Invest in Russia — invest in Russian regions!
All analytics

«Without women, the economy would grind to a halt»

Expert opinion
22 May 2018
On 20–21 September 2018, the Second Eurasian Women’s Forum will take place in St. Petersburg, organized by the Russian Federation Council and the Interparliamentary Assembly of Member Nations of the Commonwealth of Independent States, and operated by the Roscongress Foundation. Speaker of the Federation Council Valentina Matviyenko talks about the events being planned, women’s role in business, and gender equality.

Ms. Matviyenko, three years ago the Eurasian Women’s Forum was held for the first time right here in St. Petersburg. What are your expectations for the second Forum?

The First Eurasian Women’s Forum demonstrated that we women are a vital component of global development. Our role is only going to grow — in all spheres of life. In 2015, women came to St. Petersburg from 80 countries, and in 2018 we expect a great many more nations to be represented. No longer a one-time event, the Eurasian Women’s Forum has become a systemic, active institution, bringing together programmes and initiatives from very different countries.

This is reflected in the way we are organizing our work and in the agenda for the upcoming second Forum. The search will continue for new solutions that will expand women’s empowerment, with a focus on new technological, ec­on­o­mic, and social realities, along with both the positive opportunities and the challenges and dangers associated with them.

Of course, in the current tense international circumstances, we also must keep in mind the events and processes arising from glo­bal politics. We count on directing the discussion of those issues towards the development of concrete proposals aimed at achieving more active and effective participation by female politicians and by women’s movements and organizations in all areas. This will help establish equal rights and mutually beneficial cooperation between states.

The Forum’s central themes will be the role and capabilities of wo­men in global security, sustainable development, politics, economics, business, and science. The world’s female elite — government officials, politicians, academics, entrepreneurs, and figures from the arts and culture — will take part in 35 discussion platforms. There will be a Wo­men 20 (W20) session, a meeting of the BRICS Women’s Business Club, an APEC seminar on ‘Women and the Technology of the Fourth Industrial Revolution’, BRICS public—private and business dialogues, and talks between Russia and France and Russia and Kazakhstan. There will be UNIDO and UNESCO panel discussions, and reports by the World Health Organization (WHO), the International Labour Organization (ILO), and the World Bank.

We still have proposals for new formats and new discussion topics coming in. We are trying to consider all of these ideas and include them in the Forum’s format and agenda.

What is women’s place in business and the economy today? How is Russia doing in this regard?

In the global economy, women hold almost half the jobs and create 37 % of total GDP. The ILO says that a third of the world’s entrepreneurs are women. If all women suddenly left the economy, it would grind to a halt.

For Russian women, the road to any sphere of life in the country is wide open, and they have access to any profession and any type of activity. That includes entrepreneurship. Twenty-five years ago women accounted for 15 % of this sector, but today that figure has risen to one third. We are now seeing successful examples of women’s entrepreneurship not just in retail and the service sector, the areas most traditionally associated with women, but also in the agricultural industry, construction, high-tech sectors, and banking.

Russia is number one in share of women at top business positions (47%) according to Grand Thornton’s

The state, including the Federation Council, is working to develop female-owned businesses. The topic was discussed at the First Eurasian Women’s Forum, and that was when the permanent discussion platform, Developing Women’s Entrepreneurship in Russia, was created and many other practical measures adopted. I am confident that thanks to those initiatives, and thanks to the realization of the ideas put forth in the Address from the President of Russia, women’s entrepreneurship will become a chief factor in economic growth in the very near future.

Is it useful, in principle, to talk about gender differences, for example to pinpoint concepts of ‘female’ and ‘male’ management? Doesn’t this just help to reinforce gender inequality?

When you consider the problem, as you said, ‘in principle’, then of course there is no basis for talking about ‘male’ versus ‘female’ management. Efficiency and success are not connected with the entrepreneur’s sex, but rather with his or her intellect, professionalism, and experience.

At the same time, naturally, it would be a mistake not to take note of the actual differences between men and women in what we usually call management style. It would be foolish to deny or ignore those. But they are not the deciding factor in terms of management effectiveness.

I believe that the world, as a whole, has come to a point when an ever-growing number of countries are working to uphold equality between men and women. But they are doing that work at different tempos in different spheres. I believe, and I have said this more than once, that Russia, which achieved full legal equality between women and men earlier than other countries, is now lagging behind several other nations in terms of female representation in leadership positions in politics, government, and certain other areas. And this is not a flaw in our policies. It is more an aspect of the Russian mentality, not yet fully expunged, a type of cultural atavism. The state and society are aware of this problem and are working to solve it. We can see progress. It won’t be long before we stand as equals alongside the countries who are leading the way in this regard.

Source: SPIEF-2018 Official Magazine


Anlytics on the topic

All analytics
Articles
17 June 2020
Work reimagined: a two-geared approach to reopening and transforming your business

Reopening business after the pandemic is a long-term that may cause some difficulties and requires additional efforts for employers. Companies have to look for new ways to protect the employees health, the pandemic also showed the importance of new technologies for business organizing.

Research
11 February 2019
Private and Family Business in Russia 2018

This publication by PricewaterhouseCoopers provides owners and CEOs of private businesses with analytical and comparative data on problems and challenges faced by Russian businesses today.

Articles
31 October 2019
Partnership and Experience Exchange in Interfirm Cooperation on the Evidence of the ICT Sector: Opportunities for the Competitiveness Development of the National Economy

The article discusses the opportunities of experience and best practices exchange in business with the use of interfirm cooperation mechanism. The character of interconnection of interfirm cooperation and partnership and competitiveness development of the national economy is analyzed on the evidence of the ICT sector. Additional measures for activization of the participation of Russian companies in interfirm cooperation are suggested.


Research
27 November 2019
Competitive Environment Assessment in Russia 2019

The report published by the Analytical Center for the Government of the Russian Federation assesses the competitive environment on the Russian market based on the results of an online survey of representatives of Russian businesses.