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Article in Addis Standard

20 December 2024

How might investing in the care economy transform not only individual lives but also the economic trajectory of a nation?

Investing in the care economy is essential for inclusive growth, yet it remains under-recognized. Despite its vital role, representing approximately 9% of global GDP when unpaid time is factored in, care work remains largely invisible. The reason may lie in its historical undervaluation, as care duties have traditionally been performed by women without monetary compensation, sidelining its economic contribution.

By formalizing care work, we create jobs, free women’s time for paid work, and build a more inclusive economy.

Read our article published in the Addis Standard here.

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