BUENOS AIRES/WASHINGTON – The COVID-19 pandemic may have slowed the global economy in 2020, but the “care economy” was working harder than ever.
For too long, economists and policymakers have ignored this segment. Economic models account for the goods and services sold in the market and the workers who produce them, earn income and pay taxes. But the labor that enables those workers to be fed, cared for as children and supported when sick is nearly invisible in official data.
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