The evidence shows that open, inclusive and diverse societies are better for economic growth, and that discrimination on the basis of sexual orientation or gender identity can damage long-term economic prospects.
Proposition 1: Competitiveness
LGBT+ inclusive economies are more competitive.
Proposition 2: Entrepreneurship
LGBT+ inclusion results in higher levels of entrepreneurship, creativity and innovation.
Proposition 3: Corruption
LGBT+ discrimination often goes hand-in-hand with corrupt practices and a lack of openness.
Proposition 4: Direct Investment
LGBT+ inclusion is associated with higher levels of direct investment.
Proposition 5: Global Markets
LGBT+ discrimination may inhibit local companies from connecting to global markets.
Proposition 6: Brain Drain
LGBT+ discrimination results in a “brain drain” – the emigration of talented and skilled individuals.
Proposition 7: Public Health
LGBT+ discrimination leads to negative economic consequences as a result of poor health outcomes.
Proposition 8: National Reputation
LGBT+ discrimination impacts perceptions on a world stage, which drive tourism, talent attraction and export markets for consumer goods.
Proposition 9: National Productivity
LGBT+ discrimination leads to lower levels of national productivity.
Proposition 10: Urban Economic Development
LGBT+ inclusion signals a diverse and creative environment, which creates the right conditions for urban economic development.
Proposition 11: National Economic Development
LGBT+ inclusive economies have higher levels of economic development.