Equality for women = prosperity for all The disastrous global crisis of gender inequality

Augusto López-Claros

Book - 2018

Examines the "direct relationship between a woman's rights and freedoms and the economic prosperity of her country"--Dust jacket flap.

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Subjects
Published
New York : St. Martin's Press 2018.
Language
English
Main Author
Augusto López-Claros (author)
Other Authors
Bahíyyih Naḵẖjavání (author)
Edition
First edition
Physical Description
viii, 312 pages ; 25 cm
Bibliography
Includes bibliographical references and index.
ISBN
9781250051189
  • Acknowledgments
  • Introduction
  • 1. The People Problem
  • 2. The Virus of Violence
  • 3. Women and Work
  • 4. The Culture Question
  • 5. Rights and Wrongs
  • 6. Education for Equality
  • 7. The Costs of Inequality
  • Notes
  • Bibliography
  • Index
Review by New York Times Review

An unconventional collaboration between a former World Bank economist and a novelist, "Equality for Women = Prosperity for All" analyzes how women's exclusion from work and educational opportunities inhibits economic growth. López-Claros and Nakhjavani set out to prove the equation in their title by examining the fiscal ramifications of social phenomena like "son preference," domestic violence, workforce gender imbalance, job segregation, cultural taboos, civil rights and education. The book serves largely as a showcase for data collected by the World Bank's Women, Business and the Law initiative, and provides a convincing argument that women's rights and education can stimulate economic growth at the national level, in some cases dramatically. The book is guided by an economist's sensibilities, and Nakhjavani's lyrical novelist's ear rarely manages to mitigate the dryness of López-Claros's writing. As a reading experience, it leaves something to be desired - a lost opportunity, given the inherent drama and moral stakes of their argument. But the book's most distracting flaw is that morality itself seems tangential to its thesis. Viewing women primarily as human capital with earning potential, rather than as human beings with imaginations, desires, enthusiasms and senses of humor, makes sense for the calculations of an economist. But the posture becomes distracting when, for example, the book shifts abruptly from a discussion of Maria Da Penha, a Brazilian woman whose abusive husband twice attempted to murder her in 1982 (first with a gun, then by electrocution and drowning), to the impact that domestic violence can have on women's productivity at work. López-Claros and Nakhjavani are persuasive in arguing that such systematic mistreatment of women impedes economic growth and leads to lost revenue, lost opportunities and wasted money. But it's depressing to think that anyone would need to make such a crass economic case in advocating for women's rights.

Copyright (c) The New York Times Company [July 11, 2019]
Review by Booklist Review

The unequal treatment of women stifles the development of nations as much as women. Economics scholar Lopez-Claros joins Iranian author Nakhjavani to examine how laws restricting women and the misallocation of resources to favor men have had disastrous effects on the economies of many nations. They explore history and traditions from the mid-nineteenth century to today and present examples of inequality that have resulted in endemic poverty, violence, and social instability. Inequality can be as subtle as dispersal of misinformation and suppression of critically important information in the guise of love and protection of women. It is also as brutal as laws and customs that severely limit women's autonomy. Whether nuanced or codified, these practices have fostered the concentration of family wealth with males and preferences for sons, which have resulted in the aborting or killing of baby girls. The authors compare the economies of gender-biased nations to those that promote equal rights, demonstrating the profound impact of inequality. The bottom line: When men walk in partnership with women, it is to their own advantage. When they do not, economies fail. --Vanessa Bush Copyright 2018 Booklist

From Booklist, Copyright (c) American Library Association. Used with permission.
Review by Publisher's Weekly Review

In this convincing collaboration, World Bank economist Lopez-Claros and novelist Nakhjavani (The Woman Who Read Too Much) argue that the costs of denying women equal opportunities for health, education, legal protection, and employment are "just too high to pay any longer." From an economic standpoint that views women as human capital and gender inequality as "a waste of human resources," the authors demonstrate that full human rights for women is not only a moral and political issue but also "an issue of economic efficiency." They draw on hard-hitting statistics to illustrate the "female deficit" in the world population (in 2015, "there were some 101.6 males for every 100 females"), the lost productivity due to violence against women, and the numerous economic indicators that improve when women are granted equal voice and pay in the workplace (the authors note that according to research consultancy MSCI, companies with women on boards are "correlated with higher return on equity than companies without such leadership"). Practical, intelligent, and focused on solutions ("Whenever mothers are educated, there is a higher probability their daughters will be too"), this book combines sound research across several disciplines to prove the simple math of its title and make the pressing case that governments should prioritize gender equality for reasons of economic stability if nothing else. (Oct.) © Copyright PWxyz, LLC. All rights reserved.

(c) Copyright PWxyz, LLC. All rights reserved
Review by Kirkus Book Review

An economist and a novelist team up to show that when women don't flourish, neither does the GDP.Drawing in part on data from the World Bank's Women, Business and the Law project, Georgetown School of Foreign Service senior fellow Lopez-Claros, the former director of Global Indicators at the World Bank and chief economist at the World Economic Forum, and Nakhjavani (UsThem, 2017, etc.) argue that discussions of sexism must take economics into account, because the actual "price we are paying for inequality is too high." With almost overwhelming force, the authors demonstrate the widespread persistence of gender inequality. As they note, in more than a dozen countries, husbands can legally prevent women from accepting paid employment; in Africa and South Asia, too few girls attend secondary school; and nearly 40 percent of people surveyed in 60 countries over four years agree that, when jobs are scarce, men should have more rights to paid employment than women. Lopez-Claros and Nakhjavani go on to demonstrate the economic consequences of inequality. For example, violence against women is commonplace, and female victims have diminished economic productivity. What's to be done? Some of the authors' conclusions are unsurprisinge.g., women who have control over reproduction have greater career choice. In their attempt to address religiously motivated gender discrimination, the authors blandly and patronizingly suggest that "perhaps the time has come to distinguish between the universal principles in all faiths and the cultural mirages we elevate to the level of religious doctrine." They are more persuasiveand more energizingwhen they offer specific policy ideas, such as the suggestion that state-sponsored pensions and health care could reduce "gendercide." As they point out, the belief that sons are necessary protections against the economic ravages of aging often animates couples' preferences for sons (and their practice of sex-selective abortion).Impressive in scope and alternately inspiring and depressing. Copyright Kirkus Reviews, used with permission.

Copyright (c) Kirkus Reviews, used with permission.