The Household Economy is Good Business

The household economy is the cradle of development in all human societies. Whatever goes amiss or aright in the household economy tend to impact on the macroeconomy and extend to the global economy.


As local and global governance institutions come to recognise the fundamental mechanisms of the household economy, care economy and their agents, they move to advance family-friendly policies and equality of opportunity in the interest of sustainable development. Given that inequities breed chaos, conflict, and stifle socio-economic progress, all households, corporates, governments, global institutions and their agents, should prioritise the vulnerable in day-to-day considerations and seek improvements in quality of life for all. The household economy is good business. #householdeconomics #decisionmaking #familyfriendlypoliciesInternational Labour Organization #globalcompact Photo credit: Rowman and Littlefield

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