ADB Warns on Economic Cost of School Closures

An Asian Development Bank report has highlighted the rising economic cost of disrupted education during the pandemic, as school closures and other missed learning opportunities rob children of future livelihoods and deprive lower income workers of a chance to get ahead. The report says almost a trillion dollars-worth of output, or 3% of global economic growth, could be lost by 2030. Albert Park, Chief Economist at the ADB, explains what needs to be done to heal a hidden scar of COVID-19.