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McKinsey Global Institute

Reports issued by the McKinsey Global Institute are often cited in international media, and MGI authors frequently contribute to leading business publications. We offer a selection of articles below.

MGI In the News

article | The Huffington Post

Five myths about India's poverty

June 2, 2014—A new benchmark called the Empowerment Line, developed by the McKinsey Global Institute, aims to create a new and more holistic policy framework for poverty reduction. It calculates the cost for an Indian household to attain the basics and then compares these benchmarks to actual consumption data to measure needs that are going unmet. The results debunk a number of misconceptions about the nature of poverty in India, write Richard Dobbs and Anu Madgavkar in The Huffington Post.more

article | The Huffington Post

America is no longer the world's most connected economy

May 28, 2014—A new report from the McKinsey Global Institute and the McKinsey High Tech Practice finds that five types of global flow--goods, services, finance, people, and data and communication--increase global GDP growth by between $250 billion and $450 billion a year or 15 percent to 25 percent of global GDP growth. And the most connected country will see 40 percent more of that benefit than the least connected country, write James Manyika, Susan Lund and Olivia Nottebohm in The Huffington Post. more

article | Project Syndicate

Global flows and global growth

May 15, 2014—A new report from McKinsey Global Institute addresses these questions by analyzing the inflows and outflows of goods, services, finance, people, and data and communications for 195 countries over the past 20 years, write Susan Lund and Laura Tyson in Project Syndicate. more

article | The Cairo Review of Global Affairs

A disconnected Middle East

May 14, 2014—Our new report, Global Flows in a Digital Age: How Trade, Finance, People, and Data Connect the World Economy, features an index of "connectedness" that measures cross-border flows of goods, services, finance, people, and data and communications. In addition to allowing country-by-country comparisons, it includes regional rankings. The MENA average ranks 47th in the world, making it the second-worst-performing region; only Sub-Saharan Africa is less connected, write James Manyika and Susan Lund in The Cairo Review of Global Affairs.more

article | Project Syndicate

The two Mexicos

April 1, 2014—In a world that has grown nervous about emerging economies, Mexico stands out as an island of opportunity, with a stable fiscal position and the prospect of rising demand for its goods as the US recovery gathers momentum. Yet there is another side to the Mexico story. For all of its successes under NAFTA and other market-opening devices, the country has recorded relatively slow GDP growth. For the past 20 years, annual GDP growth in Mexico has averaged about 2.7%, which is low by emerging-economy standards and not enough to raise living standards substantially across a growing population, write Luis Rubio and Jaana Remes in Project Syndicate.more

article | Project Syndicate

From poverty to empowerment

March 3, 2014—A new McKinsey Global Institute report, "From Poverty to Empowerment," uses an innovative analytical framework, the "empowerment line," to estimate the cost to the average citizen of fulfilling eight basic needs: food, energy, housing, potable water, sanitation, health care, education, and social security. According to this metric, 56% of Indians in 2012 "lacked the means to meet essential needs.",write Subir Gokarn and Anu Madgavkar in Project Syndicate. more

article | Financial Times

‘Open data’ can raise company performance

February 11, 2014—We estimate the potential value that can be unlocked through the use of open and shared data are $3,000bn annually in seven “domains” of the global economy. The actual value may be far larger, write Steve Van Kuiken and Michael Chui in Financial Times.more

article | Project Syndicate

Big data, big new businessses

February 25, 2014—Many people have long believed that if government and the private sector agreed to share their data more freely, and allow it to be processed using the right analytics, previously unimaginable solutions to countless social, economic, and commercial problems would emerge. They may have no idea how right they are, write Nigel Shadbolt and Mchael Chui in Project Syndicate.more

article

Are you ready for the second machine age?

January 29, 2014—When we look past the current business cycle, we are convinced that the next 30 years will deliver even greater innovation and economic bounty to America and the world. We're in the early stages of what we're calling the second machine age, write Erik Brynjolfsson, James Manyika and Andrew McAfee in The Huffington Postmore

article

When easy money ends

January 28, 2014—Research by the McKinsey Global Institute suggests that lower interest rates saved the US and European governments nearly $1.6 trillion from 2007 to 2012. This windfall allowed higher government spending and less austerity. If interest rates were to return to 2007 levels, interest payments on government debt could rise by 20%, other things being equal, write Richard Cooper and Richard Dobbs in Project Syndicate.more

Economist—The debtors merry-go-round

The Economist's interactive guide shows levels of debt as a % of GDP for a selection of rich countries and emerging markets, drawing on MGI data. View interactive on Economist.commore

“Africa is home to many of the world's biggest opportunities. The trick is deciding where and how to seize them.”
Harvard Business Review

videoCNBC Interview - Richard Dobbs

Asia's urbanization challenge

MGI director Richard Dobbs and other experts discuss how city planners are rising to the urbanization challenge on CNBC Asia.more