What do you mean by economic empowerment?
Economic empowerment is a process that increases people’s access to and control over economic resources and opportunities including jobs, financial services, property and other productive assets (from which one can generate an income), skills development and market information.
• Economic empowerment matters for women and girls – contributing to their broader empowerment, agency and voice, and to better welfare outcomes for them, their households and their wider communities. • It also matters for economic growth – for example, through its impacts on firm performance, agricultural productivity and generation of tax revenues.
• DFID Strategic Vision for Women and Girls
1. Delay first pregnancy and support safe childbirth;
2. Get economic assets directly to girls and women;
3. Get girls through secondary school; and
4. Prevent violence against girls and women.
Access to and control of:
• Financial assets (cash, savings, insurance, remittances etc)
• Physical assets (land, property, livestock, productive technologies etc)
• Systematic reviews of the evidence base e.g. providing girls and young women access to economic assets, in low, middle income and fragile states.
• Independent evaluations of DFID and other programs e.g. the impact of improved access to water on women’s welfare – how do they spend the time saved?