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Healthier Women can produce stronger economies: WEF

Healthier Women can produce stronger economies: WEF

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New Delhi: Investing in women can make the global economy stronger and contribute USD 400 billion to the world economy, the World Economic Forum (WEF) said on Tuesday.

During its ongoing annual event at Davos, Switzerland, the WEF launched a women’s health impact tracking platform, a publicly accessible tool designed to monitor and bridge the health gaps faced by millions of women worldwide.

Its new report, “Blueprint to Close the Women’s Health Gap: How to Improve Lives and Economies for All,” was published in collaboration with the McKinsey Health Institute (MHI).

The data highlighted that women around the world live under 25 percent poorer conditions as compared to men and also showed nine important key health conditions that would reduce the global burden by 27 million disability-adjusted years and add 2.5 days per woman every year.

One major aspect of this cause is measuring the progress and developing effective healthcare and strategies for the betterment of women, said Shyam Bishen, Head of the Centre for Health and Health and a member of the executive, WEF.

Despite adding 5 additional healthy days to women’s lives, this problem has always been overlooked due to sex-specific research. The action areas included all women: addressing the disparities for the marginalized or broader health equity and investing in women. The WEF called for urgent action by governments, the private sector, researchers, civil society, and communities worldwide to set agendas and allocate resources in this regard.

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