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Wednesday, Apr 16th

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Women Hold 20% of Political Power Globally

Women Hold 20% of Political Power

Women, who constitute one half of world's human capital, are holding around 20% of the world's political power according to World Economic Forum's annual Global Gender Gap Report 2012. In 2011 it was noticed that political decision making gap reduced by 19%, whereas, presently the value has climbed just by 1%. The report solely portrays framework capturing leeway of gender-based disparity around the globe and it recently said that, numerous countries are looming in appropriate direction considering the gender gap. However, considering the minute changes in political decision making gap, it seems that the approach is sluggish where positive changes are seen at very small and slow rate.

The report benchmarks gender gaps based on economic, political, health and education criteria, considering approximately 135 countries worldwide. While taking into account the political power of women globally, the ranking works through various factors like maternal deaths, life expectancy and total number of female government ministers in those 135 countries. In case of education and health gender disparities, the recent report says that the gender gap is narrowing down at a faster rate. 96% of gender gap considering health has disappeared while 60% of labor gender gap has been closed which is by far a noteworthy change.

In United States, it is seen that only 17% of Congress comprises of women, which is invariant since 2005. Moreover, the country has tumbled down from 17th to 22nd position in overall index, from 2011 to 2012. According to the World Economic Forum (WEF) report, countries like Chad, Yemen and Pakistan are still lacking behind in women participation and rights, whether economically or politically. The countries score very less in case of economic participation and political empowerment of women. The Forum is working for rights of women in such countries as well as places where the gender gap is contracting at very slow rate.

For countries which are gradually advancing thus reducing the gender gap, the WEF is undergoing pilot projects, supporting and mentoring female owned projects. WEF will work with government and private companies of these countries to establish various programs, minimizing the gender gap. World is developing rapidly and this creates room for talent shortage. However, involving women in various fields is one of the utmost necessities to get along with the emerging trends and talent requirements.