New report from UN Women unveils far-reaching policy agenda to transform economies and make gender equality a reality

“Progress of the World’s Women 2015-2016: Transforming Economies, Realizing Rights” offers an economic perspective to include women for the benefit of all societies.

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UN Women today launches “Progress of the World’s Women 2015-2016: Transforming Economies, Realizing Rights” in seven cities: Alexandria, Bangkok, London, Mexico City, Nairobi, New York City and Sydney.

This UN Women flagship report highlights how economies have failed to guarantee women's empowerment and the full exercise of their economic and social rights, in rich countries and poor countries. It also argues that the transformation of economies, to ensure that women's rights become a reality, is possible by constructing economic and human rights policies that promote far-reaching changes.

Progress sets out a vision of a global economy fit for women, where they have equal access to productive resources and social protection, which provides them with sufficient income to support an adequate standard of living. In such an economy, the work that women do would be respected and valued; stereotypes about what women and men can and should do would be eliminated; and women would be able to work and live their lives free from violence and sexual harassment.

However, the data and analysis presented show that this vision is still far from reality. Globally, only half of all women in the world are part of the labour force, compared to three-quarters of all men. The participation of women in the Latin

America and the Caribbean labour market experienced the largest increase compared to all global regions - from 40 to 54 percent between 1990 and 2013; but it is still far below the participation of men (80%).

The report also highlights the persistent gaps in the salaries of men and women: worldwide, women earn on average 24 percent less than men; in Latin America and the Caribbean this figure is 19 percent.

Additionally, in the region, 59 percent of women’s jobs are located in the informal sector without labour legislation and social protection. Paid domestic work, which is usually informal and unprotected by labour laws, accounts for 17 out of every 100 economically active Latin American women.

Women still carry the burden of unpaid domestic and care work. In those countries in the region with time use surveys, it is evident that women perform two to five times more unpaid domestic and care work than men, which limits their educational and employment opportunities, and leaves them less time to rest, leisure or political participation.

“Our public resources are not flowing in the directions where they are most needed: for example, to provide safe water and sanitation, quality health care, and decent child- and elderly-care services. Where there are no public services, the deficit is borne by women and girls,” said UN Women Executive Director Phumzile Mlambo-Ngcuka. “This is a care penalty that unfairly punishes women for stepping in when the State does not provide resources and it affects billions of women the world over. We need policies that make it possible for both women and men to care for their loved ones without having to forego their own economic security and independence,” she added.

Through case studies and concrete examples of change, the report introduces 10 key recommendations to move towards an economy that ensures women's empowerment and the exercise of their rights, and that is also beneficial for society as a whole and for the sustainable development of each country.

In the report, UN Women points out that an economy designed with women’s needs in mind would give them an equal voice in economic decision-making: from the way in which time and money are spent in their households, to the ways in which resources are raised and allocated at the national level, to how broader economic parameters are set by global institutions.

“If the economy worked for women, their life choices would not be constrained by gender stereotypes, stigma and violence; women could carry out their work without fear of sexual harassment or violence; and the paid and unpaid work that they do would be respected and valued,” said Luiza Carvalho, Regional Director of UN Women for the Americas and the Caribbean.

“We urgently needed a transformative agenda that allows greater equality and redistribution to build economies that work for women and men equally. Our region is moving forward, but we need to accelerate the pace towards substantive equality”.

“Macroeconomic policies can and should support the realization of women’s rights, by creating dynamic and stable economies, generating decent work and mobilizing sufficient resources to fund vital public services,” continued Carvalho. “Governments must move beyond old metrics of growth such as GDP and low inflation, and instead, they need to quantify the growth in terms of compliance with human rights.”

Regional Fact Sheet 

Executive Summary 

Access the complete report