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Productivity, Competitiveness & Growth

The brightening mood of European business—and what it means for investment

– Executives are increasingly optimistic about the region’s business outlook, but new survey results suggest more work is needed to instill confidence and stability. A few measures could help.

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Here’s how to get the US economy to grow 3.5 percent or more

– The new administration can make a fresh start.

Global migration’s impact and opportunity

– Migration has become a flashpoint for debate in many countries. But McKinsey Global Institute research finds that it generates... significant economic benefits—and more effective integration of immigrants could increase those benefits.

Can the US economy return to dynamic and inclusive growth?

– Slower economic growth in the United States has wrought a vicious cycle that has hobbled many American households. Targeted investment... and policy action could turn it around.

MGI Essay Prize: Crowdsourcing ideas for revitalizing growth in Europe

– After receiving several hundred essay submissions on how to pump life into Europe’s economy, the judges awarded prizes in... a McKinsey Global Institute contest.

The power of parity: Advancing women’s equality in the United Kingdom

– Bridging the gender gap in the United Kingdom could increase GDP by billions of pounds over the next decade and add 840,000 female... employees to the workforce.

How digital finance could boost growth in emerging economies

– Delivering financial services by mobile phone could benefit billions of people by spurring inclusive growth that adds $3.7 trillion... to the GDP of emerging economies within a decade.

Miles to go: Stepping up progress toward gender equality

– A year after the UN General Assembly vowed to achieve gender equality as part of the Sustainable Development Goals, we look at... what steps need to be taken

Overcoming global turbulence to reawaken economic growth

– The era of easy economic growth has ended, but policy makers and business leaders can target three areas to increase prosperity... in a politically and socially volatile world.

India’s ascent: Five opportunities for growth and transformation

– The country could create sustainable economic conditions in five ways, such as promoting acceptable living standards, improving... the urban infrastructure, and unlocking the potential of women.

Poorer than their parents? A new perspective on income inequality

– The real incomes of about two-thirds of households in 25 advanced economies were flat or fell between 2005 and 2014. Without action,... this phenomenon could have corrosive economic and social consequences.

Capturing China’s $5 trillion productivity opportunity

– It won’t be easy, but shifting to a productivity-led economy from one focused on investment could add trillions of dollars... to the country’s growth by 2030.