ECONOMIC BENEFITS OF GENDER EQUALITY IN THE EU - STEM

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Presentation transcript:

ECONOMIC BENEFITS OF GENDER EQUALITY IN THE EU - STEM Helena Morais Maceira Vilnius - 26 May 2017

Outline What?: the economic case for gender equality Why?: robust evidence to inform policy making - STEM Conclusions

Rationale Gender equality is a prerequisite for sustainable human development Gender equality has been a long standing policy commitment Inequalities persist in several policy areas These inequalities affect negatively individuals and society as a whole

Identify and generate robust evidence Approach Identify and generate robust evidence on macroeconomic and social impacts generated by improvements in gender equality Robustness Uniqueness

Gender equality boosts economic growth

STEM subjects dominated by men Share of women and men among tertiary graduates in STEM, 2014

Effect of narrowing the gender gap in STEM on GDP per capita  Improvement in GDP per capita by 0.7 to 0.9%  Improvement in GDP by €130 to €180 billion  Improvement in GDP per capita by 2.2 to 3.0%  Improvement in GDP by €610 to €820 billion

Effect of narrowing the gender gap in STEM on employment 1.2 million jobs

Gender Equality in STEM- Macroeconomic impact in the EU Spill-overs on labour market Improve long-term competitiveness of the EU economy Addressing labour market shortages by an increase in labour supply Foster economic growth via both higher productivity & increased labour market activity Reduce occupational segregation

Conclusions: STEM and Women’s Economic Empowerment Improve women's employment prospects & career progression Increase in wages for women Reduce wage gaps Increase women’s economic independence

Thank you! More about the study…. http://eige.europa.eu www.facebook.com/eige.europa.eu www.youtube.com/eurogender http://eurogender.eige.europa.eu