Former Secretary of State Hillary Clinton said Thursday that more women globally need to move from the “informal economy” in which their contributions are not recognized or paid, to the formal economy.

Speaking at Georgetown University, Clinton said significant gender gaps in economic participation remain worldwide but that if more women were allowed to work, the gross domestic product in their countries would grow.

“If you present this kind of data on what this would mean for the gross domestic product of nations, heads start nodding even among skeptical leaders in public and private sectors, “she said.

Clinton created the International Council on Women’s Business Leadership in 2011 while serving as secretary of state.

“We in this council are looking at from most basic barriers that enable girls to go onto higher education away from homes, all the way to how we get more women on corporate boards and executive positions,” she told the Georgetown crowd

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