WEF 2022: Investing in education could add $2.54 trn to the global economy

WEF 2022: Investing in the workforce and supporting teachers to teach in new ways, using innovative teaching methods, is critical to unlock skills.

A worldwide improvement in students’ capacity for problem-solving to the average level of today’s top 10 scoring countries could add an additional $2.54 trillion to the global economy, according to a World Economic Forum (WEF) report.

The compound effects of the Coronavirus (Covid-19)  pandemic, pre-existing inequalities, and the rapid technological change of the Fourth Industrial Revolution, mean that returning to the status quo not only risks undermining the global economic recovery, but also of holding back the potential of an entire generation, a white paper stated.

To enable children to thrive, the focus must be on creating learning systems