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Empowering women in economic activities is needed to help South Korea increase its national income and birth rate while making workplaces more equitable for women will result in higher growth and financial stability for businesses, the International Monetary Fund chief said during a forum held in Seoul on Thursday. “Korea has recently made significant progress in increasing women’s economic participation,...

With the right policies to reduce the gender gap in number of hours worked to the average across peer countries, Korea could increase its per capita income by 18 percent, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday.