Susan Lund is director of research at the McKinsey Global Institute (MGI),
McKinsey & Company's economics research arm.
Susan's recent research has focused on the global financial and economic crisis. She has quantified the impact of the crisis on U.S. household wealth and consumption, has assessed the magnitude of deleveraging in the United States and Europe, and is exploring potential sources of U.S. growth during an economic recovery. She is a leader of MGI's research on global capital markets, with recent efforts assessing the implications of credit losses and regulatory changes on the financial sector and scenarios for how global financial markets may evolve after the crisis. Prior research has examined how the rise of hedge funds, private equity, petrodollars, and Asian central banks is shaping financial markets; assessed the sustainability of the U.S. current account deficit; and analyzed the performance of national financial systems around the world, including those in China and India.
Susan also leads research for an annual report on the state of the world’s capital markets. She has authored numerous articles in leading business and academic publications, including Foreign Affairs, Far Eastern Economic Review, Journal of Economic Development, The International Economy, Milken Review, Newsweek International, and the McKinsey Quarterly. She is a frequent speaker at conferences on economics and financial markets.
She joined McKinsey in 1996 in the Washington, DC, office as a consultant and worked with a range of investment banks, financial services firms, and international financial institutions. She became a member of the board of editors at the McKinsey Quarterly in 2000 and joined MGI at the end of 2004 as a senior fellow.
Prior to joining McKinsey, she held a variety of positions in other countries, including with the U.S. Peace Corps in the Philippines, the Fulbright Fellowship program, and the U.N. Research Institute for Social Development in Southern China.
Susan holds a Ph.D. in applied economics from Stanford University and a B.A. with highest distinction in economics from Northwestern University. She lives in Washington, DC, with her husband and two daughters.