Students attending school in the current environment could conceivably have a 3% lower lifetime income caused by coronavirus-induced school closures. The most vulnerable are suffering the most under educational restrictions induced by COVID-19. Yet, there exist potential roads to action.
Following the publication of our “Globalization Report 2020“ which considers a sample of European countries as well as other major economies from around the globe, we now look closer at the eleven Eastern European economies examined in this report: Poland, Bulgaria, Hungary, Romania, Czech Republic, Slovakia, Slovenia, Estonia, Latvia, Lithuania, and Russia.
Economic impact of coronavirus: Last year we published the first issue of our megatrend report, which examines the central interactions between the megatrends of globalization, digitalization, and demographic change and their effects on people’s employment and income opportunities. In the second issue, we discuss the impact we expect the Corona pandemic to have on the medium and long-term development of digitalization and globalization.