Advancing Economic Freedom Is Key to Realizing Women’s Global Development and Prosperity Initiative

The Daily Signal | 5/2/2019 | Staff
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Anthony B. Kim researches international economic issues at The Heritage Foundation, with a strong focus on economic freedom. Kim is the research manager of the Index of Economic Freedom, the flagship product of the Heritage Foundation in partnership with The Wall Street Journal. Read his research.

Highlighting her recent trip to Africa, Ivanka Trump penned a commentary that makes a strong case for the Trump administration’s Women’s Global Development and Prosperity Initiative.

Difficulties - Women - Africa - Poverty - Jobs

“Despite the incredible difficulties they face, women in Africa are already transcending poverty, creating jobs, and pioneering a brighter future,” the first daughter wrote in an op-ed for CNN. “Now, we want to empower them, and their sisters, to unleash even greater economic prosperity and peace for the people of Africa, for our country, and for the world.”

The Women’s Global Development and Prosperity Initiative, which has involved the National Security Council, the State Department, and other relevant agencies, seeks to support women in the workplace, helping them succeed as entrepreneurs, and by advancing legal reforms that will create greater gender equality.

Imperative - Women - Empowerment - Trump - Administration

The imperative for women’s economic empowerment is quite clear. As articulated in the Trump administration’s National Security Strategy, “societies that empower women to participate fully in civic and economic life are more prosperous and peaceful.”

Greater empowerment of women enhances economic dynamism and leads to broader development outcomes. It tends to contribute to reducing income inequality and boosting economic diversification and, in turn, supports overall economic resilience.

Women - Choice - Control - Freedom - Participation

Indeed, empowering women with greater economic choice and control is really about advancing their economic freedom and participation in entrepreneurial undertakings.

As a vital component of human dignity and independence, economic freedom is valuable as an end itself, as well as a means. Economic freedom provides...
(Excerpt) Read more at: The Daily Signal
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