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Adolescent fertility is widely recognized as having significant consequences for young women. Early child-bearing is associated with lower schooling levels, child marriage, and worse labor market outcomes for young women. Despite these implications and notwithstanding downward trends in several countries, in many parts of the world, rates of adolescent fertility remain persistently high.
Across the globe, women face inferior income opportunities compared with men. When women do work, they are less likely to work for income and in most cases they earn less than men. Even though more than half of all women (ages 15-64) participate in the labor market globally and regionally, there are sizeable regional and national variations in the levels and trends of female labor force participation.
Providing equal rights to women and men is fundamental to achieving gender equality. On a broad set of legal rights, the average woman today is afforded only three-quarters of the rights the average man enjoys.
Even after getting their education, women in many countries still face barriers throughout their working lives. Data from the World Bank's Women, Business, and the Law identify these legal barriers and the magnitude of the economic cost.