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        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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        • Mortgage rates today, April 3, 2020 plus reviews
          • cmc currency details
            • cmc exchange details
              • Shortcodes
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Is Discover Visa or Mastercard?
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      • Walmart Money Card – Review
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      • Best Mortgage for Low Down Payment 2020
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    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
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      • Stimulus Check
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      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
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      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
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      • Lean Hogs
    • Precious Metals
      • Platinum
      • Gold
        • Best Place to Buy Gold
        • Price of Gold
        • 5 Ways In order to Buy Gold
        • Gold Price Chart
        • Gold Futures
      • Silver
    • Industrial Metals
      • Copper
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
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Mastercard Index: U.S., New Zealand, Canada and Israel are the highest markets for ladies entrepreneurs

Mia Turner by Mia Turner
November 21, 2019
in Mastercard
0

Home » Mastercard Index: U.S., New Zealand, Canada and Israel are the highest markets for ladies entrepreneurs

Ladies entrepreneurs world wide are making strides to beat gender-related biases and advance their companies. This has a significant influence on the labor power, financial progress and the well-being of their societies. Mastercard right now revealed the third version of its Mastercard Index of Ladies Entrepreneurs, celebrating the markets the place girls entrepreneurs are most certainly to thrive, whereas sounding the alarm that there are nonetheless vital inequalities that maintain us all again.

Primarily based on publicly obtainable information from worldwide organizations together with the Worldwide Labour Group, UNESCO and the International Entrepreneurship Monitor, the worldwide Index tracks the progress and achievement of girls entrepreneurs and enterprise homeowners throughout 58 markets (representing almost 80% of the world’s feminine labor power) at three ranges: (i) Ladies’s Development Outcomes, (ii) Information Belongings & Monetary Entry, and (iii) Supporting Entrepreneurial Elements. The outcomes reaffirmed that girls are capable of make additional enterprise inroads and have greater labor power participation charges in open and vibrant markets the place the help for SMEs and ease of doing enterprise are excessive. They’re additionally ready to attract from enabling sources, together with entry to capital, monetary providers and tutorial applications.

Out of the highest 20 rating markets, 80% are excessive earnings economies, fueled by extremely supportive entrepreneurial circumstances. This contains the USA, which topped the charts for the primary time, and New Zealand, which trailed carefully in second place.

Prime 10 markets for ladies entrepreneurs, primarily based on supporting circumstances and alternatives to thrive:

Rank Market MIWE Rating
1 United States 70.3
2 New Zealand 70.2
3 Canada 69.0
4 Israel 68.4
5 Eire 67.7
6 Taiwan, China 66.2
7 Switzerland 65.8
8 Singapore 65.6
9 United Kingdom 65.6
10 Poland 65.1

“Women-owned and led businesses are strong catalysts for economic growth, improving the lives of everyone. With this study, we are shining a light on those under-represented because even today, inequality and exclusion still hold women back. At Mastercard, we believe good ideas come from everywhere. Now is the time for governments and organizations to power together to support women to advance their businesses by eradicating gender-bias and ensuring greater access to education and financial inclusion,” stated Ann Cairns, Government Vice Chairman, Mastercard.

Of the 58 markets, Eight markets moved up by greater than 5 ranks in comparison with the earlier yr’s scores together with France (+22 ranks) which was pushed by a near-double enhance within the girls entrepreneurial exercise charge, adopted by Indonesia (+13), Costa Rica (+11), Taiwan, China (+9), Eire (+7),  Russian Federation (+6), Thailand (+5) and Ghana (+5).

The Index additionally means that the chance for entrepreneurship shouldn’t be essentially aligned to the wealth and development of a market. Markets with much less conducive supporting circumstances equivalent to Uganda, Ghana and Botswana rank within the high three markets for ladies enterprise possession charges, in comparison with extra developed ones. Ladies in these markets are deemed as “necessity-driven” entrepreneurs, spurred by a necessity for survival regardless of their lack of monetary capital and entry to enabling providers.

Prime 10 markets: Ladies enterprise homeowners as a proportion of all enterprise homeowners:

Rank Market %
1 Uganda 38.2%
2 Ghana 37.9%
3 Botswana 36.0%
4 United States 35.1%
5 New Zealand 31.8%
6 Russia 31.2%
7 Malawi 31.1%
8 Australia 30.9%
9 Angola 30.3%
10 Portugal 30.2%

Different key insights:

  • It’s encouraging to notice that girls are reaching gender parity with males by way of entrepreneurial exercise in seven markets: Ecuador, Indonesia, Philippines, Vietnam, Ghana, Nigeria and Uganda. In the meantime, enhancements in Angola, Malawi, Costa Rica, Thailand, UAE and Taiwan additionally helped slender gender disparity.
  • The findings additionally showcased girls’s potential to thrive as enterprise homeowners and pursue alternatives even the place cultural and social circumstances usually are not optimum. These are demonstrated in sure markets the place girls’s enterprise possession charges and Enchancment-Pushed Alternative entrepreneurial tendencies are each excessive despite the shortage of cultural acceptance/social encouragement. In line with the World Bank, 45% of economies across the globe have legal guidelines constraining girls’s determination to affix and stay within the labor power.[1]
  • The outcomes confirmed that there are vital intra-regional variations, notably in Center East and Africa and Asia Pacific. Markets equivalent to Uganda, Ghana, Botswana, Malawi and Angola outperform for feminine enterprise possession; nevertheless, regardless of efforts to enhance the alternatives on this area, regional friends in Saudi Arabia, Egypt, Iran, Algeria, UAE, Tunisia and Ethiopia nonetheless have work to do, with girls’s enterprise possession charges sitting 15% and beneath. Equally, New Zealand, Australia and Vietnam surpass regional friends equivalent to Bangladesh, India, Malaysia, South Korea and Japan by way of the feminine share of enterprise possession.

Along with shining a lightweight on the progress of girls entrepreneurs on a world scale, Mastercard is dedicated to designing a greater world for ladies that creates limitless potentialities for us all. Within the U.S. Mastercard is cultivating entrepreneurs by applications like Start Path and empowering small enterprise homeowners in partnership with Create & Cultivate. In Africa and South East Asia, Mastercard is fueling women-led companies with entry to micro-credit and new digital marketplaces by platforms like Jaza Duka and the Mastercard Farmer Network. Moreover, the Mastercard Center for Inclusive Growth is offering philanthropic help to allow monetary literacy coaching and entry to important instruments and providers for ladies entrepreneurs in underserved markets.

[1] https://wbl.worldbank.org/en/information/exploretopics/starting-a-job

Methodology
The Mastercard Index of Ladies Entrepreneurs 2019 is the third report profiling the progress and achievement of girls entrepreneurs/enterprise homeowners throughout 58 societies world wide. With Angola as the latest market added to the Center East & Africa area, the Index expands its try to trace the elements that underpin the gender hole amongst enterprise homeowners. Primarily based on publicly obtainable information from worldwide organizations together with the Worldwide Labour Group, UNESCO and the International Entrepreneurship Monitor, the research represents almost 80% of the world’s feminine labor power and highlights how the 58 markets differ at Three ranges: (i) Ladies’s Development Outcomes, (ii) Information Belongings & Monetary Entry, and (iii) Supporting Entrepreneurial Elements. The outcomes additionally make clear which elements and circumstances are probably the most conducive in serving to to slender the gender hole amongst feminine entrepreneurs/enterprise homeowners, or probably the most inhibitive and disabling, thereby weighing on girls’s potential to thrive in enterprise.

 

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Mia Turner

Mia Turner

+10 years of experience in analyzing and covering the currencies markets with vast experience in fundamental, political and technical analysis, educational content, and copywriting. Contact: mia.turner@fintechzoom.com

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