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The International Monetary Fund identifies "A New Growth Engine for Japan: Women in STEM Fields"

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Japan FinTech Observer | Serial Employee | Forbes 1 in 8 billion

Despite recent improvements in female labor force participation, women remain under-represented in #STEM fields in #Japan. Given the close link between STEM workers and #innovation, encouraging women to pursue STEM careers could boost growth potential. Using a calibrated endogenous growth model with STEM talent, this International Monetary Fund paper quantifies the potential gains from eliminating barriers to STEM fields among women. The findings suggest that bridging the gender gap in STEM fields can boost total factor productivity #TFP growth by 20 percent and consumption-equivalent welfare by 4 percent in Japan.

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