Ross Clark Ross Clark

What’s the true cost of lockdown on our kids’ futures?

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We’ve heard endless statistics on the likely death toll from Covid-19, and over the past week we have learned just how great was the economic devastation in most countries in the second quarter as they locked down to deal with the disease. But what about the global impact on children’s education? That is something the World Bank has attempted to estimate. School closures, it concludes, effectively reduce the times spent in education by between 0.3 and 0.9 years. Globally, before the pandemic, the average child went through 7.9 years of schooling. For the Covid generation this will be reduced to between 7.0 and 7.6 years.

The World Bank goes on to try to estimate what this will mean for those children over their lifetimes – and comes up with the figure that they will lose an average of $872 (£670) in annual earnings throughout their lifetimes.

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