Investing in women is smart economics, and investing in girls, catching them upstream, is even smarter economics.
Interpretation
Investing in women and girls is not only beneficial for them personally but also advantageous for the economy as a whole.
The quote by Ngozi Okonjo-Iweala emphasizes the importance of investing in women and girls, suggesting that such investments bring considerable economic returns. By focusing on girls and enabling their potential early, society can harness a smarter economic strategy that leads to sustainable development and improved outcomes for communities.
In practice
This quote can be used in a discussion about budget allocations for educational programs targeting girls.
When I became finance minister, they called me Okonjo-Wahala - or 'Trouble Woman.' It means 'I give you hell.' But I don't care what names they call me. I'm a fighter; I'm very focused on what I'm doing, and relentless in what I want to achieve, almost to a fault. If you get in my way, you get kicked.
I'm trying to tell you that there's a new wave on the continent. A new wave of openness and democratization in which, since 2000, more than two-thirds of African countries have had multi-party democratic elections. Not all of them have been perfect, or will be, but the trend is very clear.
The best way to help Africans today is to help them to stand on their own feet. And the best way to do that is by helping create jobs.
When you save the life of anyone, a farmer, a teacher, a mother, they are contributing productively into the economy.
I felt Nigeria didn't have to succumb to the image of being a corrupt country; we didn't have to let the economy stagnate.
I know what it means to go to the stream to fetch water... what it means when people are poor and don't have enough to eat. It's not enough to say you know about poverty. You have to live it.
With the exception of the instinct of self-preservation, the propensity for emulation is probably the strongest and most alert and persistent of the economic motives proper.
What Asia's postwar economic miracle demonstrates is that_x000D_ capitalism is a path toward economic development that is potentially_x000D_ available to all countries. No underdeveloped country in the_x000D_ Third World is disadvantaged simply because it began the growth_x000D_ process later than Europe, nor are the established industrial powers_x000D_ capable of blocking the development of a latecomer, provided_x000D_ that country plays by the rules of economic liberalism.
Let me put it very forcefully: No large economy has ever recovered from an economic downturn through austerity. It's not going to happen in the United States, and it's not going to happen in Europe.
If the job of capitalism is to create wealth for those who put up the capital, no fund group comes close to Vanguard's success in serving its owners. So we're probably as far away from communism as is realistically possible.
Measures which serve to abridge the free competition of foreign Articles, have a tendency to occasion an enhancement of prices.
Significantly opening up immigration to skilled workers solves two problems. The companies could hire the educated workers they need. And those workers would compete with high-income people, driving more income equality.
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