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Ideas  > World Economic Forum 2004
World Economic Forum 2004 - Strategies in Global Interdependence

This year's meeting of the World Economic Forum in Davos, Switzerland, explored the issues of security and prosperity, as well as the relation of one to the other. A group of McKinsey delegates joined the conference this year to provide our perspectives on vital issues that business leaders face in an increasingly interdependent world.

Among the topics our delegates addressed are: the benefits and challenges of offshoring; business opportunities and trends in China; and the balance between risk and control in managing corporations.

Offshoring
The McKinsey Global Institute's latest research shows that offshoring can be as beneficial to the U.S. as it is to the destination country. A perspective from MGI and articles from the McKinsey Quarterly as well as a video interview with MGI Director Diana Farrell explore both the opportunities for and the real costs of offshoring.
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China
China has reached the point of no return in terms of its economic reforms and progress. An overview of the book Capitalist China and an interview with the author, Jonathan Woetzel, provide insights into what those changes mean to multinational and Chinese businesses.
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Risk, Control, and Performance
Businesses navigating a risky global economic environment might be tempted to rein in their plans. A series of articles from the McKinsey Forum argues that the greater risk, however, may be in avoiding risk altogether.
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McKinsey Quarterly Articles
Review a collection of selected articles that explore the issues around offshoring, China, and corporate risk and control.
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Biographies
Read an overview of the biographies of the McKinsey participants at this year's meeting of the World Economic Forum as well as of contributors to this feature.
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WEF 2004 Feature
Introduction
Offshoring
China
Risk, Control, and Performance
McKinsey Quarterly Articles
Biographies
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