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Like so many other women in the United States, the ‘MeToo’ Movement compelled me to examine my own professional climb in business. While I never experienced sexual harassment or assault in the workplace at the company I co-founded, I did feel undermined, undervalued, sexually uncomfortable, and simply minimized in the workplace because of my gender. I had been bullied by male peers, faced with overhearing crude sentiments about other women, and I had even been passed up for career advancement due to my gender.
During it all, and despite it all, I was lucky enough to have travelled far and wide. Through these travels I learned how common it is for women in developing countries to be marginalized in ways far more extreme than even the worst narratives exposed by the MeToo Movement. I came to quickly understand that the level of marginalization in almost every instance is more of a cultural norm than it is an exception. In most cases, women not only lack the power to change the status quo, but they lack an understanding of the importance of being equal citizens in their own communities.
I couldn’t shake any of it. The current model of business concentrates wealth at the top of the economy — causing extreme economic inequalities that often leave the poorest women and girls behind. Our current model constrains women’s economic empowerment because it does not create decent work opportunities. It does not require fair wages, nor does it recognize or address issues of unpaid work. Our current model does not leave room for opportunities, particularly for the poorest and most marginalized female workforce who need it the most.
Gender inequality in the economy costs women in developing countries $9 trillion a year. Evidence from a number of regions and countries shows closing this gap leads to overall reductions in poverty: In Latin America, an increase in the number of women in paid work between 2000 and 2010 accounted for around 30 percent of the overall reduction in poverty and income inequality experienced in the region. In the US, if women were paid equally to men of comparable education and age, the poverty rate for working women and their families would be cut by half.
As a member of the 1% female tribe in the Western world, I believe it’s my responsibility to leverage not only my education, professional experience, but also the hard work, learnings, perseverance and strength of the men and women who paved the way for me to achieve success in my own country to serve our female counterparts in developing nations.
As our global economy becomes more interconnected, we not only have a responsibility to work together, but also to respect cultures, traditions, and elements that make our world so incredibly unique.