Wednesday, August 31, 2011

Role of Women

The last 2 Economists (20 & 27 August) have articles about the changing role of women abroad. Don't let your ideas about women in other countries let you be caught unawares. More women are serving in managerial and executive positions. This is not just in the developed world, but, for example, in the BRIC countries. At the same time, women are not having enough babies to replace the population. In a bit of whimsy, they predict the last female baby in Hong Kong will be born in this millennium. Linear forecasts are always a leap of faith, of course, but it points out the demographic issues one should be aware of when doing business abroad. In addition to aging rapidly, the populations of countries like Japan and Germany are shrinking. The population in Russia is virtually imploding with female life expectancy 12.2 years longer than male.

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