WASHINGTON: School closures during the pandemic have set back children’s learning in many G20 countries and could have a long-lasting negative impact on GDP in advanced economies, the IMF said on Tuesday.

Recent assessments of schoolchildren show that widespread virtual learning during the Covid-19 pandemic resulted in lower academic levels in India, Germany, the United Kingdom, Brazil and the United States, where many institutions were closed for more than a year.

“If these learning losses aren’t addressed, affected students could experience a lifetime of depressed earnings,” the Washington-based crisis lender said in a report.

IMF economists observed that current students will make up nearly 40 percent of the working-age population in G20 economies for decades to come.

“While much is still unknown, our simulations show that, once all such students are in the labor market, gross domestic product for advanced G20 economies could be as much as three percent lower in the long run,” the report warned.

Published in Dawn, May 18th, 2022

Opinion

Editorial

Uncertainty remains in Punjab
Updated 02 Jul, 2022

Uncertainty remains in Punjab

With the latest verdict, the judiciary seems to have unintentionally entered the political arena, which is not desirable.
Turbulence in tech
02 Jul, 2022

Turbulence in tech

THE party seems to have cooled considerably for the Pakistani start-up scene. With some of the world’s biggest...
Environmental cost
02 Jul, 2022

Environmental cost

THE collective impact of climate-disaster-health hazards are already taking a huge toll on Pakistan’s fragile...
Udaipur killing
Updated 01 Jul, 2022

Udaipur killing

The crime committed in Udaipur did not happen in a vacuum.
Unacceptable demand
Updated 01 Jul, 2022

Unacceptable demand

Negotiating with extremists is tricky; no peace treaty with them has lasted beyond a few months.
Tough times ahead
01 Jul, 2022

Tough times ahead

THE finance ministry’s projection of 15pc inflation, much higher than the targeted rate of 11.5pc, during the new...