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Economic Performance
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.