Issue No. LXXIII, February 1, 2010

THIS ISSUE’S HIGHLIGHTS:

    I. GLOBAL SUMMIT OF WOMEN AT SHANGHAI WORLD EXPO

    II. DONATING TO HAITI EARTHQUAKE DISASTER VICTIMS

    III. THE ECONOMIC RISE OF U.S. WIVES

    IV. RANKING COUNTRIES IN TERMS OF WOMEN’S BUSINESS LEADERSHIP: THUNDERBIRD REPORT

Featured in this Issue:


 

Kazakhstan Pavilion

Iceland Pavilion

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Women Such as These Need Your Support

 

 

 

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Countries with Extensive Participation of Women in Business Leadership–Women in low and middle levels of business and a few at the highest level

Australia
Austria 
Bolivia 
Botswana
Canada
Cape Verde
Colombia
El Salvador
Finland
France
Ghana
Ireland
Latvia
Honduras
Hungary
Netherlands
Nicaragua
Paraguay
Portugal
Switzerland
United States
Uruguay

 

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I. GLOBAL SUMMIT OF WOMEN AT SHANGHAI WORLD EXPO

The Global Summit of Women, which will be celebrating its 20th anniversary at its gathering in Beijing, China from May 20-22nd, will have an official delegation of Summit participants to the 2010 World Expo hosted by Shanghai, China. “We are pleased to bring some of the world’s leading business and government leaders to this global showcase of economic, scientific, cultural and technological innovations, in which many countries of the world are participating,” states Summit President Irene Natividad.

Following its successful hosting of the Olympics, China will once again host the world at this exposition whose theme is “Better City, Better Life,” reflecting the increased urbanization of the world and China’s vision of a City of Harmony in the future, in which diverse cultures can co-exist.  The World Expo symbol represents you/me/his/her holding hands and epitomizes the family of mankind.

Visit your country’s pavilion and view all the others in a special Summit World Expo package (May 23-26, 2010) directly following the Beijing Summit; for US$600 this package includes:

  • airfare to Shanghai from Beijing
  • three nights’ stay at a five-star hotel
  • two one-day passes (May 24-25th) to the World Expo
  • half-day sightseeing in the exciting city of Shanghai
  • ground transport to the airports
  • ground transport to and from the World Expo each day

This offer is only available to Summit registrants.  Click here to learn more about joining the Summit's delegation to the World Expo.

II. DONATING TO HAITI EARTHQUAKE DISASTER VICTIMS

Following its tradition of supporting those in need due to extraordinary events, the Global Summit of Women is donating an initial US$5,000.00 to the World Food Program of the United Nations for the victims of the devastating earthquake in Haiti. It is estimated that food donations will be needed for many months since Haiti’s economy is in tatters, and its infrastructure and housing have been devastated by this natural disaster. The Summit urges all within its family to donate whatever they can to either the World Food Program, Save the Children or the UN Foundation. Haiti is in such weakened state that its people will need assistance far longer than the immediate relief efforts, so please be generous. Many of you have already responded, but more is needed.

The Global Summit of Women raised US$33,000 at the 2008 Vietnam Summit for victims of the earthquake in China as well as for those devastated by the tsunami in Myanmar. Donations were given through the All China Women’s Federation for the women and girls in Sichuan province and to the World Food Program, which was distributing food to Myanmar. Similarly, US$10,000 was raised and given at the 2002 Barcelona Summit for the training of Afghan women in livelihood projects upon the occasion of the Interim Vice Chair of Afghanistan Sima Samar’s speech to the Summit.

III. THE ECONOMIC RISE OF U.S. WIVES

Surprise findings from U.S. Census data in a recent report by Pew Research Center indicate that U.S. wives are increasingly better educated than their husbands and that one in five are the major wage earners in their households. Whereas in the past women who married gained economic status, now the reverse is true.  American men now get an economic boost when they marry, especially when they marry women with equal or higher level of education.  Men are still the dominant wage earners since women are paid less, but the percentage of women who earn more than their husbands grew from 4% in 1970 to 22% in 2010.  (Source:  Washington Post, 1/19/10.)

These economic changes come at a time when American women comprise the majority of college graduates.  This clearly shows that education plays an important role in income.  The report also showed that high earning women now exercise more economic authority within a marriage over major purchases and household finance.  Does economic independence lead to a higher rate of divorce?  Not necessarily.  Statistics show that the more economic independence a woman gains, the more likely she is to stay married.  In states where fewer wives have paid jobs, divorce rates tend to be higher, according to a 2009 report from the Center for American Progress. (Source:  New York Times, 1/24/10.)

Women still carry a higher burden for double work, however.  Even among dual earning couples, women still do about two-thirds of the housework, according to a University of Michigan survey of Families and Households.  But men’s contribution to housework has doubled and their share of childcare has tripled.  American couples who share employment and housework are less likely to divorce compared with couples where the man is the sole breadwinner.

IV. RANKING COUNTRIES IN TERMS OF WOMEN’S BUSINESS LEADERSHIP: THUNDERBIRD REPORT

An Assistant Professor at Thunderbird’s Walker Center for Global Entrepreneurship, Amanda Bullough, recently developed a ranking of 115 countries based on women’s participation in business leadership.  Her results challenge the assumption that developing countries can be lumped together as less progressive in terms of women’s progress.  Her paper found several developing economies with high rates of women in business – Ghana, Rwanda and Botswana, for example – which were in the same cluster as Switzerland, Canada and the United States.

Amanda Bullough

Meanwhile, developed countries such as Germany and Japan ranked low in women’s business leadership participation.  The lowest level in Dr. Bullough’s scale were countries with minimal participation of women in business leadership – India, Turkey, Pakistan and Afghanistan.  “Until you can establish security and health care and basic nourishment, you’re going to have a tough time getting anybody – women or men – involved in entrepreneurship or business leadership,” states Dr. Bullough.  She also added that “countries with high proportions of women in political leadership do not necessarily have high proportions of women in business leadership.”

The fifth or highest level for countries with complete equality of women and men across industry and occupational roles has yet to be achieved, in her view, by any country.  (Source:  A, Bullough, “Institutional Factors Affecting Women’s Participation in Business Leadership Around the Globe.”)

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