Countries are making progress toward greater gender equality, but women around the world continue to face regulations that limit their economic opportunities and the COVID-19 pandemic has created new challenges, the World Bank said on Tuesday.
“Reforms to remove obstacles to women’s economic inclusion have been slow in many regions and uneven within them,” the World Bank said in its Women, Business and the Law 2021 report.
The study, which covers September 2019 to October last year, said that there has been little change overall in the past few years, as women still have on average only three-quarters of the legal rights granted to men in the 190 countries reviewed.
The number of countries with perfect scores of 100 on the ranking rose to 10 in the latest review, compared with six previously, where men and women have equal legal rights: Belgium, Canada, Denmark, France, Iceland, Latvia, Luxembourg, Portugal and Sweden.
Another 27 economies enacted reforms to improve equality, while countries such as Yemen, Kuwait and Qatar scored below 30.
“Despite progress in many countries, there have been troubling reversals in a few, including restricting women’s travel without the permission of a male guardian,” World Bank president David Malpass said in a statement.
The pandemic has exacerbated disadvantages for girls and women, including complicating their ability to attend school or maintain jobs, and women are facing an increase in domestic violence, Malpass said.
There are reasons for hope, despite the difficulties of the past year, as many countries have made gender equality a priority, said Mari Elka Pangestu, the bank’s managing director for development policy.
However, the report found that parenthood is the area that still needs the most improvement.
“While it is encouraging that many countries have proactively taken steps to help women navigate the pandemic, it’s clear that more work is needed, especially in improving parental leave and equalizing pay,” Pangestu said in a statement.
While nearly 40 economies around the world have introduced leave or benefit policies to help parents with childcare, 100 do not have laws requiring men and women to receive equal pay for equal jobs, the report said.
SUPPLY HICCUPS: Poor manufacturing yields at Apple’s overseas suppliers have caused at least one maker of its new MiniLED displays to pause production, sources said The next-generation display destined to be a highlight of Apple Inc’s upcoming top-tier iPad Pro is facing production issues that could lead to short initial supplies of the new device, people familiar with the matter said. The Cupertino, California-based tech giant plans to showcase a new MiniLED display technology in the 12.9-inch iPad Pro set to be announced as early as the second half of this month. However, the firm’s overseas suppliers are dealing with poor manufacturing yields, the people who asked not to be named discussing sensitive matters said. At least one of the MiniLED makers has had to pause production as
RETAIL BANKING EXIT: Clients are concerned whether their rights would be protected, while employees were caught by surprise as the bank had just upgraded its services Citibank Taiwan Ltd (花旗台灣) yesterday said that credit card clients could continue using their cards as operations would continue normally until it sells its consumer banking business. As of February, the bank had 2.86 million credit cards in circulation in Taiwan, of which 2.17 million had been used in the past six months, ranking it sixth among all banks, data from the Financial Supervisory Commission showed. Credit card spending by Citibank clients totaled NT$15.66 billion (US$552.6 million) in February, also ranking sixth among banks in Taiwan. Citibank was the only foreign bank that made it into the top six. Customers should not
END OF AN ERA: The Boeing 747-400 jumbo jets have served the airline well, but new-generation aircraft are more fuel-efficient, CAL chairman Hsieh Shih-chien said China Airlines Ltd (CAL, 華航) yesterday bid farewell to its last four Boeing 747-400 planes, ending the era of the “Queen of the Skies” at the airline. CAL has since 1975 operated a total of 29 747 series aircraft manufactured by Boeing Co. In 1990, it started receiving delivery of 19 747-400 jumbo jets, with the last one, the B-18215, delivered in 2005, it said. The B-18215 was the last of the passenger model produced by Boeing, making the 16-year-old aircraft the world’s youngest 747-400, CAL chairman Hsieh Shih-chien (謝世謙) told an event to bid farewell to the planes at Taiwan Taoyuan
DIVERSE SUPPLY: TSMC chairman Mark Liu said the firm’s US$12 billion investment in Arizona would succeed with continued bipartisan support from the US Congress Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, on Monday took part in a virtual White House summit about a global semiconductor shortage and Washington’s plans to strengthen US supply chains. The Hsinchu-based company was among 19 firms, including fellow chipmakers Samsung Electronics Co, GlobalFoundries Inc and Intel Corp, that attended the summit hosted by US National Security Adviser Jake Sullivan, US National Economic Council Director Brian Deese and US Secretary of Commerce Gina Raimondo. US President Joe Biden told executives in the meeting that there is bipartisan support in the US Congress for efforts to strengthen the US