Welcome to the latest edition of MGI's Research Update.

Assessing Financial System Performance and the Value of Reforms in China and India
Two MGI reports offer estimates of the costs of inefficiencies in China's and India's financial systems and the potential gains to their economies from reforms.

• Putting China's Capital to Work: The Value of Financial System Reform.
  Reforming China's financial system could boost GDP by up to $321 billion annually.
  
  
• Accelerating India's Growth through Financial System Reform.
  India could boost its real GDP growth to 9.4 percent a year through an integrated program of financial system reform.

Sizing up China's Emerging Middle Class
Global companies that focus mainly on serving China's urban affluent consumers risk missing the real opportunity — the emerging middle class, according to new MGI research.
Read the report »

Mapping the Global Capital Market
In its second annual report, MGI highlights trends in the evolution of the global financial stock across countries, regions, and asset classes, and shows that it continues to grow apace totaling more than $136 trillion and set to exceed $228 trillion by 2010. Much of this growth is driven by debt
Read the report »

Assessing Sweden's Economic Performance
To sustain growth, Sweden should focus on three priorities: improve competition in the private sector, accelerate productivity in the public sector, and focus on job creation in services sectors.
Read the report »

How Brazil Can Grow
New research on Brazil's economy maps the barriers to productivity growth at the sector level.
Read the report »

Smarter Offshoring
A new Harvard Business Review article suggests that companies need to explore the emerging global labor market beyond the hot spots and to base investment decisions not just on costs but also on talent, markets, strategic aims, and appetite for risk.
Read a summary of the article »

New Column Features MGI Research
A new MGI column published on BusinessWeek Online on tackling the informal economy argues that companies that operate in the gray sap economic growth in the developing world and explores what governments can do about it. Another column examines the services talent pools in China and India and their implications for U.S. employment.
Read the columns
Tackling the Informal Economy »
Don't Be Afraid of Offshoring »

New Book: The Origins of Wealth
MGI Senior Fellow Eric Beinhocker's new book explores how "complexity economics" are turning a hundred years of economic theory on its head and can provide important new insights on issues in strategy, organization, finance, and public policy.
Read a summary of The Origin of Wealth »

What's in the Research Pipeline
Over the next few months, we look forward to sharing further research on trends relating to consumer demand in China and India. We will also expand our research agenda to include new work on healthcare and the supply of and demand for natural resources.

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