00:04 The term learning loss is commonly used to
00:06 describe declines in student knowledge and skills.
00:10 It could also refer to reversals in academic progress,
00:14 most commonly due to extended gaps or
00:16 just discontinuities in a student's education.
00:20 In the context of COVID-19,
00:22 school closures led to forgetting and foregoing knowledge.
00:25 Because
00:26 these losses will translate into greater
00:29 long term impacts
00:31 they threatened decades of progress in getting all children
00:33 enrolled into school and to recent efforts to improve quality
00:38 learning loss is important because it implies
00:41 a decrease in human capital and we know that
00:43 lower levels of human capital
00:46 are associated with lower future earnings lower earnings are associated with
00:51 higher levels of poverty and therefore economic growth will suffer.
00:56 The World Bank estimates
00:58 that
00:59 school closures will lead to student
01:02 earnings losses in the amount of $17 trillion
01:06 in annual terms that's 0.8% of GDP.
01:11 The World Bank can help Central Asian
01:13 countries to implement learning recovery programs.
01:16 It's imperative that we measure learning loss that we support teachers
01:21 and schools with the resources they need to address learning needs.
01:25 The bank can also help countries to make their education systems more resilient
01:29 and prepare for future shocks by
01:31 developing the online distance education systems.
01:34 Most importantly,
01:35 before doing any of these things,
01:37 countries must measure learning outcomes,
01:39 and the bank can help here too.
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