reveals that gender inequality “costs national economies trillions of dollars annually. Yet the global gender gaps in employment, pay and leadership aren’t simply the result of historic discrimination, cultural bias or individual choices—they’re driven directly by laws and policies that derive from and reinforce gender stereotypes.” The book analyzes laws in all 193 countries in the U.N.
“When countries provide paid leave only to mothers, or when there are vast gender gaps in the duration of leave, employers may discriminate against women of child-bearing age based on the presumption that they will require time away from work that their male counterparts will not. At the same time, when only women can take parental leave, they inevitably do take on greater care responsibilities during the newborn phase.
Countries that have implemented better policies for caregiving show clear results. Sprague notes, “When Spain reserved just 13 days of paid leave for fathers, women were significantly more likely to return to work after giving birth. When Japan introduced paid leave for family health needs, workers were less likely to quit their job within a year of a parent first needing care.
“This is a lot of money we're leaving on the table,” Heymann continues. “Gender equality is a fundamental human right; we should care about it for that reason. It affects the quality of lives of women and girls, of people of every gender, of communities—lots of human reasons. But achieving gender equality would also, in the U.S. alone, yield between $2.6 and $4.3 trillion dollars a year. These are huge dollars. There is nothing that comes close to this amount of money.
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