Growth Reported In Public Investment In The Green And The Care Economy Would Yield Major Economic Benefits
May 25 2023, Professor Özlem Onaran and Dr Cem Oyvat of the University of Greenwich will present the results of a new International Trade Union Confederation (ITUC) report in front of an audience at the university’s Greenwich campus.ITUC Image
The study analysed the impact that public spending increases in the care economy, the green economy and infrastructure could have across eight countries.
It also concluded that a repeated annual increase in public spending within these three sectors would yield major economic returns across the same eight countries and create substantial new employment for a green caring just transition in emerging economies and beyond.
The speakers include:
Evelyn Astor (ITUC),
Ronald Janssen (TUAC/OECD),
David Kucera (ILO),
Boitumelo Molete (COSATU),
Geoff Tily (TUC),
Gonzalo Hernández Jiménez (former Deputy Finance Minister, Colombia),
İpek İlkkaracan (İTU),
Özlem Onaran (UoG) and Cem Oyvat (UoG),
Opening remarks by Pro-Vice Chancellor Prof. Leigh Doster, Greenwich Business School (GBS).
Professor Özlem Onaran, co-director of the University’s Research Centre Political Economy, Governance, Finance and Accountability (PEGFA), and Associate Head of the School of Accounting, Finance & Economics (Research and Knowledge Exchange) said:
“Our report suggests that investing in the green and the care economy is key to meeting United Nations’ Sustainable Development Goals for affordable and clean energy, decent work, wellbeing, gender equality, and reduced inequalities.
“Public investment must lead the way in these strategic sectors that are good for both people and the planet. These investments are even more urgent after the Covid-19 pandemic”.
You can register for the event here which will be held on 25 May from 16:00-20:00 at the University of Greenwich, Queen Anne Building Room QA080, Old Royal Naval College, Park Row, London. If you are unable to attend in person, the event is available online as well.