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It is the year 2012 and almost four years after the Lilly Ledbetter Fair Pay Act was signed into law. Surely, the gender wage gap has been narrowed, right? Wrong.
Even with advances toward equalising pay between men and women, men still make almost 20 percent more than women in nearly all industries. This is despite the fact that women receive the same education, pay the same amount of tuition and incur the same levels of debt upon graduation. In fact, the only major differences are that there are more females in college who, incidentally, tend to have better GPAs on average.
Check out the infographic below to learn more about gender pay gaps.
On Independence Day 2014, India’s Prime Minister Narendra Modi launched his financial inclusion plan to provide a bank account to every Indian household. His ‘Jan-Dhan Yojana’ (Scheme for People’s Wealth) — which, in typical Modi vernacular, plays on rhyming words — seeks to provide financial independence to unbanked Indians through a two-phase plan. Read more
Joseph E. Stiglitz,
Mohamed A. El-Erian,
Isam al Khafaji,
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