The authors of this article summarize the findings from their research paper 'Literacy and Growth: Policy Implications of New Evidence From PIAAC' that discusses the impact of differences in average adult literacy and numeracy skills and the distribution of literacy skill by proficiency levels on labor productivity and GDP. It was found by the authors that this impact has almost doubled against findings of a similar study conducted in 2003. This stems from the need to rely more on literacy in an evolving world of globalization and technological advancement. These findings were derived from analysis of PIAAC data.
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