"The emerging world is home to many self-made businesswomen who have risen from low-level jobs to leadership positions and personal fortunes. Seven of the fourteen women identified on Forbes magazine's list of self-made billionaires are Chinese. Many firms in emerging markets do a better job of promoting women than their Western rivals, some surveys suggest."In China, 32 percent of senior managers are female, compared with 23 percent in America and 19 percent in Britain. In India, 11 percent of chief executives of large companies are female, compared with 3 percent of Fortune 500 bosses in America and 3 percent of FTSE 100 bosses in Britain.
"Turkey and Brazil come third and joint fourth (behind Finland and Norway) in the World Economic Forum's ranking of countries by the proportion of CEOs who are women. In Brazil, 11 percent of chief executives and 30 percent of senior executives are women.
"Wise firms focus on the two biggest problems for working women in emerging markets: looking after their aging parents, which is typically more of a problem than child care, and commuting."
Read the rest in the Economist.
