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Female Executives Thriving in Emerging Markets

Female Executives Thriving in Emerging Markets

While women have successfully become top-level executives in many industries across the globe, surveys suggest that female executives tend to thrive more in emerging markets such as China.

According to The Economist, this push for women to take over executive positions such as that of the CEO and CFO of companies stems from the fact that more university graduates are female in emerging markets.

For instance, in Brazil 60 percent of university graduates are female, while 57 percent of college-aged Russian women enroll in tertiary education as compared to just 43 percent of men, the publication reports.

One example of a female executive succeeding in an emerging market is Zhang Yin, one of the richest self-made women in the world, according to the news source. Zhang was responsible for founding Nine Dragons Paper, which is one of the largest paper recyclers in the world.

The report from The Economist echoes a recent New York Times article, which found that women in the Middle East are also making progress in terms of becoming financial professionals, something that could not have been imagined only a few years ago.