Article in Addis Standard
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.
See more articles
How might investing in the care economy transform not only individual lives but also the economic trajectory of a nation?
24th October 2024 marks a significant milestone for Partnership for Change (PfC); 10 years of creating lasting impact in Ethiopia! A journey of empowering women, strengthening families, and building brighter futures.
Globally, women own 1 of 3 businesses. Yet, they face significant barriers like limited access to financing, lack of childcare support, and gender bias in the workplace.