2017

Many sectors in China are ripe for digital disruption because they are fragmented and inefficient, writes Lola Woetzel in Financial Times.

Technological innovations have radically transformed the business landscape in many ways over the last two centuries, our research shows how digitization can significantly hurt incumbent firms in many industries, write Jacques Bughin and Tanguy Catlin in Harvard Business Review.

More businesses in China are putting digital technologies at the heart of their operations and strategy. These digital forces can potentially shift and create 10% to 45% of industry revenue in China by 2030, write Jonathan Woetzel, Jeongmin Seong, and Kevin Wei Wang in Fortune.

New research from the McKinsey Global Institute analyzes firm-level financial results and finds a stark contrast in performance between the biggest U.S. manufacturing multinationals and the small and midsize firms that make up most of the sector’s establishments and employment, write Gary Pinkus, Katy George, and Sree Ramaswamy in Harvard Business Review.

MGI has estimated that automation in China could add as much as 1.4 percentage points to GDP a year via productivity contributions, write James Manyika and Lola Woetzel in People's Daily.

As European banks retreat, China is leading something of a changing of the guard in global finance, write Susan Lund and Eckart Windhagen in Harvard Business Review.

A survey by the McKinsey Global Institute of 3,000 C-level executives across 10 countries and 14 sectors identified five fundamental strategies for how to get the most out of AI’s potential, write Jacques Bughin and Eric Hazan in MIT Sloan Management Review.

Signs of greater resilience and increased stability are everywhere. Actions taken over the last ten years therefore imply less fragility when the next crisis hits, as it surely will, write Susan Lund and Hans-Helmot Kotz in Project Syndicate.

European and U.S. banks are refocusing domestically while emerging market rivals expand abroad, write Susan Lund and Lola Woetzel in Financial Times.

The extraordinary measures taken over the past 10 years by central banks, financial regulators, and bank executives themselves have made the global financial system more robust, write Susan Lund and Eckart Windhagen in Fortune.

Artificial intelligence is experiencing a new spring and is here to stay It can bring firm-level productivity and profit growth, with employment dynamics that may not be as bad as anticipated by some, write Jacques Bughin and Eric Hazan in VOX.

Global leaders in infrastructure development confront a multi-trillion dollar gap in investment. New analysis from MGI estimates US$69 trillion of investment will be needed between now and 2035, write Jan Mischke and Diaan-Yi Lin in The Business Times of Singapore.

The adoption of robotics, internet-of-things technology, and data analytics — along with macroeconomic trends and changing consumer behavior — are fundamentally transforming the way resources are consumed, write Jonathan Woetzel and Scott Nyquist in Harvard Business Review.

The economic recovery has boosted business confidence in Europe and now the message is clear: businesses want strong cooperation and a new vision for the future of Europe, writes Jacques Bughin in EurActiv.com.

While many of the world’s major economies are today turning inward, the future of globalization depends on whether emerging markets, like China, can lead it onto a more inclusive path, writes Lola Woetzel in China Daily.

The McKinsey Global Institute finds a huge economic and business opportunity within Africa, but one that can only be fully mined if the continent’s current fragmentation is overcome and its institutions work to improve their governance and performance, writes Acha Leke in Brookings Africa in Focus.

Like traditional globalization, digital globalization is threatened by a number of barriers and protectionist policies, imposing significant costs to companies and harm to consumers, write Susan Lund and James Manyika in Foreign Affairs.

Cross-border migrants, more than 90 percent of whom have moved for economic reasons, comprise just 3.4 percent of the world’s population, but contribute nearly 10 percent of global GDP, write Ian Goldin and Lola Woetzel in Project Syndicate.

Companies that adopt bold offensive strategies in the face of industry digitization will come out the winners, write Jacques Bughin and Nicolas van Zeebroeck in MIT Sloan Management Review.

US construction-sector productivity is lower today than it was in 1968, and investment has fallen over the past decade. While construction has appeared stuck in a time warp, other sectors have transformed themselves, write Jonathan Woetzel, Mukund Sridhar, and Jan Mischke for MarketWatch.

About 10% to 15% of the working-age population in the United States and Europe make their primary living through independent work, write Jacques Bughin, James Manyika, and Susan Lund in Fortune

Renewable energy, primarily solar and wind, could jump from 4 percent of global power generation today to as much as 36 percent by 2035, write Jonathan Woetzel and Rogers in MarketWatch.

New trade policies must be based on a clear-eyed understanding of how globalization is evolving, not on a backward-looking vision based on the last 30 years, write Laura Tyson and Susan Lund in Project Syndicate.

Half of the activities people are paid to do in the global economy have the potential to be automated by adapting current technology. But more occupations will change than will be automated in the short to medium term, write James Manyika, Michael Chui, and Katy George in  Harvard Business Review.

While the impulse to erect trade barriers is understandable, it is not the way to create lasting growth and shared prosperity, write Gary Pinkus, James Manyika and Sree Ramaswamy in Harvard Business Review.

Global flows of goods, services, finance, people, and data have raised world GDP by at least 10% in the past decade, write Jacques Bughin and Susan Lund in Vox EU.