This country in northern Europe has been called the best place to be a Woman
To commemorate the International Women’s Day on 8 March, The Economist released its 2014 ‘Glass-Ceiling Index’ which rates the best and worst countries to be a woman.
The index used the following indicators to measure which countries in the world are women more empowered:
- Higher education
- Labour force participation
- Share of senior managers in companies
- Number of women on company boards
- Child-care costs
- Paid maternity leave
- Share of GMAT candidates
- Women in parliament
The top five places were chiefly dominated by European countries: Norway (78.7 points), Sweden (78.1), Finland (77.1), Poland (71.5) and New Zealand (69.4).
Norway beat other countries in terms of number of women board members thanks in part to a 2008 measure that implemented mandatory quotas in company boards. Sweden came first in having the most number of women in parliament (45% representation) and having the least gender gap in the number of graduates of tertiary education.
Finland surpassed other countries in terms of having the least gender gap in the labour force. Polish women had the best paid maternity leave benefits while wage gap is the least in New Zealand.
Meanwhile, the five worst countries to be in as a woman are: Czech Republic (47.4 points), Ireland (47.1), Switzerland (40.6), Japan (20.0) and South Korea (15.5).