TNPSC Thervupettagam

Women, Business and the Law Report 2024

March 15 , 2024 254 days 500 0
  • The World Bank (WB) Group has released a report titled ‘Women, Business and the Law 2024’.
  • It offers a comprehensive picture of the obstacles that women face in entering the global workforce and contributing to greater prosperity—for themselves, their families, and their communities.
  • Women on average enjoy just 64% of the legal protections that men do—far fewer than the previous estimate of 77%.
  • Only 98 economies have enacted legislation mandating equal pay for women for work of equal value.
  • Yet only 35 economies have adopted pay-transparency measures or enforcement mechanisms to address the pay gap.
  • In 2023, governments were assertive in advancing three categories of legal equal-opportunity reforms—pay, parental rights, and workplace protections.
  • Women enjoy barely one third of the needed legal protections against domestic violence, sexual harassment, child marriage and femicide.
  • Although 151 economies have laws in place prohibiting sexual harassment in the workplace, just 39 have laws prohibiting it in public spaces.
  • In the area of pay, women earn just 77 cents for every $1 paid to men.
  • Women spend an average of 2.4 more hours a day on unpaid care work than men, much of it on the care of children.

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