Gender inequality has cost world $70 trillion since 1990: Report
Photo: MintPremium
. Updated: 05 Mar 2021, 08:33 PM IST PTI
The report also notes that full gender equality globally can increase the world GDP by up to $28 trillion by 2025 and the loss of human capital wealth due to gender inequality alone is estimated at $160.2 trillion
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MUMBAI :
With many reports confirming women and other socially-disadvantaged sections have suffered the most during the pandemic, economists at BofA Securities have tabulated the cost of lack of gender diversity and inclusion, saying it will take 257 years to close the gap at the current rate, and not doing this has cost the world a whopping $70 trillion since 1990.
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