Tag: Formal economy

A robust care economy is crucial for developing nations as it promotes gender equality and drives inclusive economic growth. Through an increased number of women in the workforce and improved training, wages, and working conditions in the care industry, governments and the private sector can create a stronger care economy. MSC has worked with a range of stakeholders, simplified childcare models, and provided recommendations to accelerate the development of a vibrant care economy.

Olivia Obiero Nganga in a studio interview with K24 TV discussing how the gig economy has the potential to decrease unemployment rates amongst youth, through providing an avenue to meaningful engagement with the formal economy.