In the first Program for International Student Assessment (PISA) results since the coronavirus pandemic, 15-year-olds in the United States scored below students in similar industrialized democracies like the United Kingdom, Australia, and Germany, and well behind students in the highest-performing countries such as Singapore, South Korea, and Estonia — continuing an underperformance in math that predated the pandemic. Globally, students lost the equivalent of three-quarters of a year of learning in math, which was the primary focus of the 2022 test. And only a few countries — Singapore, Japan, South Korea, Switzerland, and Australia — maintained high levels of math performance through the pandemic. Countries that kept schools closed longer generally saw bigger declines. Even with its declines in math, the United States lost less ground than some European countries that prioritized opening schools more quickly.
- Date Posted:
- December 4, 2023
Mexico has been singled out by investors as one of the countries best placed to economically benefit from geopolitical changes. Referring to Mexico, JPMorgan’s chief executive Jamie Dimon told Bloomberg TV this month: “If you had to pick a country this might be the number one opportunity.” Mexico this year became the US’s largest trading partner, ahead of Canada, as it began to win a bigger share of the ground lost by China. Sceptics point out that foreign direct investment, which rose to a record $32.9 billion in the first nine months of this year, mostly reflects reinvestment of profits rather than new projects.