On average, Mongolian women are better educated than their male peers, yet they are less likely to make use of this education. Instead, the gender gap in labour force participation rates has more than doubled in the last twenty years, exceeding 12.6 percent today. A new World Bank study helps understand the underlying constraints behind gender disparities and provides critical recommendations to address them.
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Scooped by
Graham Watson
onto International Economics: IB Economics June 19, 2018 2:32 AM
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This World Bank clips flags up the growth in female participation in Mongolia's labour force, and the policies that have been adopted to encourage it.
But think about it - women are better educated than men, and previously were largely excluded from the workforce. Thus, any increase in female participation will boost LRAS, but the same is also true, even if a given number of women replace men: their education means that even though the quantity of people in the labour force remains the same, the quality has improved.
As a result, it is also likely to enhance development.