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Purchasing power of women now £17 trillion

20 March, 2014 By WiC

Females are creators of wealth

 

In her insightful piece in the Times at the start of 2014, Amanda Foreman suggested that the epoch-in-waiting was the era when the full economic potential of women is set free.  She went on to cite research by Goldman Sachs that estimated that if all the impediments and employment restrictions affecting western women today were suddenly to disapper tomorrow, America’s GDP would jump by 9% and the Eurozone’s by 13%.

As creators of wealth women now have £17 trillion in purchasing power and the new global economy plays directly to women’s strengths such as probity, self-reliance, self-improvement and forward planning.

 

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