South Korea 118th in gender equality ranking

Faith Castro
November 3, 2017

Having once held a position of 9th in the world in 2006, the United Kingdom was 15th overall in 2017 in terms of its gender gap, a ranking generated from ratings in four areas; health, education, the workplace and political representation.

Sociologists have noted that if the struggle for gender equality will be held at the current rate, then wait for the result will have at least a hundred years, although last year the situation was only talking about 83 years of waiting.

"Every P100 men earn, women earn P76, which is quite shocking if you think about that", Leopold told ANC.

South Africa dropped four places to 19th overall, making it the third most gender equal country in sub-Saharan Africa after Rwanda which came fourth globally and and Namibia which placed 16th.

Despite the decline, Leopold highlighted how women in the Philippines play strongly in politics and the economy.

It is the second year in a row that the Swiss non-profit has recorded worsening economic inequality, which is calculated by measuring how many men and women participate in the labour force, their earned incomes and their job advancement. That compares to education parity, which could be reached in 13 years, it predicts. The country is only 77% of the way to gender parity in economic opportunity, a gap that's been narrowing, but not as quickly as in other countries. Economics is a particular area of concern, Zahidi said, because women do a disproportionate amount of unpaid work, like childcare. Countries in Eastern Europe possess a broad talent pool of highly educated women but are failing to reap the full rewards of that latent potential. And the country dropped from first to 31st in an index of economic participation and opportunity for women. One metric was life expectancy: Chinese women outlive men by less than two years on average, compared with a global average of five years.

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According to the report, global GDP could increase by $5.3 trillion by 2025 if the gender gap in economic participation is closed by 25% over the same period.

However, gender equality does appear to promote better economic performance, according to numerous studies.

Political empowerment has the widest gender gap with only Iceland having closed more than 70 percent of the gap.

WEF said Switzerland's 10-place drop was due to a widening gender gap on the Political Empowerment subindex.

This year's report sees no new entrants to the top 10, which is dominated by smaller Western European countries, and particularly the Nordics with Iceland, Finland, and Norway occupying the top three positions.

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