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.
In the Imperialist Era, the foreign loan played an outstanding part as a means for young capitalist countries to acquire independence.
The benefit of appointing a hawkish central banker is the increased inflation-fighting credibility that such an appointment brings.
The Reichswirtschaftsministerium ('Reich Ministry of Economic Affairs') tells the shop managers what and how to produce, at what prices and from whom to buy, at what prices and to whom to sell. It assigns every worker to his job and fixes his wages. It decrees to whom and on what terms the capitalists must entrust their funds. Market exchange is merely a sham.
One-sided national economic triumphs cannot be achieved in the increasingly interwoven global economy without precipitating calamitous consequences for everyone.
No pecuniary consideration is more urgent, than the regular redemption and discharge of the public debt: on none can delay be more injurious, or an economy of time more valuable.
When money is controlled by a few it gives that few an undue power and control over labor and the resources of the country. Labor will have its best return when the laborer can control its disposal.
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