Speaking more than one language can boost economic growth
www.weforum.org
Switzerland, for example, attributes 10% of its GDP to its multilingual heritage. Britain, on the other hand, is estimated to lose out on the equivalent of 3.5% of its GDP every year, because of its population’s relatively poor language skills. languages boost earning power. In Florida, workers who
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- Switzerland, for example, attributes 10% of its GDP to its multilingual heritage.
- Britain, on the other hand, is estimated to lose out on the equivalent of 3.5% of its GDP every year, because of its population’s relatively poor language skills.
- languages boost earning power. In Florida, workers who speak both Spanish and English earn $7,000 per year more than those who only speak English. According to a Canadian study, bilingual men earn 3.6% and bilingual women earn 6.6% more than their English-only peers
- knowing a second language was seen a sign of cognitive power, perseverance and a good education
- Given that linguistic diversity has such a powerful economic impact, it’s alarming that many languages face a serious risk of extinction.
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