Investing in girls could unlock billions of dollars for national economies : U.N. agency
- Record-setting rally pushes on as S&P ends week up 3 percent
- Trump's Cohn Pick Most Bullish Sign Yet for Banks - Cowen
- Unusual 11 Mid-Day Movers: (IDXG) (INVN) (EBS) Higher; (SCON) (DTEA) (DLTH) Lower (more...)
- 21st Century Fox (FOXA) offers to acquire Sky for GBP10.75/share
- Coca Cola (KO) Announces James Quincey to Succeed Muhtar Kent as CEO; Kent to Continue as Chairman
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.
By Zoe Tabary
LONDON (Thomson Reuters Foundation) - If countries ended forced marriage, child labor, female genital mutilation and other practices undermining girls' health and rights, their economies could be billions of dollars richer for it, a U.N. agency said on Thursday.
Around the world, 16 million girls between the ages of six and 11 never start school, many because they are married off or forced to work to help their families financially, the United Nations Population Fund (UNFPA) said in a report.
It said developing countries could reap a dividend of $21 billion a year if all 10-year-old girls completed secondary education, echoing studies that show a correlation between improved literacy for girls and higher earnings later in life.
"Education is the world's best investment. Whenever a girl's potential goes unrealized, we all lose," Babatunde Osotimehin, executive director of UNFPA, told the Thomson Reuters Foundation in a phone interview.
The report comes a year after world leaders adopted an ambitious set of global goals to end poverty and inequality by 2030. One of the Sustainable Development Goals (SDGs) is targets gender equality and the empowerment of women and girls.
"How we support girls today will determine what our world looks like. The SDGs give world leaders a real opportunity to get things right," Osotimehin said.
He blamed gender inequality on the "poor awareness of the state of girls' human rights and a lack of accountability from political leaders worldwide."
UNFPA said girls were less likely than boys to complete formal schooling at secondary and university level. They were more likely to be in poorer health and would find it harder to get paid jobs.
It said an estimated 47,700 girls are married before the age of 18 every day, and that three in four girl laborers are unpaid.
The report's recommendations included providing cash transfers to poor families to encourage them to keep their daughters in school longer by helping to meet the costs of education.
It also suggested providing life-skills training and sex education to girls approaching puberty.
(Reporting by Zoe Tabary, editing by Katie Nguyen. Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters, that covers humanitarian news, women's rights, trafficking, land rights and climate change. Visit news.trust.org)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ocean Power Technologies (OPTT) Reports Q2 Loss of $0.25/Share
- Colombian Nobel Prize winner sees a "ray of hope" for Syria, Sudan
- UBS Cuts Price Target on Restoration Hardware (RH) to $34 Following 3Q
Create E-mail Alert Related CategoriesReuters
Related EntitiesDividend, Earnings
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!