Independent work: Choice, necessity, and the gig economy
The McKinsey Global Institute examines all the ways people are earning income, as well as the challenges independent work presents.
MGI Essay Prize: Crowdsourcing ideas for revitalizing growth in Europe
After receiving several hundred essay submissions on how to pump life into Europe’s economy, the judges awarded prizes in a McKinsey Global Institute contest.
How digital finance could boost growth in emerging economies
Delivering financial services by mobile phone could benefit billions of people by spurring inclusive growth that adds $3.7 trillion to the GDP of emerging economies within a decade.
Overcoming global turbulence to reawaken economic growth
The era of easy economic growth has ended, but policy makers and business leaders can target three areas to increase prosperity in a politically and socially volatile world.
Realizing the potential of Africa’s economies
Africa’s economic fundamentals remain strong, but governments and companies will need to work even harder to keep the region’s economies moving forward.
India’s ascent: Five opportunities for growth and transformation
The country could create sustainable economic conditions in five ways, such as promoting acceptable living standards, improving the urban infrastructure, and unlocking the potential of women.
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...
Digital Europe: Realizing the continent’s potential
Europe is operating below its digital potential. Accelerating digitization could add trillions of euros to economic growth in less than a decade.
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.
Bridging global infrastructure gaps
Global infrastructure systems are straining to meet demand, and the spending trajectory will lead to worsening gaps. But there are solutions to unlock financing and make the sector more productive.
Can Latin America reignite growth by connecting with consumers?
The region needs to build a more diversified and sustainable economic base, focusing on consumers as the pivotal driver of growth both globally and at home.
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.
How social tools can reshape the organization
Not all social technologies bring equal benefits. In a new survey, respondents say the most valuable tools make it easier for employees to collaborate—and could even transform the way organizations...
Why investors may need to lower their sights
The forces that have driven exceptional investment returns over the past 30 years are weakening, and even reversing. It may be time for investors to lower their expectations.
Urban world: The global consumers to watch
Dramatic demographic shifts are transforming the world’s consumer landscape. Our new research finds just three groups of consumers are set to generate half of global urban consumption growth from...