While Brazil has seen declining rates of learning poverty over the past 10 years, largely due to its efforts in primary school, it still faces a learning poverty rate of 48%. That means that 48% of Brazilian 10-year-olds cannot read and understand a simple story.
At a recent event organized by Todos Pela Educa??o and ITAU-BBA, Jaime Saavedra, Global Director of Education at the World Bank, delivered a keynote address where he introduced the goals of the Human Capital Project and the Learning Poverty Target globally. Before an audience of private sector, politicians, and civil society, he presented the Bank¡¯s new learning poverty data and specific findings for Brazil. He explained that quality education has large returns for productivity and competitiveness and how currently Brazil is not performing up to par with other countries of its income level.