Women needed to solve financial crisis

Women will be a vital force in helping rebuild the economy, The World Economic Forum has been told.

A report by Ernst & Young, timed to coincide with the meeting of world leaders in Davos, Switzerland, argues that struggling economies need to encourage efforts of women as leaders, entrepreneurs and employees.

Groundbreakers: Using the strength of women to rebuild the global economy analyses current research on occupational and wage disparities between women and men and diversity as a mathematical equation for success.

“The power is in the purse strings,” Catalyst Consulting CEO Ilene H. Lang told Consultant News. “What's good for women is good for men, business and the global economy.”