fights the last war, because every new encounter will be with -- shaped with different forces. Hillary clinton has joined the clinton foundation at the global initiative. WHICH BRINGS CEOs TOGETHER... See More
fights the last war, because every new encounter will be with -- shaped with different forces. Hillary clinton has joined the clinton foundation at the global initiative. WHICH BRINGS CEOs TOGETHER WITH Nonprofits to make concrete commitments aimed at some of the world's toughest problems. We talked to president clinton about that, too. The most important thing is, it turns out people want to come to a meeting where they know they have to make a commitment and they're willing to make commitments and try to keep it. They want to have an impact. They don't want to just sit around and talk anymore. I think what we have to and what we're doing better is to help people keep those commitments. We have these full-time workers that help people develop their commitments the coming year. So, what is percentage like on people? Oh, it's quite good. We get detailed progress reports now on more than 60% of the commitments and something less on another significant percentage and it's getting better. We have also gotten better at getting multiparty commitments. And, for example, the first big thing we announced here was built on something I saw at sandy, when we had the relief and chelsea said to me one day, said, dad, we ought to volunteer and go out. I said, how many people do we think we raise? 1,008 hours. She did. 1,040. And I said, when are we going? She said, next sunday. I said, chelsea, do you know how hard it is to keep 1,000 people busy for eight hours? She said, we got it covered. I go out there, sure enough they had it covered. The veterans of iraq and afghanistan, these young people who are great at deploying. One of the biggest commitments here at cgi, $1.5 billion to help fund women entrepreneurs all across the world and clinton announced her big project to track how women are doing around the world. Because it has so many implications for other things. In the poor countries of the world, if we know that we can get all of the girls in school and all of the young women in labor market, it will do more than anything to lift them out of poverty. Japan, what about this great aggressive economic program? Reminds of us in 1992. Is it going to work? And the answer is, maybe, but japan's getting older. They have a very low birthrate and they don't take immigrants yet. They're not comfortable with that. The answer is, it will work in my opinion. It will work and it will work for about 20 years in time for them to get used to taking immigrants. If they get women in the workforce at the same percentage men are. Look at america, what would it do for the american economy if the 25% pay gap still persists, actually 23 cents on the dollar, between women and men doing the same kind of work. It will be good for the economy
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