The shift to electronic documents and data in all areas of life is one of the key economic developments of this century, bringing new efficiencies, cost savings and opportunities far beyond anything that could be achieved with paper records. That shift is about to hit commodity trading, which has traditionally relied on vast paper trails to execute, authenticate, and process each transaction.
Increasing diversity and boosting the number of women in leadership positions can benefit the commodities sector and the wider economy. How can this be achieved? We ask five successful women for their thoughts.
Adding More Women To The U.S. Workforce Could Send Global Stock Markets Soaring
The global bull market in stocks has been long. Historic, even. Will it end? Sure, someday, just as all such runs do. But S&P Global has found an underutilized source of growth that could send global market valuations soaring—to the tune of an extra $5.87 trillion over the next decade.
A dual-pronged effort of increasing entry and retention of more women to the American workforce, particularly those professions traditionally filled by men, represents a substantial opportunity for growth of the world’s principal economy, with the potential to add 5%-10% to nominal GDP in just a few decades.