The conversation about how women can be included more productively in the economy has been amplifying exponentially over the past few years. “Invest in women” is now a common rallying cry for corporations, multilateral organizations, NGOs, and banks. Goldman Sachs, for example, has its “10,000 Women” initiative to provide support for female entrepreneurs, and Dell created a “Women’s Entrepreneur Network” connecting women entrepreneurs around the globe.

To make the case for these...

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