Tuesday, March 16, 2010

The Daily Stat: To Improve Business in the Developing World, Educate Women

Executives believe that education will be the top driver of economic growth in the developing world for the next decade, according to a recent McKinsey survey. Improving the education of women is especially effective. One extra year of secondary schooling for women increases future wages 10% to 20%(compared with 5% to 15% for men), and women reinvest a larger portion of their income in health and education than men.
Top Drivers of Economic Growth
Source: Rethinking how companies address social issues

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