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.

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Article - Global Daily

Miles to go: Stepping up progress toward gender equality

– There are 10 gender "impact zones" that need to be addressed in order to accelerate progress toward gender parity, write Kweilin Ellingrud, Mekala Krishnan, and Anu Madgavkar in Global Daily.
Article - Harvard Business Review

Emerging demographics are the new emerging markets

– Three key groups of urban consumers with numbers and purchasing power are the ones to shape the consumer landscape over the next 15 years, write Richard Dobbs, Jaana Remes and Jonathan Woetzel in Harvard Business Review.
Article - Fortune

These are the jobs least likely to go to robots

– Changes in the workplace brought about by automation will be more nuanced than simple choice between human and robot, write James Manyika, Michael Chui, and Mehdi Miremadi in Fortune.
Article - Project Syndicate

Jumpstarting Europe's economy

– Laura Tyson and Eric Labaye urge officials to enlarge their toolkit to boost demand—including the use of "helicopter money."
Article - Project Syndicate

When globalization goes digital

– Martin Neil Baily and James Manyika argue that a world in which flows of data outstrip flows of goods puts the US at a clear advantage.
Article - Project Syndicate

Bridging the infrastructure gap

– Dominic Barton debunks the conventional wisdom that fiscal constraints are blocking necessary investment.
Article - Project Syndicate

The working women windfall

– Rakesh Mohan and Anu Madgavkar map out a path for boosting global GDP by promoting gender equality.
Article - Fortune

The trade debate missing in the 2016 US Presidential race

– The Internet is disrupting international trade, write MGI partner Susan Lund and 1776's Donna Harris in Fortune.
Article - Project Syndicate

China's $5 trillion opportunity

– In a world of economic turmoil, China has an advantage that others lack: a clear path forward. By raising productivity, China can address its growth challenges, reduce the risks of financial crisis, and complete its transition to a consumption-driven, high-income economy, with a large and affluent middle class, write Fred Hu and Jonathan Woetzel in Project Syndicate.
Article - Huffington Post

The power of gender parity in the United States

– The United States is viewed as one of the most advanced countries in the world on gender parity. But on closer inspection, significant inequality still remains, and not just when it comes to pay, write Kweilin Ellingrud, James Manyika, and Jonathan Woetzel in The Huffington Post.
Article - Harvard Business Review

How reducing gender inequality could boost U.S. GDP by $2.1 trillion

– Gender equality is an economically "smart" thing to do. The U.S. could add at least 5% to GDP by 2025 by advancing the economic potential of women in the workforce, write Kweilin Ellingrud, James Manyika, and Vivian Riefberg in Harvard Business Review.
Article - Time

5 myths about America's gender gap

– Although women make up about 46% of the workforce there exist significant inequality which has huge economic costs. Advancing women's equality in the workplace could add $2 trillion to GDP in the next decade write Kweilin Ellingrud and Vivian Riefberg, in Time.com
Article - Harvard Business Review

Which industries are the most digital

– Digital leaders stand out from their competitors in two ways: how they put digital to work, especially in engaging with clients and suppliers, and how intensively their employees use digital tools in every aspect of their daily activities, write Prashant Gandhi, Somesh Khanna, and Sree Ramaswamy in Harvard Business Review.
Article - The Globe and Mail

Canada's winning combination for new global economy

– The corporate world has entered a more volatile era of leaner profits and supercharged competition. If Canada can transform the way it does business, becoming leaner and more productive at home while aggressively pursuing growth opportunities abroad, there will be plenty of opportunity in this wave of disruption, write Bruce Simpson and Sree Ramaswamy in The Globe and Mail.
Article - Newsweek Middle East

The power of gender parity

– Today in the Middle East and North Africa region, women contribute only 18 percent of the GDP and represent just 24 percent of the workforce. The region has begun undertaking large-scale discussions of strategies to accelerate gender parity, writes Rimi Assi in Newsweek Middle East.
Article - Harvard Business Review

Globalization is becoming more about data and less about stuff

– Growth in global trade has flattened, and it looks unlikely to regain its previous peak relative to world GDP anytime soon. But globalization hasn’t gone into reverse. It’s gone digital, write Jacques Bughin, Susan Lund, and James Manyika in Harvard Business Review.
Article - The World Post

These charts show how globalization has gone digital

– Just 15 years ago, cross-border digital flows were almost non-existent. Today, they exert a larger impact on global economic growth than traditional flows of goods, write James Manyika, Susan Lund, and Jacques Bughin in The World Post.
Article - Stanford Social Innovation Review

The economic benefits of gender parity

– If women were to participate in the economy identically to men, they could add as much as $28 trillion or 26 percent to annual global GDP in 2025, write Anu Madgavkar, Kweilin Elingrud, & Mekala Krishnan in the Stanford Social Innovation Review.
Article - Devex.com

Power with purpose: How women's leadership boosts the economy and society

– Even as other gender gaps have narrowed, women struggle to close the gap with men on taking the roles that lead and shape the world, write Lynn Taliento and Anu Madgavkar in Devex.
Article - LinkedIn

It's not your father's globalization anymore

– Globalization has morphed in a very different—and more digital—direction, writes James Manyika on LinkedIn.
Article - LinkedIn

Are you part of the digital haves or the have-mores?

– Much has been written over the years about the digital divide and the Americans who remain offline, but now but now that technology has penetrated so widely, a different dynamic is taking hold. The gap between the digital “haves” and “have-mores” increasingly defines competition across the US economy, writes James Manyika on LinkedIn.
Article - Harvard Business Review

How many of your daily tasks could be automated?

– Organizations that manage the transition to a more highly automated business model can build strong advantages, write Michael Chui, James Manyika, and Mehdi Miremadi in Harvard Business Review.
Article - Americas Quarterly

Greater women’s equality in Latin America would unlock $1 trillion

– Women have won five presidential elections in Latin America—an impressive feat. Yet much more still needs to be done to advance women's equality in the region. The economic benefits alone would be huge—by our calculations more than $1 trillion over the next decade. At a time when many Latin American economies are struggling, that’s too good a dividend to pass up, write Andres Cadena and Anu Madgavkar in Americas Quarterly.
Article - Project Syndicate

Reigniting South African growth

– A paradox of Sub-Saharan Africa’s rapid economic expansion is the fact that the region’s most sophisticated economy seems not to be part of it. Since 2008, South Africa has recorded average annual GDP growth of just 1.8 percent. The International Monetary Fund expects output in the rest of Sub-Saharan Africa to grow at a rate of close to 5 percent next year, but South Africa is projected to manage little more than 1 percent growth. South Africa needs to reclaim the economic initiative, by—literally—building the Africa of the future, write Acha Leke and Michael Katz in Project Syndicate.
Article - LinkedIn

The future of work: Five issues for the Next:Economy

– There’s a palpable feeling in the air that these are not ordinary times. The changes currently brewing will be sweeping rather than incremental as technology alters the structure of companies and the future of work. Five issues provide some context and touchstones for business leaders and policy makers to consider as they shape their responses, writes James Manyika on LinkedIn.
Article - Project Syndicate

Why gender parity matters

– The high cost of gender inequality has been documented extensively. But a new study by the McKinsey Global Institute estimates that it is even higher than previously thought—with far-reaching consequences, write Laura Tyson and Anu Madgavkar in Project Syndicate.
Article - Vox

Restarting the global economy: Three mismatches that need concerted public action

– The global economy is not working properly. This column argues that to overcome suboptimal results, global aggregate demand must be expanded, the gap between excessively large pools of capital and huge unmet infrastructure needs must be bridged, and finally, the distributional downside of rapid technological advances and global integration must be addressed. Change will come only when a global vision is put forth, coupled with political will, write Michael Spence, Danny Leipziger, James Manyika, Ravi Kanbur in Vox.
Article - LinkedIn

Why China should invest in productivity not in reproductivity

– China, like many other countries, is past the point where policy can influence demographics. Although the partial relaxation of the one child policy in China’s urban areas has led to a small increase in fertility, and there is bound to be something of a spike in births as a result of the latest policy change, the economic impact in the short term will be limited, writes Jonathan Woetzel on LinkedIn.
Article - The Huffington Post

What the rise of the freelance economy means for the future of work

– With the right institutions and policies in place, it could become more viable for people to choose a freelance career path. Workers in many fields are becoming free agents in digital marketplaces, for better and for worse. Now policymakers and the private sector will need to create a framework that allows all of the participants—including the workers—to enjoy the economic upside, writes Susan Lund in The Huffington Post.
Article - Project Syndicate

Innovation with Chinese characteristics

– China is not given enough credit for how far it has come as an innovator. And yet, over the next decade, China could become not only the place where global companies conduct research and launch new products, but also the source of a low-cost and nimble approach to innovation that affects competition everywhere, write Martin Baily and Jonathan Woetzel in Project Syndicate.
Article - LinkedIn

Playing to win: The new global competition for corporate profits

– Intensifying competitive pressures and a tougher operating environment could put a damper on future corporate profit growth. And with each passing year, there will be more companies fighting for a smaller slice of the pie, writes James Manyika on LinkedIn.
Article - LinkedIn

The power of gender parity for business and the economy

– Two new McKinsey reports underscore the economic and business case for gender parity and explore both the hurdles that need to be overcome at work and in society and offer a range of solutions to closing the gender gap, writes James Manyika on LinkedIn.
Article - Project Syndicate

Job-saving technologies

– This is an age of anxiety about the job-killing effects of automation, with dire headlines warning that the rise of robots will render entire occupational categories obsolete. But this fatalism assumes that we are powerless to harness what we create to improve our lives—and, indeed, our jobs. Evidence of technology’s potential to help resolve our job concerns can be found in online talent platforms, write James Manyika and Michael Spence in Project Syndicate.
Article - LinkedIn

Mr. Modi goes to Silicon Valley

– India is becoming both an important market for tech and a growing source of tech innovation, writes James Manyika on LinkedIn
Article - The Huffington Post

The power of gender parity

– Despite progress on multiple fronts, parity between men and women remains an elusive goal. But achieving it offers huge economic potential—if full parity were to be achieved, the contribution of women to global GDP growth could double between 2014 and 2025, adding as much as $28 trillion or 26 percent to the global economy. This is roughly the combined size of the economies of the United States and China today, write James Manyika, Anu Madgavkar and Jonathan Woetzel in The Huffington Post.
Article - Project Syndicate

A growth strategy for Europe

– Low oil prices, a more competitive euro exchange rate, and the European Central Bank’s judicious use of its full suite of monetary-stabilization policies—not to mention the fact that the threat of Grexit has been averted, at least for now—provide a favorable backdrop for such ambitious reforms. Even the political environment may not be as inauspicious as is often believed: Despite the worrying rise of anti-European sentiment in many countries—especially those hit hardest by the crisis—there is a palpable yearning among Europeans to break out of the continent’s debilitating economic (and political) rut, write Hans-Helmut Kotz, Eric Labaye and Sven Smit in Project Syndicate.
Article - LinkedIn

Jumpstarting South Africa’s growth—and why it matters

– South Africa has a highly rated business environment, a strong legal and governance framework, excellent transport links, robust investment, and competitive firms. What’s needed is a concerted national effort to go after growth opportunities writes James Manyika on LinkedIn.
Article - LinkedIn

Companies moving quickly on the Internet of Things can benefit now even if the economy has to wait

– Today, we could be in for another Solow moment, courtesy of the Internet of Things, writes James Manyika on LinkedIn.
Article - Project Syndicate

Reassessing the Internet of Things

– Today, we seem to be at a similar historical moment with a new innovation: the much-hyped Internet of Things—the linking of machines and objects to digital networks. Sensors, tags, and other connected gadgets mean that the physical world can now be digitized, monitored, measured, and optimized. As with computers before, the possibilities seem endless, the predictions have been extravagant—and the data have yet to show a surge in productivity, write James Manyika and Martin Neil Bailey in Project Syndicate.
Article - Fortune

By 2025, Internet of things applications could have $11 trillion impact

– Companies have a great deal to gain from the Internet of things.The business leaders who tackle the obstacles to implementing these systems and invest in new capabilities early stand to gain the most from building competitive advantages, write James Manyika and Michael Chui in Fortune.
Article - LinkedIn

Four forces are upending everything you thought you knew

– Four powerful forces are disrupting the global economy and throwing many of our old assumptions into question, writes James Manyika on LinkedIn
Article - The Cairo Review of Global Affairs

The obesity crisis

– Obesity has become one of our major global economic problems. Many people may be surprised to learn that obesity is jostling with armed conflict and smoking as a human activity with the greatest negative impact on the global economy, write Richard Dobbs and James Manyika in The Cairo Review of Global Affairs.
Article - LinkedIn

The digital revolution is making the job market work for you

– Job markets are ripe for transformation, and it’s finally here—in the form of digital platforms, the very same technologies that have reshaped the business landscape in areas such as e-commerce, writes James Manyika on LinkedIn.
Article - Financial Times

Middleweight cities to animate global growth

– We are currently living through the biggest mass migration from countryside to cities in human history. The global population of cities is growing by 65m people annually—that’s the equivalent of 7 Chicagos a year, every year. Between now and 2025, we calculate that 440 cities in developing countries will generate nearly half of global GDP growth writes Richard Dobbs, James Manyika and Jonathan Woetzel in Financial times.
Article - Project Syndicate

The missing arrow of abenomics

– Japan’s productivity slump permeates the entire economy; labor and capital productivity gains have nearly stalled in almost every sector. Japan’s ability to alter its trajectory depends on individual companies making decisions to invest, change workplace policies, deploy new technologies, and test untried business models, write Seki Obata and Georges Desvaux on Project Syndicate.
Article - Fortune

How US companies can fill the skills gap

– The jobs the nation has been creating in the past two years are very different in nature from the ones that were lost following the 2008 financial crisis.
Article - Foreign Affairs

Tokyo drift: How Japan can turn its aging workforce into an advantage

– Japan is on a trajectory toward another decade of anemic growth and intensifying fiscal pressures. With its workforce shrinking, Japan must simultaneously boost productivity and labor force participation through creative adaptations for older workers and an increased focus on robotics in the workforce.
Article - Project Syndicate

The global obesity threat

– In 2010, humanity passed an important milestone. Obesity became a bigger public-health problem than hunger. This crisis is not just a pressing health concern; it is also a threat to the global economy, write Richard Dobbs and Boyd Swinburn on Project Syndicate.
Article - Project Syndicate

The growth conundrum

– Rapid economic growth has placed enormous pressure on the environment. As demographic tailwinds turn into headwinds, and environmental challenges become ever more apparent, businesses and governments need to think carefully about how to improve resource efficiency while fostering more inclusive economic growth, write Laura Tyson and Jonathan Woetzel on Project Syndicate.
Article - The Huffington Post

How productivity can save an aging world

– Global economic growth is under threat because populations are aging, shrinking the size of the pool of people able to work. The only answer to the growth question in an era of dramatic demographic change is productivity growth.
Article - Financial Times

Mexico, destined to always underachieve?

– Since the 1980s, both national and international observers have predicted time and again that economic growth in Mexico is just about to take off. But it hasn’t, and others have quickly gained ground and overtaken Mexico. In 1980, for instance, Mexico’s GDP per capita was almost double South Korea’s and 30 per cent higher than Taiwan’s. Today, South Korean per capita GDP is twice Mexico’s and Taiwan’s is almost three times as much. China, which had one-twelfth of Mexico’s GDP per capita in 1980 could surpass Mexico by 2018.
Article - Project Syndicate

Emerging economies’ demographic challenge

– Population aging is often cited as a major economic challenge for the developed world. But shifting demographics pose an even greater threat to the growth prospects of many emerging economies, write Martin Neil Baily and Jaana Remes on Project Syndicate.
Article - Project Syndicate

Connectivity for all

– Over the last decade, the number of new Internet users tripled. But, though a large majority of the world’s population remains offline, the pace of expansion has slowed sharply in recent years. Is the Internet revolution losing steam?
Article - Harvard Business Review

The productivity challenge of an aging global workforce

– Productivity and innovation need to be front and center of everything we do. If they are not, global prosperity is in jeopardy. Only sweeping change—and being smarter about growth—can meet the challenge of an aging world, writes James Manyika, Jaana Remes, and Richard Dobbs on Harvard Business Review.
Article - LiveMint

Empowering teachers and trainers through technology

– While technology is not a panacea there are excellent opportunities to harness digital technologies to make teachers more effective, writes Anu Madgavkar and Shirish Sankhe on LiveMint.com.
Article - Harvard Business Review

The world’s housing crisis doesn’t need a revolutionary solution

– For decades, policy makers and private-sector leaders have tried to solve the affordable housing problem, yet it has only grown more severe and is on track to expand dramatically as urbanization plays out in developing economies. We believe that there is a plausible alternative, because there are clear solutions that—under proper management—can narrow the affordable housing gap substantially by 2025, writes Jonathan Woetzel, Jan Mischke, and Sangeeth Ram on Harvard Business Review.
Article - Project Syndicate

Closing India’s technology gap

– It is a notable irony that India, which produces solutions to many of the knottiest information-technology problems faced by the world’s largest companies, has benefited little from technological progress. Fortunately for India’s citizens, Prime Minister Narendra Modi intends to change that, writes Raghunath A. Mashelkar and Anu Madgavkar on Project Syndicate.
Article - Ozy.com

2014’s Biggest, Wildest Ideas

– Recapping the top stories from the past 12 months is the media’s favorite year-end pastime. Here’s what probably won’t get a lot of attention, but whose economic impact is denominated in hundreds of billions of dollars to trillions: a fattening world, robots and our future sci-fi existence.   Indeed, while focusing on individual events, however momentous, is popular, it tends to gloss over the seismic shifts that reshape the landscape. It’s the long-term technological and economic trends that matter, and from those come my purely personal and idiosyncratic list of things that changed the conversation in 2014, and signal even bigger transformations ahead, writes James Manyika on Ozy.com