McKinsey Global Institute

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Productivity, Competitiveness & Growth

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.

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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.

Realizing gender equality’s $12 trillion economic opportunity

– Investing in access to essential services and reducing the gap in labor-force participation rates could significantly expand the... global economy by 2025.

The power of parity: Advancing women's equality in the United States

– Every state and city in the United States has the opportunity to further gender parity, which could add $4.3 trillion to the country’s... economy in 2025.

The power of parity: Advancing women’s equality in India

– Achieving gender equality in India would have a larger economic impact there than in any other region in the world—$700... billion of added GDP in 2025—but comprehensive change is needed.

The new global competition for corporate profits

– A new McKinsey Global Institute report finds that a 30-year period of unprecedented corporate-profit growth could be drawing to... a close. Competition is intensifying as emerging-market companies go global and technology and technology-enabled firms make rapid moves into new sectors.

South Africa’s bold priorities for inclusive growth

– Sluggish growth has left many pessimistic about the country’s economic outlook, but five actions could add 1.1 percent ($87 billion)... to annual GDP and create millions of jobs by 2030.

A window of opportunity for Europe

– The region could achieve economic growth of 2 to 3 percent annually by undertaking supply-side reforms and boosting investment... and job-creation efforts.

How a private-sector transformation could revive Japan

– With its working-age population shrinking, Japan will need to focus on productivity as never before. A major private-sector initiative... to accelerate productivity growth could create a “fourth arrow” of economic reform.

Can long-term global growth be saved?

– Without action, global economic growth will almost halve in the next 50 years. A new McKinsey Global Institute report offers a... solution: a dramatic improvement in productivity.

Three paths to sustained economic growth in Southeast Asia

– By capitalizing on three global trends, Southeast Asia could increase productivity and create billions in economic value by 2030.

China’s digital transformation

– New applications of the Internet could account for up to 22 percent of China’s GDP growth through 2025.