COVID-19 learning losses could cost the region US$1.7t in potential earnings: World Bank

More than a year after the global onset of the COVID-19 pandemic triggered the hurried region-wide closure of schools across Latin America and the Caribbean, the World Bank has said in a report released last week that the consequential “enormous losses in learning, human capital, and productivity, may translate into a decline in potential aggregate earnings for the region of US$1.7 trillion, or approximately 10 per cent of total baseline earnings.”

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