Womenomics: 25 years and the quiet revolution

Kathy Matsui, a leading figure in Goldman Sachs research, first drew attention to the economic potential of women’s greater participation in the workforce over 25 years ago. Her work has shaped global policy.

Sharon Bell and Yuriko Tanaka have revisited Matsui’s themes, examining global progress and challenges.

One notable achievement is the significant increase in women CEOs in the S&P 500 and the strong representation of women on European corporate boards in recent years.

However, there’s still room for improvement. In technology and finance, women’s job shares have declined in the US and Europe since the financial crisis, and their advancement to management positions is slower than in other industries. This is particularly concerning given the rise of AI.