Better Women’s Health could add $1 Trillion to the Global Economy

Delivering sustainable economic growth
Jan 23, 2024 | McKinsey Health Institute

The global order is undergoing significantchanges that demand a new economic-security agenda.  In this report from the McKinsey HealthInstitute,  Kweilin Ellingrud, Lucy Pérez, Anouk Petersen, and Valentina Sartori,with contributions from the World Economic Forum (WEF) and other organisations,show that at least $ 1 trillion could be pumped into economic productivityannually, by supporting 3.9 billion women in living healthier, higher qualitylives. The women’s health gap equatesto 75 million years of life lost, due to poor health or early death per year,the equivalent of seven days per woman per year. Addressing the gap couldgenerate an impact equivalent to 137 million women accessing full-timepositions by 2040. At the 2024 WEF Annual Meeting in Davos,world leaders suggested a path to help close the health gap for women aroundthe world by investing in women-centric R&D;strengthening the collection and analysis of sex- and gender-disaggregated data;enhancing access to gender-specific care; encouraging investments in women’shealth innovation; and examining business policies to support women.

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