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Advancing Women's Equality in Asia Pacific

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Advancing Women's Equality in Asia Pacific THE POWER OF PARITY: ADVANCING WOMEN’S EQUALITY IN ASIA PACIFIC MAY 2018 FOCUS: INDONESIA AboutSince itsMGI founding in 1990, the McKinsey Global Institute (MGI) has sought to develop a deeper understanding of the evolving global economy. As the business and economics research arm of McKinsey & Company, MGI aims to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions. MGI research combines the disciplines of economics and management, employing the analytical tools of economics with the insights of business leaders. Our “micro-to-macro” methodology examines microeconomic industry trends to better understand the broad macroeconomic forces affecting business strategy and public policy. MGI’s in-depth reports have covered more than 20 countries and 30 industries. Current research focuses on six themes: productivity and growth, natural resources, labour markets, the evolution of global fi nancial markets, the economic impact of technology and innovation, and urbanisation. Recent reports have assessed the digital economy, the impact of AI and automation on employment, income inequality, the productivity puzzle, the economic benefi ts of tackling gender inequality, a new era of global competition, Chinese innovation, and digital and fi nancial globalisation. MGI is led by three McKinsey & Company senior partners: Jacques Bughin, Jonathan Woetzel, and James Manyika, who also serves as the chairman of MGI. Michael Chui, Susan Lund, Anu Madgavkar, Jan Mischke, Sree Ramaswamy, and Jaana Remes are MGI partners, and Mekala Krishnan and Jeongmin Seong are MGI senior fellows. Project teams are led by the MGI partners and a group of senior fellows, and include consultants from McKinsey offi ces around the world. These teams draw on McKinsey’s global network of partners and industry and management experts. Advice and input to MGI research are provided by the MGI Council, members of which are also involved in MGI’s research. MGI Council members are drawn from around the world and from various sectors and include Andrés Cadena, Sandrine Devillard, Richard Dobbs, Tarek Elmasry, Katy George, Rajat Gupta, Eric Hazan, Eric Labaye, Acha Leke, Scott Nyquist, Gary Pinkus, Sven Smit, Oliver Tonby, and Eckart Windhagen. In addition, leading economists, including Nobel laureates, act as research advisers to MGI research. The partners of McKinsey fund MGI’s research; it is not commissioned by any business, government, or other institution. For further information about MGI and to download reports, please visit www.mckinsey.com/mgi. Copyright © McKinsey & Company 2018 THE POWER OF PARITY: ADVANCING WOMEN’S EQUALITY IN ASIA PACIFIC MAY 2018 FOCUS: INDONESIA An extract from the original report, published April 2018 Jonathan Woetzel | Shanghai Anu Madgavkar | Mumbai Kevin Sneader | Hong Kong Oliver Tonby | Singapore Diaan-Yi Lin | Singapore John Lydon | Sydney Sha Sha | Hong Kong Mekala Krishnan | Boston Kweilin Ellingrud | Minneapolis Michael Gubieski | Melbourne and president, Chief Executive Women; Annika Freyer, Virginia Tan, co-founder, She Loves Tech, Lean In China; PREFACE CEO, Male Champions of Change; Debjani Ghosh, Jill Tang, co-founder, Ladies Who Tech; Julie Taylor trustee, NASSCOM Foundation, and honorary adviser, Broussard, country programme manager, UN Women; Federation of Indian Chambers of Commerce and Uma Thana Balasingam, co-founder, Lean In Singapore; Industry Science and Technology/Innovation Committee; Fraser Thompson, director, AlphaBeta Advisors; Tsukiko Advancing women’s equality in work and society and Rakesh Mohan, senior fellow at the Jackson Institute Jane Golley, associate professor, College of Asia and Tsukahara, vice president, Catalyst Japan; Astrid S. represents one of the most sizable economic for Global Affairs at Yale University and distinguished the Pacifi c, Australian National University; Geeta Rao Tuminez, regional director, corporate, external, and opportunities for the world. McKinsey & Company has fellow at Brookings India. We are also grateful to the Gupta, executive director, 3D Program for Girls and legal affairs, Microsoft Southeast Asia; Valentina Y. D. been researching, publishing, and helping shape action advisers who have worked with us regularly on our Women, UN Foundation; Sotera B. de Guzman, OIC- Utari, researcher, The SMERU Research Institute; Ariane on gender diversity for more than a decade, and the “power of parity” series, namely Jeni Klugman, fellow, division chief, Philippine Statistics Authority; Jianbin Hao, Utomo, research fellow, Crawford School of Public McKinsey Global Institute (MGI) has contributed to this Kennedy School of Government’s Women in Public Policy director, Entrepreneurship and Employment Research Policy, Australian National University, and labour market important issue with its research series on the “power Program, Harvard University, and managing director, Center, Alibaba Research Institute; Elizabeth Hill, senior economist, Australia Indonesia Partnership for Economic of parity”. Georgetown Institute for Women Peace and Security; lecturer, University of Sydney, and co-convenor, Work + Governance; Maria-Noel Vaeza, director, Program and Henriette Kolb, head of the Gender Secretariat, In September 2015, MGI published a global report, The Family Policy Roundtable; Shachi Irde, executive director, Division, UN Women; Emmeline L. Verzosa, executive International Finance Corporation. power of parity: How advancing women’s equality can Catalyst India WRC; Kae Ishikawa, director, Japan Liaison director, Philippine Commission on Women; Claire add $12 trillion to global growth. Since then, we have This report would not have been possible without the Offi ce, UN Women; Anna-Karin Jatfors, deputy regional Wang, founder, Medistar; Edith Yeung, partner, China, issued reports on the power of parity in Canada, India, the expert input, advice, and help of numerous leading director, UN Women; Kate Jenkins, sex discrimination 500 Startups; Naoko Yuki, partnerships consultant, UN United Kingdom, the United States, and Western Europe, voices on these issues. We would like to thank Georgette commissioner, Australian Human Rights Commission; Women, Japan Liaison Offi ce; Doris Zhang, founder, as well as research on what it will take to deliver gender Tan Adamopoulos, group head, communications, Asia Geetha Kannan, managing director, AnitaB.org Institute TechX Queen; and Zhenzhen Zheng, professor, Institute parity globally. In this report, MGI explores the challenge Pacifi c, Mastercard Worldwide; Willem Adema, senior for Women and Technology, India; Shobana Kamineni, of Population and Labor Economics, Chinese Academy of of gender inequality in Asia Pacifi c, one of the most economist, Organisation for Economic Co-operation executive vice chairperson, Apollo Hospitals Enterprise Social Sciences. Ltd., and president, Confederation of Indian Industry; economically dynamic regions in the world, and an engine and Development; Vasuta Agarwal, vice president We would like to thank MGI’s operations team, which Amitabh Kant, CEO, NITI Aayog; Ayano Kashima, of global growth. and general manager, India, InMobi; Alison Aggarwal, provided crucial support for this research: senior editor director, Women’s Economic Security, Offi ce for Women; advocacy, outreach, and resource mobilisation team, UN This research was led by Jonathan Woetzel, a director of Janet Bush; Cathy Gui and Rebeca Robboy in external Amelia Agrawal, Asia partner and channel marketing Women, Japan; Miwa Kato, regional director Asia Pacifi c, MGI and senior partner of McKinsey, based in Shanghai; communications and media relations; Julie Philpot, director, Microsoft; Stevia Angesty, co-founder, Feel Well UN Women; Niny Khor, head, ADB-China Regional Anu Madgavkar, an MGI partner based in Mumbai; editorial production manager; Marisa Carder, graphics Ceramics; Patricia Apps, professor of public economics, Knowledge Sharing Initiative, Asian Development Kweilin Ellingrud, a partner based in Minneapolis; and specialist; Tim Beacom, research specialist; and Deadra University of Sydney Law School; Alice Au, board Bank; Zoe Kinias, associate professor and academic Mekala Krishnan, an MGI senior fellow based in Boston, Henderson, manager of personnel and administration. member, Spencer Stuart; Natalie Au, formerly of the director, Gender Initiative, INSEAD; Bingqin Li, associate along with Kevin Sneader, chairman of McKinsey’s We are also grateful to Stephanie Gatto and Nicole White Council on Foreign Relations; Marian Baird, professor of professor, University of New South Wales; Tiina Likki, offi ces in the Asia Pacifi c region, and McKinsey senior of Sydney Design Studio, Australia, for their help with gender and employment relations, University of Sydney principal adviser, The Behavioural Insights Team; Jialei partners John Lydon in Sydney, Sha Sha in Hong Kong, design and production. Business School; Jennifer Baxter, senior research Lin, project offi cer, UN Women China; Susan Lloyd- Oliver Tonby in Singapore, and Diaan-Yi Lin in Singapore. This report contributes to MGI’s mission to help business fellow, Australian Institute of Family Studies; Daiana Hurwitz, CEO and managing director, Mirvac Group; Amy Michael Gubieski, a consultant in Melbourne, led the and policy leaders understand the forces transforming the Beitler, philanthropies director for Greater Asia and the Luinstra, senior gender adviser, East Asia and Pacifi c, working team, which comprised
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