Imagine . . . .
Imagine a world where everyone could achieve his or her full economic potential.
Now look at the world around you. Half the population — women — are prevented from doing so simply because of their gender. Government policies limit women’s participation in the economy through gender-differentiated laws, unequal regulations and a business environment that does not adequately support the businesses women are concentrated in — smaller, informal and more likely to be home-based.
A recent study found that removing gender gaps in the labor market would increase GDP by 27 percent in the Middle East and North Africa, by 23 percent in South Asia, and by around 15 percent in the rest of the world. But where do these gender gaps come from, and how best to remove them? One way is to identify the policies, laws and institutions that constrain women and to work with governments to reform them.
The World Bank Group’s Women, Business and the Law dataset fills a vital data gap by pinpointing where laws and regulations treat men and women differently and by highlighting opportunities for reform.