International Trade Centre, 2015 – 80 pages
This publication provides insights to decision-makers on women’s participation in trade and the challenges they face. It provides data from importers and exporters in 20 developing countries; outlines the trade barriers; shares models of good public and private sector initiatives; and provides recommendations for policymakers to engage female entrepreneurs more fully in the global economy.
The report outlines a road map to rapidly boost the participation of women in the global economy, which has eight pillars for policy and programming action:
- Better data. Collect, analyse, and disseminate data on women’s economic participation, to shape policies and programmes with impact.
- Sensitive trade policies. Create trade policies and agreements that enhance women’s participation in trade.
- Access to public procurement. Empower women-owned businesses to participate in the US$10 trillion annual public procurement market. Their current share is an estimated 1%–5%.
- Diversity in corporate procurement. Create corporate procurement programmes that embed diversity and inclusion in value chains.
- Certifying women-owned businesses. Set up mechanisms to certify ownership and eligibility of women-owned businesses.
- Improving business environments. Address supply-side constraints that especially affect women-owned businesses.
- Bridging the finance gap. Close the gap between men and women for access to financial services gap.
- Adopting reforms. Ensure legislative and administrative reforms guarantee women’s rights to ownership and control over resources.