Resilience Economy December 12, 2022Could the current moment of geopolitical and economic upheaval usher in a new era of progress? A look at previous periods after times of turbulence might offer a clue, find senior partner Sven Smit and coauthors in a recent paper. During the Era of Markets (1989–2019), for example—which came as the Berlin Wall fell and the Soviet Union broke up, among other world-shifting events—new majorities emerged. By 2019, 67 percent of the world’s population had a mobile phone and 72 percent of net new annual electricity-generating capacity globally came from renewables. We strive to provide individuals with disabilities equal access to our website. If you would like information about this content we will be happy to work with you. Please email us at: McKinsey_Website_Accessibility@mckinsey.com To read the paper, see “On the cusp of a new era?” October 20, 2022.