The State of the Global Education Crisis: A Path to Recovery report (produced jointly by UNESCO, UNICEF, and the World Bank), we sounded the alarm: this generation of students now risks losing $17 trillion in lifetime earnings in present value, or about 14 percent of today’s glob
This generation of students now risks losing US$ 17 trillion in lifetime earnings in present value, or about 14% of today’s global GDP, as a result of COVID-19 pandemic-related school closures, according to a new report published today by the World Bank, UNESCO, and UNICEF. The new projection reveals that the impact is more severe than previously thought, and far exceeds the US$ 10 trillion estimates released in 2020.
A generation of students now risks losing USD 17 trillion in lifetime earnings in present value, or about 14 percent of today’s global GDP, as a result of Covid-19 pandemic-related school closures, according to a new report published yesterday (Monday) by the World Bank, UNESCO and UNICEF.