TAIPEI (CNA) – Taiwan is the top country in Asia in terms of giving women and men equal rights under the law, according to a women’s empowerment study released recently by the World Bank.
The study, titled “Women, Business and the Law 2019: A Decade of Reform,” examines laws and regulations affecting women’s prospects as entrepreneurs and employees across 187 economies worldwide for the past 10 years.
It employs eight indicators – Going Places, Starting a Job, Getting Paid, Getting Married, Having Children, Running a Business, Managing Assets and Getting a Pension – that are structured around women’s interactions with the law as they begin, progress through and end their careers.
Taiwan scored full marks in all five indexes, except for Having Children, Running a Business and Getting a Pension, for which it scored 80, 75 and 75, respectively.
Taiwan currently shares an average total score of 91.25 with Albania and New Zealand.
The overall score is calculated based on the average of all eight indicator scores on a scale of 0-100, with 100 representing the best score overall.
According to the World Bank study, Taiwan, among 22 other economies, have performed well over the past 10 years by removing all job restrictions on women in all sectors of the economy.
The next best performing Asian economy on the list was Hong Kong with an overall score of 86.25, followed by South Korea at 85 and Singapore at 82.50.
Denmark, France, Latvia, Luxembourg, Sweden and Belgium were the only countries to score 100, meaning that they give women and men equal legal rights in all categories.
“Ultimately, the data shows us that laws can be tools that empower women rather than that hold us back from achieving our potential,” Kristalina Georgieva, interim president of the World Bank Group, was quoted as saying in the report.
By Ko Lin