Policy Wise

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A new report by Pricewaterhousecoopers makes an interesting revelation: Women may be doing better in business in developing countries than in the developed world,

Samuel DiPiazza, global head of PwC, said: “The cultural and societal norms and perceptions in developed countries are much deeper and long-lasting, especially when it comes to business.

“In some countries such as Germany and Switzerland, there are cultural and social perceptions of women that make advancement much more challenging. Whereas in the developing world, where there is a huge cry for talent, where there is enormous growth, you must be able to adjust to these norms faster.”[link]

Interestingly, the report claims that China’s much-maligned one-child policy has actually advanced gender equality,

In China, the controversial one child policy was established to control population growth, but the Chinese interviewees saw it as having a positive effect on women’s participation in the workforce.Families with a daughter, for example, have been active in promoting gender equality, which has brought a shift of perceptions in the country. They have also lavished investment on education for their single child, male or female.In addition, daughters do not have to compete with male siblings for parental recognition, which has translated into higher self-esteem for women.

Of course, things are not so rosy everywhere.

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