimum level necessary for women to influence decision-making in parliament.
And where are we in the Gender Gap report? Australia ranks number 24 on the list with a score of 0.7409 behind countries like Bulgaria and Slovenia.
The report highlights that while many countries have improved, a lot fell behind.
People and their talents are the key resources driving economies and therefore it is crucial to leverage the potential of the entire nation in order to move forward and stay competitive.
We are discussing the Gender Gap at our next event in Sydney: