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Increasing support for female entrepreneurs could boost the global economy by trillions of dollars, according to research released on Tuesday that found women who start businesses face more challenges than men.

Helping women start their own businesses could immediately increase global economic output by as much as $5 trillion, about the size of Japan’s economy, said the study, which found there are more male than female entrepreneurs in almost every country.

The study, by consulting firm Boston Consulting Group (BCG) and the Cherie Blair Foundation for Women, found more working-age men start businesses than women in every country except Vietnam, Mexico, Indonesia and the Philippines.” Read More

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