Learn about new research from the Brookings’ Workforce of the Future initiative on upgrading the career prospects of America’s low-wage workers.
Every person deserves the opportunity for dignified employment that provides living wages and potential for advancement. However, for many in America today, this is far from reality, as they are caught in a cycle of low-wage work, earning poverty wages and unable to move up in the economy.
Local leaders, firms and workers need to adapt quickly to keep pace with rapid technological innovation and its transformative impact on the U.S. economy. Using reskilling as a focal point, this report aims to provide policymakers with tools to do so by answering the following questions:
By Shamina Singh, President, Mastercard Center for Inclusive Growth, Mastercard
Over the past three decades it has become increasingly clear that neighbourhoods play a key role in shaping economic prospects. A long body of research shows that where we live determines many of our life opportunities—from access to good schools to decent jobs and the transportation that connects us to those jobs.
Digitalization could unlock $100 trillion in value for businesses and wider society over the next decade.
By: Carlos Monteverde
According to the World Economic Forum, digitalization could unlock $100 trillion in value for businesses and wider society over the next decade – but what will that look like, and who will it reach? We are seeing a number of new companies and new business models transform the way consumers gain access to goods and services, and many of them may have a profound impact on financial inclusion.
WASHINGTON, D.C., November 5, 2019 /3BL Media/ – Four philanthropic funders including Mastercard committed more than $72 million in funding to advance equitable and sustainable economic growth. The announcements were made on Monday, October 21st at the inaugural Global Inclusive Growth Summit.
$26 million investment from Mastercard will power a new Aspen Institute initiative aimed at building an economy where people and communities around the world can thrive
WASHINGTON, DC, October 22, 2019 /3BL Media/ –– With the goal of making significant progress toward solving one of the most pressing and complex challenges of our time, The Aspen Institute (the Institute) and the Mastercard Center for Inclusive Growth (the Center) have announced the creation of the Aspen Partnership for an Inclusive Economy (APIE). The multi-year Mastercard-Aspen partnership will combine the ideas, talents, and resources of the public, private, and nonprofit sectors to address income and information inequality through the lens of inclusive growth.
The Global Business Coalition for Women’s Economic Empowerment (GBCforWEE) brings together a group of major multinational corporations - who were first convened in 2014 by Professor Linda Scott, Emeritus DP World Chair for Entrepreneurship and Innovation, as part of the Corporate summit on women's economic empowerment - to discuss how better to include women in the world econ