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People protest against gender-based violence and femicide ahead of International Women’s Day, in Istanbul on March 3. Photo: Reuters
Opinion
Indermit Gill and Tea Trumbic
Indermit Gill and Tea Trumbic

International Women’s Day: when women win, the world wins

  • Women’s rights have made substantial progress in the past 50 years, but the evidence shows there is still a huge global gender gap
  • Progress in many critical areas has been overestimated, and many countries still fall short in protection against violence, access to childcare and more
In May 1988, Alejandra Arevalo became the first female geologist to enter an underground mine in Chile. In doing so, she defied a popular myth: that a woman brings bad luck by venturing into a mine. She also broke the law. At the time, Chilean women were forbidden to work in underground mining or in any other job that “exceeded their strength or put at risk their physical or moral condition”.

Arevalo’s defiance helped spark a revolution. By 1993, the restrictions on women in mining had been abolished. By 2022, women represented 15 per cent of the Chilean mining workforce, a threefold increase since 2007.

Equally substantial progress has occurred worldwide over the past half a century. Globally, women’s legal rights have improved by about two-thirds on average since 1970. Major reforms have dismantled a wide array of barriers that women face at all stages of their working lives, but especially in the workplace and parenthood. Yet, as the world marks this year’s International Women’s Day on March 8, it is clear that there is still a huge global gender gap.
In fact, the gap is much wider than previously thought. When legal differences regarding protections against violence and access to childcare are considered, women enjoy just two-thirds of the legal rights men do – not 77 per cent, as was previously believed. The World Bank’s latest “Women, Business and the Law” report finds that no country – not even the wealthiest ones – grants women the same legal rights as men.
The greatest deficiency involves safety: women enjoy barely one-third of the necessary legal protections against domestic violence, sexual harassment and femicide. Inadequate access to childcare services is another hindrance. Only 62 countries have established quality standards governing childcare services. As a result, women across 128 countries may have to think twice about going to work while they have children in their care.

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Indonesian women call for protection of domestic workers’ rights on International Women’s Day

Indonesian women call for protection of domestic workers’ rights on International Women’s Day
Moreover, the gender gap is wider than laws on the books might suggest. For the first time, the “Women, Business and the Law” project compared progress in legal reforms with actual outcomes for women in 190 economies, finding a surprising delay in implementation. Although laws on the books imply that women enjoy roughly two-thirds the rights of men, countries on average have established less than 40 per cent of the systems needed for full implementation.
For example, 98 economies have enacted legislation mandating equal pay for women for work of equal value, but only 35 economies – fewer than one out of every five – have adopted pay-transparency measures or enforcement mechanisms to address the pay gap.
That represents a colossal waste of human capital, and at precisely the moment when the world needs to marshal all its resources to escape the rising risk of economic stagnation. Today, fewer than one out of every two women participate in the labour force. By contrast, roughly three out of every four men do.
Closing that gap could help double global economic growth in the coming decade. The evidence is clear: economies with higher “Women, Business and the Law” scores tend to have larger female labour-force participation rates, stronger female entrepreneurship and more active female participation in political institutions. Gender equality, in short, is both a fundamental human right and a powerful engine of economic development.
Again, it is not enough merely to pursue equality in the laws on the books. What we need are comprehensive sets of policies and institutions – as well as a transformation of cultural and social norms in many countries – to empower women to become successful workers, entrepreneurs and leaders.
That means stronger enforcement mechanisms to tackle workplace violence, practical provisions for childcare services and easier access to healthcare services for women who survive violence.
Such policies enable women to remain employed without suffering career setbacks, help close the gender wage gap and reconfigure gender roles and attitudes related to workplace and household duties. As more women rise to leadership positions, they inspire new generations of girls to achieve their full potential.
Claudia Goldin speaks to a reporter at her home in Cambridge, Massachusetts, on October 9, 2023, after learning she had received the Nobel Prize in Economic Sciences for her work on the gender gap in the labour market. Photo: AP
Positive outcomes take time to realise, but they do happen. As Claudia Goldin, the winner of the 2023 Nobel Prize in Economics, has observed, the 1960s surge in US women rising to high-level jobs did not happen by accident. It was the product of a slow but steady accretion of legal rights.

“Even if the laws didn’t change women’s earnings, it made their lives better and expanded their options,” Goldin noted. “Workplaces became safer for them. They were no longer barred or excused from juries because of their presumed household responsibilities. They could not be fired when pregnant and could not be refused a job because they had children. They received better education and more resources, even as girls.”

Levelling the playing field presents crucial economic opportunities, and not just for women. When half of humanity wins, the whole world wins.

Indermit Gill is chief economist and senior vice-president for development economics at the World Bank

Tea Trumbic leads the World Bank’s Women, Business and the Law project

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