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Ressource category: Economic growth

Tackling Gender Inequality: Definitions, Trends, and Policy Designs

By fabi

The paper examines the complex interplay between gender inequality, childcare, and economic development. It highlights that addressing gender inequality, including disparities in childcare responsibilities, has significant socio-economic benefits, extending beyond women to society as a whole. The document suggests that targeted and general policies, informed by the nuanced understanding of gender gaps and inequality, are … Continued

Reducing and Redistributing Unpaid Work: Stronger Policies to Support Gender Equality

By fabi

The paper explores the significant role of unpaid work, predominantly undertaken by women, in the economy, and its implications for gender inequality. Highlighting unpaid work’s exclusion from GDP calculations, it emphasizes how this undervaluation affects women’s labor force participation and economic productivity. The paper advocates for policies aimed at reducing and redistributing unpaid work to … Continued

Evidence review of the global childcare crisis and the road for post-covid-19 recovery and resilience

By fabi

The text emphasizes the critical impact of the COVID-19 pandemic on women’s equality, particularly highlighting the exacerbated childcare crisis. It discusses how women, especially in precarious jobs and the informal sector, have faced significant livelihood disruptions due to lockdowns and restrictions. With the surge in unpaid care work, the document calls for urgent integration of … Continued

The childcare dividend initiative. Unheard voices: measuringthe urgency for childcare investment and policy reform

By fabi

The “Childcare Dividend Initiative” report by Economist Impact, supported by the Bill & Melinda Gates Foundation, explores the crucial role of childcare in enhancing women’s labour participation and societal well-being. It highlights the economic and social barriers caused by inadequate childcare access and the potential benefits of investment in this sector. The report emphasizes the … Continued

Better Jobs and Brighter Futures: Investing in Childcare to Build Human Capital

By fabi

The report by Devercelli & Beaton-Day (2020) emphasizes the critical role of childcare in enhancing human capital. It highlights the substantial gap in childcare access globally and outlines actions for expanding quality, affordable childcare, especially for vulnerable families. Updated to consider COVID-19 impacts, the report argues that improved childcare access can significantly benefit women’s employment, … Continued

The benefits of investing in transformative childcare policy packages towards gender equality and social justice

By fabi

The report underscores the economic and social benefits of closing the global childcare policy gap, highlighting an average $3.76 return on every dollar invested by 2035. It emphasizes the potential for increased women’s employment and reduced gender wage gaps, advocating for transformative investments in childcare and early childhood education to promote gender equality, economic growth, … Continued

The child care economy: How investments in early care and education can fuel U.S. economic growth immediately and over the long term

By fabi

The report emphasizes the economic benefits of investing in early care and education, highlighting how it supports immediate and long-term U.S. economic growth. It addresses the current inadequacies of the private childcare market, advocating for increased public investment to ensure accessible, affordable, and high-quality childcare. The report suggests that such investments can stimulate economic activity, … Continued

The power of parity: How advancing women’s equalitycan add $12 trillion to global growth

By fabi

The McKinsey Global Institute report, “The Power of Parity,” explores the economic impact of gender equality, estimating that achieving gender parity could add $12 trillion to $28 trillion to global GDP by 2025. It highlights the significant economic opportunities lost due to gender disparities in work, education, health, and representation. The report emphasizes the need … Continued

The economics of early childhood investments

By fabi

The White House report from the Obama administration in 2015 focuses on the economic benefits of investing in early childhood care and education (ECCE). It underscores the substantial returns to society from such investments, including enhanced cognitive and socio-emotional development in children, increased earnings and employment for parents, and broader societal benefits like reduced crime … Continued