Indonesia has made significant improvements in women’s economic empowerment; with women making up 50% of all university graduates, 46% of senior management roles, and almost one quarter of small to medium enterprise owners. Indonesia has progressive laws around maternal rights and the government has ratified The Convention on the Elimination of all Forms of Discrimination against Women.
Despite these achievements, cultural and political barriers continue to restrict opportunities available to women. Employers in Indonesia pay women on average 31% less than men and appoint women to only 6% of CEO and board positions.
Indonesian cultural norms also place expectations on university-educated women to be ‘secondary earners’ and ensure career does not interfere with their roles as wives and mothers. Women’s workforce participation is just 51% in Indonesia compared to 85% for men.
In collaboration with corporations and business leaders, impact investors and entrepreneurs, governments and advocates in Indonesia, Investing in Women is building the business case and spearheading the campaign for women’s economic equality in South East Asia.
This issue of EAFQ touches on key economic and social questions that affect gender equality in Southeast Asia and East Asia, delving beneath the aggregates and measurement challenges.
Catalytic Capital for Women’s Economic Empowerment: Report of the External Review of Component 2 of the Investing in Women Initiative
This report summarises the findings and recommendations of the external review of Component 2 (C2) on impact investing of the Investing in Women Initiative (IW) funded by Australia’s Department of Foreign Affairs and Trade (DFAT).
This updated Investment Design Document for Investing in Women reflects the opportunities and constraints of the evolving operational environments; the policy and budgetary settings of the Australian Government; and the lessons from Phase 1 implementation as identified through an independent Review process.