Our CEO, Prof. Nikica Mojsoska Blazhevski, gave a keynote speech at the “Western Balkans Women in Business Regional Forum” organized by EBRD, in Skopje, Macedonia. The topic of the speech was “Women and the Labor Markets in Macedonia and Western Balkan Countries and Turkey (WBT)”.
Mojsoska Blazhevski mainly focused on the societal and economic losses for the WBT region and globally, from the gender disparities in the labor markets. For instance, Macedonia loses 16% of GDP per year due to gender gaps in labor force participation, self-employment and entrepreneurship (Cuberes and Teignier, 2016). Globally, the loss in human capital wealth due to gender inequality is estimated at $160.2 trillion, if we simply assume that women would earn as much as men, and total wealth could increase by 14% globally with gender equality in earnings (WB, 2018). Very few women achieve the highest leadership positions: Only 5% of Fortune 500 CEOs are women. Mojsoska Blazhevski also discussed the main determinants of the gender inequality, as well as potential remedies for mitigating those disparities.
The presentation can be assessed on the following link HERE.
The study can be assessed on the following link HERE.