McKinsey & Company | Global news | Economy

An overview of McKinsey & Company global news:

Middle East

WEF and McKinsey launch the Global Cooperation Barometer The world’s cohesion is under pressure, marked by the number of wars and (economic) conflicts.
17 January 2024
United Kingdom

Global cooperation on the decline since 2020 A new global study has shown that international conflict is threatening the world economic stability dramatically.
17 January 2024
Europe

Europe must join forces to groom powerhouse start-up sector Despite being one of the world’s economic powerhouse regions, Europe has fallen behind the United States in recent years, particularly in technology and innovation.
22 December 2023
Poland

McKinsey: Poland on the cusp of a new economic reality Poland has tripled the value of its economy in the last 30 years with some of the highest economic growth rates in the world.
08 November 2023
Middle East

Further adoption of AI can add $150 billion to GCC economies More use of AI in business functions could unlock untapped value of at least $150 billion to the Gulf Cooperation Council (GCC) economies.
23 August 2023
Latin America

Latin America’s changing export sector (and shift away from the US) There is an ongoing transition in Latin America’s markets – international trade is going multipolar, with China taking over major stakes and pushing out the United States.
06 August 2023
India

Generative AI to transform India's economy, says McKinsey The recent surge in generative AI technologies is set to affect India's economic landscape, with significant implications for various sectors.
01 August 2023
Middle East

Economic integration a $230 billion GDP opportunity for Middle East The private sector in the Middle East needs to take a more proactive and assertive approach in order to drive growth.
11 May 2023
Middle East

Majid Al Futtaim and McKinsey launch Economic Integration Barometer Set to be launched later today during the World Economic Forum in Davos, the new MENAP Economic Integration Barometer by Majid Al Futtaim in collaboration with McKinsey & Company will keep track of k
18 January 2023
United Kingdom

Economic pessimism in UK at all-time high New data has revealed that economic pessimism is at an all-time high among UK consumers. With the rate of inflation now at around 9%, more than a third of consumers expect a lengthy recession.
25 May 2022
United States

McKinsey: Worst-case scenario of Ukraine war includes US recession A recent McKinsey & Company report that examines the global economic impact of the Russian invasion of Ukraine says the worst-case scenario could result in a recession for the eurozone and United Sta
23 March 2022
United States

Consumer optimism remains muted, focused on value and essentials Even as countries have lifted many pandemic restrictions, consumer optimism remains muted and spending intent is still below pre-crisis levels, according to a report from consulting firm McKinsey & C
09 September 2020
India

McKinsey lays out six ways India can accelerate job creation A new McKinsey & Company report reveals India to be in a ‘make or break’ situation, where economic reform could create 90 million jobs in the next decade, while missing this opportunity could spell e
02 September 2020
United States

Billions in profits evaporate due to supply chain disruptions As political, climate, and pandemic risks increase, companies could lose an average of 45% of annual profit once per decade due to supply chain disruption, according to a recent McKinsey report.
20 August 2020
United Kingdom

Covid-19 supply chain disruptions pose multi-trillion economic threat Global markets could forfeit as much as $5 trillion in economic losses, if they do not adapt their supply chains in the wake of the Covid-19 virus.
17 August 2020
India

McKinsey's Gautam Kumra on India's economic outlook “Ruthless execution” is the need of the hour for India, be it in terms of rescuing the economy in the short term, or capitalising on global opportunities in the medium to long term.
30 June 2020
India

Challenges to reopening India's complex economy As the Indian government looks to ease lockdown restrictions, the challenge is not only to preserve public health but also to restart a fragmented economy, according to new McKinsey & Company analysi
25 May 2020
United States

McKinsey: Covid-19 impact could reach 57 million jobs in US Up to 57 million US jobs are vulnerable – encompassing permanent layoffs, temporary furloughs, and reductions in hours and pay.
11 May 2020
India

McKinsey Asia Chairman Oliver Tonby on India's growth outlook McKinsey & Company’s Asia Chairman Oliver Tonby reflects on the economic outlook for India, as well as on the impact of the government's latest policies.
24 January 2020
India

India might be headed for a debt crisis with the rest of Asia McKinsey & Company reports that Asia might well be headed towards another debt crisis, given that most major economies in the region are only falling deeper into debt.
02 September 2019
United Kingdom

3 million women in the UK need to transition to new jobs by 2030 More than 3 million women working in the UK are forecast to need to transition to new jobs in the coming decade, as digital disruption ramps up amid Britain’s rapidly automating markets.
12 July 2019
United Kingdom

Superstar companies capture 80% of economic profit Large companies tend to dominate the global market, with the top businesses capturing the vast majority of economic profit globally.
02 July 2019
United Kingdom

Global gold industry sees signs of post-crash revival Having seen the precious metal over-invested during the boom years leading to 2007, the gold industry has seen a decade of spending cuts and low returns.
20 June 2019
United Kingdom

Energy use must decouple from GDP growth for sustainable future Transforming the global economy is increasingly seen as imperative to preventing an irreversible climate disaster, but at present only marginal and short-term improvements have been committed to by g
18 June 2019
United States

McKinsey outlines the challenges facing Georgia's economy The state of Georgia faces a number of weaknesses that could put a damper on future economic growth, including skills shortages, insufficient transportation infrastructure, and poor health outcomes –
29 May 2019
Africa

A carefully tailored investment strategy can produce substantial results in Africa Africa is the place to invest in over the next few decades, and a clear, diversified strategy is essential on the economically vibrant region, according to analysis from McKinsey & Company Partners A
06 May 2019
South Africa

M&A and talent development are among the key strategies for a digitalising SA Following from its analysis on the global digital landscape in 2017, global management consultancy McKinsey & Company has released a set of recommendations for the South African market to ensure that
06 May 2019
Australia

Australia & New Zealand face major dairy export opportunities Australia and New Zealand face major dairy export opportunities in the coming decade, according to a new report by McKinsey & Company in collaboration with the International Dairy Foods Association (
02 May 2019
India

Public and private innovation are driving India's substantial digital economy New analysis from global management consultancy McKinsey & Company has reinforced what many experts have been indicating in recent times, that India is amongst the largest digital economies in the wo
01 April 2019
Canada

McKinsey's Newfoundland diversification report to be revealed after provincial budget In September 2018, NYC-based strategy firm McKinsey & Company won a $1 million contract to deliver an economic diversification report to the province of Newfoundland and Labrador.
06 February 2019
United Kingdom

These top consulting firms are shaping WEF's Davos agenda Every year, the second half of January sees the global economic and political elite descend en masse on a Swiss ski-resort.
23 January 2019
Mexico

Digitization could add $240 billion to Mexico’s GDP by 2025 A new analysis by McKinsey & Company ranks Mexico 55th in digital maturity out of 151 countries.
22 January 2019

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