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In fact, new research from the McKinsey Global Institute finds that Asia-Pacific economies could boost their collective GDP by $4.5 trillion per year by 2025, just by accelerating progress toward gender equality.According to MGI, 58 percent of the gains in the Asia-Pacific region would come from raising the female-to-male ratio of labor-force participation, 17 percent from increasing women's work hours, and the remaining 25 percent from having more women working in higher-productivity sectors.But equality at work goes hand in hand with gender equality in society.There are five areas in the Asia-Pacific region where governments, companies, and non-governmental organizations could start to make meaningful progress.Globally, the value of women's unpaid work performed is three times higher than that of men, whereas in the Asia-Pacific region, it is four times higher.Globally, there are fewer than 40 women for every 100 men in leadership positions (including in politics), and in the Asia-Pacific region, that figure falls to around 25 .Across the Asia-Pacific region, 44 percent of respondents said men make better leaders than women.For example, Asia-Pacific countries could come together to provide more financing for gender-equality initiatives, and to encourage more gender-based investment and budgeting.
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