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In economic development, the empowerment approach focuses on mobilizing the self-help efforts of the poor, rather than providing them with social welfare. Economic empowerment is also the empowering of previously disadvantaged sections of the population, for example, in many previously colonized African countries.
Black Economic Empowerment (BEE) is a policy of the South African government which aims to facilitate broader participation in the economy by black people. A form of affirmative action , it is intended especially to redress the inequalities created by apartheid .
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The concept of human development expands upon the notion of economic development to include social, political and even ethical dimensions.Since the mid-twentieth century, international organisations such as the United Nations and the World Bank have adopted human development as a holistic approach to evaluating a country’s progress that considers living conditions, social relations ...
The Gender Empowerment Measure (GEM) focuses on aggregating various indicators that focus on capturing the economic, political, and professional gains made by women. The GEM is composed of just three variables: income earning power, share in professional and managerial jobs, and share of parliamentary seats.
Women's empowerment is key to economic and social outcomes. Benefits from projects that empower women are higher than those that just mainstream gender. [ 10 ] More than half of bilateral finance for agriculture and rural development already mainstreams gender, but only 6 percent treats gender as fundamental.
and economic security for those who need them most. Chicago’s employment disparities are especially severe Employment disparities affect Greater Chicago, its people, and its economy more severely than they affect the nation as a whole. The Insight Center’s analysis of recent Census data reveals that in Cook County:
Economic development has existed even at a basic level since the earliest recorded communities. However, in the US and several other countries, the concept of community economic development emerged "in response to tenacious poverty and the need for affordable housing, good jobs, affordable health care and quality of life matters needed for human existence."