Launched by Goldman Sachs, 10,000 Women is a global initiative that will:
* Increase the number of underserved women receiving a business and management education
* Improve the quality and capacity of business and management education around the world
Abstract from FT article
The genesis for the effort, according to Lloyd Blankfein, Goldman chief executive, was research conducted by the bank’s employees indicating that boosting business education of women in developing countries could have a powerful multiplier effect on overall health levels and economic growth rates.
The research showed that closing the gender gap in employment in key emerging markets could lift per capita income 10-14 per cent above baseline forecasts by 2020.
It also indicated that higher levels of female education could have raised gross domestic product growth rates in emerging markets by 0.2 per cent over the past 10 years.
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GS Website
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