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Where Women Stand

A wide-angle look at the past two decades shows that women across advanced economies have made far-reaching gains as workers, consumers, and savers. But much of this progress has been offset by rising costs and new forms of insecurity that once again disproportionately affect women.

BERKELEY – Despite a deep recession in 2008 and a slow recovery thereafter, the first two decades of the twenty-first century were generally a time of economic progress in most advanced economies. Real (inflation-adjusted) per capita GDP in the OECD grew at a compound annual rate of 1.15% between 2000 and 2018, and employment levels steadily increased, hitting record highs in some countries.