SHINZO ABE, Japan’s prime minister, is an unlikely champion of women’s empowerment. A lifelong conservative and the leader of a party that for decades battled feminism, Mr Abe has undergone a conversion, prompted by Japan’s alarming demography: the workforce is projected to shrink by about 25m people—well over a third—by 2060. Meanwhile, millions of university-educated women sit at home, their talents squandered, says Kathy Matsui of Goldman Sachs. “Japan has more to gain than most countries from raising female labour participation.”
Yet, four years into Mr Abe’s stint in office, and 17 years since Ms Matsui coined the term “womenomics”, the government is still struggling to make Japanese women “shine”, its clumsy rhetorical catchphrase for raising the standing of women at work. The latest gender-gap index published by the World Economic Forum (WEF) ranks Japan 111th out of 144 countries, a fall of ten places since 2015. Just 9.5% of the members of Japan’s lower house are women, putting the country 155th in the world by that measure. Under Mr Abe, the number of female directors at Japanese firms has inched up—to a paltry...Continue reading
from Asia http://ift.tt/2gq34mX
EmoticonEmoticon