Reducing debt in mature economies continues to be a long and slow process. But lessons of history show that with the right reforms during deleveraging, countries can return to robust long-term growth.more
Short of a very rapid change in investor behavior and adoption of new policies in the largest emerging economies, the role of equities in the global financial system may be reduced in the coming decade.more
Resource prices are rising and becoming more volatile. Without a resource revolution, we all face the prospect of damage to global growth, welfare, and the environment.more
While large enterprises and national economies have reaped major benefits from this technological revolution, individual consumers and small, upstart entrepreneurs have been some of the greatest beneficiaries from the Internet's empowering influence.more
Radical customization, constant experimentation, and novel business models will be new hallmarks of competition as companies capture and analyze huge volumes of data. Here’s what you should know.more
Latin America's largest cities are under considerable strain. If their performance doesn't improve, they risk dragging down the region's overall growth trajectory. To sustain growth, urban Latin America needs to emulate best-practice examples at home and around the world.more
The 2008 financial crisis and worldwide recession halted a three-decade expansion in global capital and banking markets. Today, growth has resumed, fueled not only by expanding developing economies but also by a $4.4 trillion increase in sovereign debt.more
MGI has updated its analysis of how total public and private-sector debt has evolved relative to GDP for selected economies.more
Europe is growing again, but the recovery is uneven and under threat from the continuing eurozone debt crisis. Europe has significant strengths on which to build but needs to address profound long-term challenges that could limit its future growth.more
To regain full employment—finding work for the currently unemployed and accommodating 15 million entrants into the labor force this decade—the US economy will need to create 21 million jobs by 2020.more
Instead of issuing narrow calls for lower taxes, the private sector should take the lead in making the case for driving growth though innovation and investment.more
James Manyika and Matthieu Pélissié du Rausas discuss how the Internet impacts economic growth, job creation, and prosperity at the e-G8 Forum.more
McKinsey Quarterly—Explore the cities and emerging urban clusters that will drive dramatic growth and demographic changes over the next generation.more
