IMF / GEORGIEVA GENDER EQUALITY

16-Oct-2019 00:02:02
International Monetary Fund Managing Director Kristalina Georgieva urged leaders to push for gender parity in an event ahead of the Annual Meetings of the International Monetary Fund and World Bank. IMF
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STORY: IMF / GEORGIEVA GENDER EQUALITY
TRT: 2:02
SOURCE: IMF
RESTRICTIONS: NONE
LANGUAGE: ENGLISH / NATS

DATELINE: 15 OCTOBER 2019, WASHINGTON DC
SHOTLIST
1. Wide shot, Georgieva and Ravi Agrawal, Managing Editor Foreign Policy Magazine, on stage
2. Med shot, Georgieva and Agrawal
3. Zoom in, Georgieva and Agrawal
4. SOUNDBITE (English) Kristalina Georgieva, Managing Director, of the International Monetary Fund (IMF):
“The woman before me that led the IMF, Christine Lagarde, she broke this glass ceiling. It was easier for me to come through – no cuts.”
5. Wide shot, audience clapping and laughing
6. SOUNDBITE (English) Kristalina Georgieva, Managing Director, of the International Monetary Fund (IMF):
“For example, in Japan, it goes up to 380 percent. In Pakistan, it goes up to 1,000 percent. And that accordion from 20 percent to 1,000, universally means two things. And, I actually until I read this paper, I didn’t realize what the serious economic issue this is. Of course, it means it is unfair, there is unfair distribution. But that is the minor issue. The bigger issue is it is inefficient.”
7. Close up, audience members
8. SOUNDBITE (English) Kristalina Georgieva, Managing Director, of the International Monetary Fund (IMF):
“Moving toward gender parity is actually good for everyone. It is good for women, but it is also good for men. There is no way for any society to prosper without tapping in the talent of all its people – men and women. It’s very simple, if you ignore part of your capabilities, you sure come short in terms of economic achievement.”
8. Wide shot, audience applauding
9. Wide shot, Georgieva and Agrawal leaving stage
STORYLINE
International Monetary Fund Managing Director Kristalina Georgieva urged leaders to push for gender parity in an event ahead of the Annual Meetings of the International Monetary Fund and World Bank.

Georgieva opened the talk, “Women, Work, and Leadership”, on Tuesday (15 Oct) by praising her predecessor, the first woman to lead the IMF.

“The woman before me that led the IMF, Christine Lagarde, she broke this glass ceiling. It was easier for me to come through – no cuts,” said Georgieva to applause.

The new Managing Director said the global economy is hampered by the issue of unpaid work, for example childcare, foraging for firewood and other labour often carried out by women. She said a recent study found that globally, women do 2.7 hours a day more unpaid work than men.

But she said that varies widely from country to country, with women in Norway doing 20 percent more unpaid work than men. In other countries, the rate is far higher.

“For example, in Japan, it goes up to 380 percent. In Pakistan, it goes up to 1,000 percent. And that accordion from 20 percent to 1,000, universally means two things. And, I actually until I read this paper, I didn’t realize what the serious economic issue this is. Of course, it means it is unfair, there is unfair distribution. But that is the minor issue. The bigger issue is it is inefficient,” said Georgieva.

She urged men to act along with women to pursue equality.

Georgieva added, “Moving toward gender parity is actually good for everyone. It is good for women, but it is also good for men. There is no way for any society to prosper without tapping in the talent of all its people – men and women. It’s very simple, if you ignore part of your capabilities, you sure come short in terms of economic achievement.”
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