Research and Report on Enhancing the Economic Returns of the Care Economy Presented

The Ministry of Family, Labour and Social Protection, in cooperation with the Department of Economics of the National University of Mongolia, organized a discussion event to present and review a report on the “Care Economy.”

The event was attended by representatives from the Ministry of Family, Labour and Social Protection and its affiliated agencies, as well as the Ministry of Health, the Ministry of Economy and Development, the Mongolian Association of the Elderly, the National Centre for Gerontology, universities, and non-governmental organizations.

As part of the research and report presentation, the following topics were introduced and discussed:

·         Demographic changes and care needs;

·         Gender equality and unpaid care work;

·         Entrepreneurship, the labour market, and the care burden, including access to care services and policy reforms;

·         Climate change and care-related risks;

·         Changes in time use and the organization of household care.

The research and report are of significant importance in raising awareness of the care economy beyond the social protection and employment sectors, enhancing the economic returns of the care economy in Mongolia, and supporting the development of evidence-based policies and programs in the future.