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December 2013—The nations of Central and Eastern Europe were among the fastest growing in the world before the global financial crisis. Restoring that kind of growth will require a strategy that raises investment, expands high-value exports, unleashes productivity in domestic sectors, revives foreign direct investment, and increases domestic savings.more
December 2012—Private investment was the hardest-hit component of Europe’s GDP between 2007 and 2011—but it can also be a major driver of the region’s recovery. more
December 2013—In 20 years, almost half of the world’s countries could depend on their resource endowments for growth. These economies have a huge opportunity to transform their prospects, and a new model could help governments capture the coming resource windfall instead of squandering it.more
November 2013—Ultra-low interest rates, in part as a result of central-bank policies since 2007, have had a very different distributional impact on governments, corporations, financial institutions, and households.more
January 2013—Just keeping pace with projected global GDP growth will require an estimated $57 trillion in infrastructure investment between now and 2030. Practical steps can reduce infrastructure spending by 40 percent—an annual saving of $1 trillion—by boosting productivity. more
January 2013—Sweden's economy is faring better than many of its peers, but to compete in the long term, the nation must address five key issues. more
May 2012—Unemployment is rising. Unless it comes down, France won’t be able to sustain its beleaguered social safety net.more
January 2012—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
July 2011—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
November 2010—Prospects for economic growth in the United Kingdom are strong, provided that bold action is taken to remove key barriers.more
October 2010—With multiple pressures on growth and constrained public finances, Europe needs structural reform even to match past GDP growth rates. Parts of Europe have begun to reform with demonstrable success. more
By 2035, the EU-15 will need to spend 3.4 percent more of GDP than it did in 2007 directly because of aging and related pension, health care and long-term care costs more
The McKinsey Global Institute (MGI), the business and economics research arm of McKinsey, was established in 1990 to develop a deeper understanding of the evolving global economy. Our goal is to provide leaders in the commercial, public, and social sectors with the facts and insights on which to base management and policy decisions.