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14. Internal Brain Drain: Why Gender Inclusion Matters for Growth Watch Video Connection Speed: High Speed Low Speed    Event Title : PREM Conference 2006 Date : 2006-04-25 Duration : 83 minutes Language  : English Country/Region : World Keyword :  Economic Growth  Gender   Presenter : Gary S.  Becker Nadereh  Chamlou Mahmoud  Mohieldin Christiaan  Poortman | Related Material | Recommendations |Related B-SPAN Videos |  DESCRIPTION  On April 25 and 26, 2006, the Poverty Reduction and Economic Management (PREM) Conference 2006 was convened in Washington, DC, to discuss the theme of Microeconomic and Institutional Foundations of Growth. The conference offered an opportunity to reflect on issues at the heart of the World Bank’s engagement with clients. The key theme was how to accelerate economic growth and reduce poverty in light of the broadening agreement that economic growth is the basic condition for achieving and sustaining social progress and development. This session’s topic is Internal Brain Drain: Why Gender Inclusion Matters for Growth. Nadereh Chamlou, Senior Adviser, Social and Economic Development, World Bank, offered a background of the topic. Mahmoud Mohieldin, Minister of Investment, Egypt, noted that recent research shows that gender inequality not only disadvantages women but also reduces growth potential. He detailed the lack of equality for women and how involvement of women in various aspects of life can affect the economy, paying particular attention to the situation in Egypt. Gary S. Becker, 1992 Nobel Laureate in Economics and Professor of Economics, University of Chicago, discussed the effect of the process of economic development on the position of women in the economy and how to make that process more efficient and effective. Chair Christiaan Poortman, Regional Vice President, Middle East and North Africa Region, World Bank, noted that economic pressures from globalization and competition are opening up opportunities to women. Audience questions provoked discussion of family policies such as maternity leave, why higher levels of education for women sometimes do not translate into poverty reduction, and the use of affirmative action. Chamlou noted that different public policies can bring different segments of the female population into the labor force.  RELATED MATERIALS   PREM (World Bank staff only) Conference Agenda (World Bank staff only) Related World Bank and Other Links: World Bank: PovertyNet Related B-SPAN Events: Attacking Extreme Poverty Seminar Business, NGOs, and Development RELATED B-SPAN EVENTS Economic Growth (99) Gender (44)