The Future of the Care Economy 2 March 2024 The Future of the Care Economy Preface The World Economic Forum Network of Global Care underpins the entire global economy – it is an Future Councils (GFC) promotes innovative thinking engine for growth, prosperity, and well-being, and to shape a more inclusive, resilient and sustainable is the foundation for social life. Investing in the care future. [...] The Centre for the New Economy and Society is complementing its work on the future of The GFC on the Future of the Care Economy is a the care economy with a growing portfolio of frontier council hosted by the Centre for the New insight products, action initiatives and leadership Economy and Society exploring solutions and communities. [...] However, care has long been dismissed as an issue without economic This paper contributes to the evolution and relevance beyond the personal or domestic sphere acceleration of the global care agenda by taking – until recent shocks brought care back to the top stock of the state of the care economy at the of the global agenda. [...] B O X 1 Conceptualizing the care economy The care economy can be approached from – From a business perspective, organizations different perspectives: can relate to the care economy as employers with a duty of care towards workers and – From a macro perspective, the care across their supply chain, as investors and economy can be understood as the engine of innovators in the sector, and as providers. [...] Design principles considers the question of “what works?” and identifies cardinal elements of care advocacy that The second component of the organizing can be used to meet the distinct care needs of framework aims to guide efforts to spark, unique contexts and the different capabilities that strengthen and scale impact in and across economies have at their disposal.
- Pages
- 23
- Published in
- Switzerland
