San Francisco, September 14, 2011 — Today, Asia Foundation’s chief economist, Véronique Salze-Lozac’h, spoke at the high-profile Asia-Pacific Economic Cooperation (APEC) Women and the Economy Summit (WES) on the challenges women entrepreneurs face in Asia. The Asia Foundation is the premier nonprofit, non-governmental organization devoted to Asia’s development, including empowering women and creating economic opportunities for women across the Asia-Pacific region.
During the “Ease of Doing Business Seminar on Women’s Entrepreneurship” APEC SME Working Group, Ms. Salze-Lozac’h, Director of the Foundation’s Economic Development Programs, joined leading economists, experts, government officials, and women entrepreneurs from around the world. The forum she participated in focused on identifying areas where government policies have either helped or hindered women’s economic efforts.
According to Ms. Salze-Lozac’h: “The stakes for women in Asia are extremely high. Undoubtedly, women-owned businesses play a key role raising living standards through increased job growth and sustainable economic growth.” She continued: “Women entrepreneurs that we’ve met in various meetings facilitated by The Asia Foundation or by our partners often complain about the difficulty they encounter accessing basic information on their legal, fiscal, and business environments; this leaves them in a situation of uncertainty and increased vulnerability. Clearly, women entrepreneurs need the chance to network and raise their voice in order to fully engage in the policy-making process that shapes business environments.” Read more of Ms. Salze-Lozac’h's insights from the seminar on our blog, In Asia.
Earlier in the day, The Asia Foundation, Give2Asia, and Marvell hosted a luncheon with featured speaker, Mr. Jim Adams, Vice President of the East Asia and Pacific Region at the World Bank.
“We are honored to participate in the APEC Women and the Economy Summit,” said David D. Arnold, President of The Asia Foundation, welcoming guests to the lunch. “The Asia Foundation has been a long-time champion of women’s empowerment with on-the-ground programs that create new political and economic opportunities for women across Asia. Together with our local partners, we see first-hand that sparking economic opportunities for women can profoundly increase the output and productivity of a country’s economy.”
The APEC Women and the Economy Summit (September 13-16, 2011) is the premier event bringing together senior private and public sector players for a dialogue on fostering women’s economic empowerment among the APEC economies. The dialogue will support a set of policy recommendations that will be delivered to the APEC Economic Leaders’ Meeting, scheduled for November 12-13, 2011 in Honolulu, Hawaii.