World Bank: Women, Business and the Law 2012

Women, Business and the Law 2102 – Removing barriers to economic inclusion.

  • “UN Women informs us that “women perform 66 percent of the world’s work, produce 50 percent of the food, but earn 10 percent of the income and own 1 percent of the property.” To shed light on why this grim statistic still holds true, Women, Business and the Law aims to examine legal differentiations on the basis of gender in 141 of the world’s economies. In order for men and women throughout the developing world to have access to an earned income and own property, effort in a broad range of areas, from security and infrastructure to education and health is required. In recent years, we have seen an increasing number of governments devote efforts to the formulation of sounder business regulations. The World Bank’s Doing Business publication, which tracks reforms in business regulations critical for small- and medium-size domestic firms, highlights the efforts being made in countries as varied as Peru and Kazakhstan, Vietnam and Cape Verde, Hungary and China. And we see increasing evidence of the impact of these reforms on the formal registration of firms, access to finance and job creation. But how can we ensure that, as governments go about improving business regulation, women entrepreneurs and workers benefit alongside men? To answer this question, we must examine those regulations and institutions which differentiate between women and men in ways that affect their incentives or capacity to work, earn an income, own and manage property or set up and run a business.”
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