What's On

What will be the long-term economic impact of school shutdowns? Due to the Covid-19 pandemic, schools around the world have been suspended for months, and more than a year in the case of Hong Kong. Even though many students have continued their studies at home using online resources, the overall economic loss of learning is expected to be significant.

Given that a person's income level is directly related to the number of years of schooling they've received, it is important to estimate the long-term economic loss as a result of these school closure.

How much will Hong Kong's economy lose in the long run, from the year-long absence of face-to-face teaching? On a micro level, how much will each student lose over his or her lifetime, and what factors will determine that amount? Has online learning been an adequate substitute for classroom teaching?

David Lai, senior researcher at MWYO, and Justin Chan, researcher at MWYO, will discuss these issues at a July 12 webinar. They will share their findings and policy recommendations from their latest report, "The Potential Impacts of COVID-19 Schools Closures on Loss of Earnings." MWYO is a think tank focusing on youth issues.

Speakers' presentations at this event are intended for educational purposes only and do not replace independent professional judgment. Statements of fact and opinions expressed during this event are those of the speakers and participants and, unless expressly stated to the contrary, are not the opinion or position of the Hong Kong General Chamber of Commerce, its members, or its committees. The Chamber does not endorse or approve, and assumes no responsibility for, the content, accuracy or completeness of the information presented. Attendees should note that, with the approval of speakers, this event may be recorded, and possibly published on the Chamber's website in audio and/or video formats without further notice.

Recording, duplication or distribution of the contents of the online event is prohibited without prior written permission from the Chamber.


David Lai

David Lai is a senior researcher of MWYO. He graduated in public policy and sociology. He is an experienced researcher who specialised in youth career and life planning. He has written research reports and opinion articles on local newspaper such as Hong Kong Economic Journal and Hong Kong Economic Times.

Justin Chan

Justin Chan is a researcher at MWYO. He specialises in employment policy and economic analysis related to Hong Kong’s youth. He has written and co-written several research reports, and regularly writes opinion pieces for local newspapers such as Hong Kong Economic Journal and South China Morning Post. 

Justin graduated from the University of Warwick with a bachelor’s degree in Philosophy, Politics and Economics and University College London with a master’s degree in Public Policy.

Language Cantonese
Date and Time 2021/07/12 16:30 to 17:30
Venue Online via Zoom
Media Closed to media
Enquiries Ankie Pang
Tel: 2823 1237
  • HK$ 100 for Members / HK$ 200 for Non-Members (Attend via Zoom)
  • HK$ 100 for Members / HK$ 200 for Non-Members (Attend in Person)
+$50 for booking offline
Notes - Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 3 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.

Over the years, we have helped businesses overcome adversity and thrive locally, in Mainland China and internationally.

If you want to take advantage of our network,insights and services, contact us today.