IMF chief: ``Women's economic participation rate is high, but the gender gap is large'' - South Korea

"Although South Korea has recently made considerable progress in increasing women's economic participation, the gender gap remains large." Kristalina Georgieva
On the afternoon of the 14th, the International Monetary Fund (IMF) President George Georgieva invited the World Association of Women Directors to the International Conference Hall on the 3rd floor of the Government Building Annex in Sejong-ro, Seoul, South Korea.
A special forum titled ``Empowering women in the global economy''
He said this in his keynote speech on the theme of ``Economy''.
Although Korean women's economic activities have increased, they are still burdened with housework and childcare burdens. Governor Georgieva said, ``We will support working women in raising children.
Through efforts to make labor markets more flexible and, above all, to improve social mores (women have primary responsibility for housework and child rearing), putting more women to work will raise national incomes and encourage businesses.
It will make us stronger and create a better future for everyone." The panel discussion that followed included Governor Georgieva, Korea City Bank Chairman Yoo Myung-sun, and Monetary and Monetary Commission Chairman Seo Yong-kyung.
The committee members, Lotte Card ESG Committee Chairman Lee Bok-sil, and NAVER representative Choi Soo-young participated. President Georgieva spoke during a panel discussion on changes in global women's senior positions, I
They exchanged opinions on examples of increasing diversity in MF organizations, narrowing the gender gap, and the issue of low birthrates in South Korea. Bank Chairman Yoo Myung-sun, who facilitated the panel discussion, said, ``World Economic Forum
According to the WEF's Gender Gap Report, South Korea's gender gap has not moved beyond the lowest level."
We must become an egalitarian society that utilizes the talents of all people." Financial and Currency Commissioner Seo Yong-kyung said, ``Reducing the gender gap will improve the potential growth rate by improving low birthrates and expanding women's economic participation.''
``It is important to improve the childcare environment by expanding public childcare facilities and expanding flexible work systems, providing fair opportunities at companies, and making efforts to build women's own careers.''
Chairman Lee Bok-sil said, ``Recently, with the introduction of a system requiring female directors, the number of outside directors at companies has increased, but the number of internal directors remains stagnant, so improvements are needed.''
``Furthermore, in order to increase the number of women in high-level positions in public institutions, we should implement a system that makes it compulsory for women to serve as directors at public institutions.''
CEO Choi Soo-young said, ``Only 2.4% of the CEOs of South Korea's 1,000 largest companies are women.''
Of these, only 0.5% are women who are not related to the founder. In order to break away from the atmosphere where female CEOs are perceived as women before they are CEOs, we need to have more female CEOs."
Stated .