Cheers and Jeers

Clinton Calls Women Key to Economy; Poverty Rises

Saturday, September 17, 2011

Women can help the global economy recover and expand, said Secretary of State Hillary Rodham Clinton Sept. 16, outlining a comprehensive strategy to achieve economic expansion at the Asia Pacific Economic Cooperation's Women and the Economy Summit, held in San Francisco.



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Women can help the global economy recover and expand, said Secretary of State Hillary Rodham Clinton Sept. 16, outlining a comprehensive strategy to achieve economic expansion at the Asia Pacific Economic Cooperation's Women and the Economy Summit, held in San Francisco.

"We need to unlock a vital source of growth that can power our economies in the decades to come. That vital source of growth is women," she said.

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The women's conference participants, including Clinton and ministers and delegates from 21 countries in Asia and the Americas, endorsed the San Francisco Declaration, which lays out how to dismantle barriers to women in the workforce. It sets commitments for providing female entrepreneurs with access to capital; for reforming legal and regulatory systems so women can access the full range of financial services; for improving women's access to markets and for supporting the rise of female leaders in the public and private sectors.

The agreement is a run-up to APEC's meeting in November in Honolulu.

"Reductions in barriers to female labor force participation would increase America's GDP by 9 percent, the Euro Zone's by 13 percent, and Japan's by 16 percent," Clinton said.

Clinton continued, "Unlocking the potential of women by narrowing the gender gap could lead to a 14-percent rise in per capita income by the year 2020 in several APEC economies including China, Russia, Indonesia, The Philippines, Vietnam and Korea."

-- Paola Gianturco


More News to Cheer This Week:

  • The results of the SILCS Diaphragm contraceptive effectiveness study were set to be announced today, said a Sept. 16 press release. The SILCS device was developed to improve reproductive health in low-resource settings, where women have a limited range of contraceptive methods. This new diaphragm may also be important for women who cannot or do not want to use hormonal methods or an IUD.
  • The U.S. Department of Justice will give out $2.7 million in grants to give victims of sexual assault emotional, medical and legal support, reported The Houston Chronicle Sept. 15. Six groups will be awarded a $450,000 grant.
  • On Sept.14 UN Women and the government of the Indian state Karnataka signed a project agreement to empower elected female representatives and promote gender responsive governance, reported Business Standard Sept. 15. Michelle Bachelet, United Nations undersecretary-general in charge of UN Women, talks about the agency's goals in a video posted by The Washington Post Sept. 16.
  • At the opening of a UN Women Symposium, the vice president of Ghana, John Dramani Mahama, called on West African countries to develop strategic action plans to be implemented to achieve some quick gains for women, reported ModernGhana on Sept 15.
  • The U.S. federal Emergency Plan for AIDS Relief (PEPFAR) announced on Sept 14 a $45 million initiative to examine the effectiveness of combination approaches to HIV prevention.
  • A study proposing specific strategies to meet the needs of women facing joblessness in the recovery from the Great Recession of 2007–2009 was released by The Institute for Women's Policy Research this month.
  • In Tunisia, the Ennahda party promised to safeguard religious freedom, the rights of minorities and the status of women, AFP reported Sept. 14.
  • Wal-Mart announced measures Sept. 14 to help female-owned businesses and female workers, Associated Press reported. The world's largest retailer plans to spend $20 billion over the next five years on goods and services from U.S. businesses owned by women.
  • Vice President Joe Biden called on ending violence against young women at school, ABC News reported Sept. 13. He made the announcement in a video posted Sept. 13.
  • Australia named its first Global Ambassador for Women and Girls, the Sydney Morning Herald reported Sept. 13. Career diplomat Penny Williams was appointed to help advocate for the rights of women and girls, eradicate domestic violence, empower women and increase their representation in leadership roles.
  • Former first lady Laura Bush is raising awareness about cervical and breast cancer in sub-Saharan Africa and Latin America while working to expand screening and treatment, ABC News reported Sept. 13. Bush and former U.S. ambassador Nancy Brinker are leading Pink Ribbon Red Ribbon, a public-private partnership that launched on Sept. 13.
  • Women who use intrauterine devices may not just be preventing pregnancy but may also be protecting themselves from cervical cancer, Medical News Today reported Sept. 13.
  • Samia Yaba Nkrumah became the first woman to chair a major political party in the Republic of Ghana, reported Sept. 12.
  • In his new daytime talk show, CNN host Anderson Cooper will take on issues important to women and will offer a fresh perspective on social trends impacting women, TresSugar reported Sept. 7.

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