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Write a paragraph on weather the 3Ls will help woman overcome their obstacles

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Answered by daingmohammedtouheed
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The 3 L's of women's empowerment

By Christine Lagarde // 02 September 2014

Christine Lagarde, managing director of the International Monetary Fund. Photo by: International Monetary Fund / CC BY-NC-ND

The 21st century poses many challenges that require new ways of thinking, none more important than the economic role of women in a rapidly changing world.

The global economy is struggling to generate the growth that can provide a better life for all, and all can contribute, yet women remain blocked from contributing their true potential. This hasi a huge cost: In some countries, per-capita incomes lag significantly because women are denied equal opportunity. They represent half the world’s population, but contribute far less than 50 percent of economic activity. Indeed, the gap between men and women in terms of measured economic activity ranges from 12 percent in the OECD countries to 50 percent in the Middle East and North Africa.

What is needed to change this picture is a concerted effort to open the door to opportunity with what I call the “3 L’s” of women’s empowerment: learning, labor and leadership.

First, learning: Education is the foundation upon which change is built. Learning helps women to help themselves and break the shackles of exclusion. Nowhere is this more essential than in the developing world: One study of 60 countries estimates that the economic loss from not educating girls at the same level as boys totals $90 billion a year. Another study suggests that an extra year of primary school boosts earning potential by 10-20 percent, and 25 percent for an extra year of secondary education.

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