What about Investing in the Care Economy? A Gender equitable alternative to austerity and low growth
A new report by the UK Women’s Budget Group for the International Trade Union Confederation (ITUC) shows that investing public funds in childcare and elder care services is a worthwhile investment that is more effective in reducing public deficits and debt than austerity policies: it would boost employment, earnings, economic growth and fosters gender equality. The report shows that an investment of 2% GDP in the caring industries would generate up to 1 million jobs in Italy, 1.5 million in the UK, 2 million in Germany and 13 million in the USA.
For the full report, see here
The Women's Budget Group Briefing is here
Equal Times feature on the Report is here