Report | Insights

Within Reach How Digital Wages That Work for Women Can Support Bangladesh’s Economic Future

This report details HERproject's progress towards wage digitization, three plausible alternative futures to what wage digitization may look like in 10 years, and recommendations for action to strengthening digital payment systems that empowers workers.

Wage digitization of low-income populations has the potential to be a win-win opportunity that can deliver both social and economic progress, helping countries meet the UN’s Sustainable Development Goals. For garment workers, it can mean transparency over pay, the chance to open a financial account, and greater economic empowerment. For the wider economy, it can mean improving efficiency for factories, a new market segment for financial service providers (FSPs), and citizens saving and remitting more money. This report sets out three possible future scenarios of how things might evolve for women workers. This exercise aims to assist policymakers developing Bangladesh’s digital road map—highlighting where the risks and opportunities are.

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Originally posted on 2021 October 26 at https://www.bsr.org/en/our-insights/report-view/how-digital-wages-for-women-can-support-bangladeshs-economic-future. #herfinance, #report

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Authors


Alice Allan, Consultant

Ella Moffat, Manager | France; Smita Nimilita, HERproject Country Representative | Bangladesh; Justin Hui, Associate | Hong Kong