Better Jobs and Brighter Futures : Investing in Childcare to Build Human Capital

In this paper, the authors present the evidence on why childcare matters for building human capital, look at the current status of childcare provision worldwide, including an estimate of the global gaps in access, and present specific actions count...

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Main Authors: Devercelli, Amanda E., Beaton-Day, Frances
Format: Report
Language:English
Published: World Bank, Washington, DC 2021
Subjects:
Online Access:http://documents.worldbank.org/curated/en/976311613135646205/Better-Jobs-and-Brighter-Futures-Investing-in-Childcare-to-Build-Human-Capital
http://hdl.handle.net/10986/35062
id okr-10986-35062
recordtype oai_dc
spelling okr-10986-350622022-08-15T17:00:53Z Better Jobs and Brighter Futures : Investing in Childcare to Build Human Capital Devercelli, Amanda E. Beaton-Day, Frances CHILDCARE SCHOOL DROPOUT FEMALE LABOR FORCE PARTICIPATION FAMILY SUPPORT SYSTEM HUMAN CAPITAL DEVELOPMENT EDUCATION EMPLOYMENT In this paper, the authors present the evidence on why childcare matters for building human capital, look at the current status of childcare provision worldwide, including an estimate of the global gaps in access, and present specific actions countries can take to expand access to quality, affordable childcare for all families that need it, especially the most vulnerable. This paper was originally drafted prior to the Coronavirus 2019 (COVID-19) pandemic and has been updated to include new content, taking into account the unique challenges that the COVID-19 pandemic poses for families, children, governments, and the childcare industry, as well as the importance of investing in childcare to drive countries’ economic recovery. In section one the authors make the case for why childcare matters for building human capital and how it relates to a web of diverse issues that include women’s employment, family welfare, child development, business productivity, and the overall economy. In section two, the authors present the scope of the challenge worldwide, with projections of the unmet need for quality childcare and, ultimately, the size of the market opportunity. In section three the authors suggest five policy goals that all governments should work toward to ensure affordable, quality childcare for those families that need it. In section four, the authors lay out an agenda to better leverage existing resources and cross-sectoral opportunities, support country-level processes, and expand the research agenda. Detailed annexes are included at the end of the paper, which include additional research, guidance for countries, and specific policy and country examples that may be helpful in policy dialogue. These annexes can be used as standalone resources to go into more depth on specific topics. 2021-01-27T19:22:01Z 2021-01-27T19:22:01Z 2020-12 Report http://documents.worldbank.org/curated/en/976311613135646205/Better-Jobs-and-Brighter-Futures-Investing-in-Childcare-to-Build-Human-Capital http://hdl.handle.net/10986/35062 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Social Protection Study Multilingual Content :: Spanish PDFs Available
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic CHILDCARE
SCHOOL DROPOUT
FEMALE LABOR FORCE PARTICIPATION
FAMILY SUPPORT SYSTEM
HUMAN CAPITAL DEVELOPMENT
EDUCATION
EMPLOYMENT
spellingShingle CHILDCARE
SCHOOL DROPOUT
FEMALE LABOR FORCE PARTICIPATION
FAMILY SUPPORT SYSTEM
HUMAN CAPITAL DEVELOPMENT
EDUCATION
EMPLOYMENT
Devercelli, Amanda E.
Beaton-Day, Frances
Better Jobs and Brighter Futures : Investing in Childcare to Build Human Capital
description In this paper, the authors present the evidence on why childcare matters for building human capital, look at the current status of childcare provision worldwide, including an estimate of the global gaps in access, and present specific actions countries can take to expand access to quality, affordable childcare for all families that need it, especially the most vulnerable. This paper was originally drafted prior to the Coronavirus 2019 (COVID-19) pandemic and has been updated to include new content, taking into account the unique challenges that the COVID-19 pandemic poses for families, children, governments, and the childcare industry, as well as the importance of investing in childcare to drive countries’ economic recovery. In section one the authors make the case for why childcare matters for building human capital and how it relates to a web of diverse issues that include women’s employment, family welfare, child development, business productivity, and the overall economy. In section two, the authors present the scope of the challenge worldwide, with projections of the unmet need for quality childcare and, ultimately, the size of the market opportunity. In section three the authors suggest five policy goals that all governments should work toward to ensure affordable, quality childcare for those families that need it. In section four, the authors lay out an agenda to better leverage existing resources and cross-sectoral opportunities, support country-level processes, and expand the research agenda. Detailed annexes are included at the end of the paper, which include additional research, guidance for countries, and specific policy and country examples that may be helpful in policy dialogue. These annexes can be used as standalone resources to go into more depth on specific topics.
format Report
author Devercelli, Amanda E.
Beaton-Day, Frances
author_facet Devercelli, Amanda E.
Beaton-Day, Frances
author_sort Devercelli, Amanda E.
title Better Jobs and Brighter Futures : Investing in Childcare to Build Human Capital
title_short Better Jobs and Brighter Futures : Investing in Childcare to Build Human Capital
title_full Better Jobs and Brighter Futures : Investing in Childcare to Build Human Capital
title_fullStr Better Jobs and Brighter Futures : Investing in Childcare to Build Human Capital
title_full_unstemmed Better Jobs and Brighter Futures : Investing in Childcare to Build Human Capital
title_sort better jobs and brighter futures : investing in childcare to build human capital
publisher World Bank, Washington, DC
publishDate 2021
url http://documents.worldbank.org/curated/en/976311613135646205/Better-Jobs-and-Brighter-Futures-Investing-in-Childcare-to-Build-Human-Capital
http://hdl.handle.net/10986/35062
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