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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
May 2012—MGI analyzes the performance of mature economies’ tradable sectors. We found that reality is often at odds with conventional wisdom.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
June 2010—Africa's economic growth is creating substantial new business opportunities that are often overlooked by global companies. Consumer-facing industries, resources, agriculture, and infrastructure together could generate as much as $2.6 trillion in revenue annually by 2020, or $1 trillion more than today.more
June 2010—The rate of return on foreign investment is higher in Africa than in any other developing region. Global executives and investors must pay heed.more
September 2009—The way out of the economic slowdown is a more effective use of the country’s resources—not just more resources.more
April 2009—Labor productivity in Russia remains low, but improvements have been promising. In five sectors—steel, retail, retail banking, electric power, and residential construction—productivity stands now on average at 26 percent of US levels in 2007.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.